According to Jialichuang's announcement, the company's initial public offering of shares was over capital of 248.1738 million yuan, which has not yet been used. The company plans to use all of the overraised capital to invest in the construction of the Jiangsu CITIC high-rise circuit board construction project by providing interest-free loans to the wholly-owned subsidiary Jiangsu CITIC. The project has a total investment of 348.3936 million yuan, a construction period of 2 years, an estimated internal rate of return of 11.35% after tax, and a static payback period of 7.32 years. This investment does not constitute a related transaction or major asset restructuring. The relevant matters have been reviewed and approved by the company's board of directors and still need to be submitted to the shareholders' meeting for consideration.

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