L14: Progress of Capital Utilization from 2018 Securities Offering

This report highlights the progress of capital utilization raised from the 2018 securities offering. It details the amount raised and the allocation of funds to various projects. Most of the capital has been invested in infrastructure development and expanding production lines to enhance the company’s competitiveness in the market. Additionally, the report points out challenges in project execution due to market fluctuations and external factors. However, the company has made timely adjustments to ensure progress, while committing to use the capital effectively to provide long-term benefits for shareholders.

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