Daosheng Tianhe announced that the company's initial public offering of shares raised a net capital of 687 million yuan. Since the actual net amount raised was lower than the amount to be invested, the company adjusted the amount to be invested in the fund-raising project. As of the disclosure date of the announcement, the funds for the “Bank Loan Repayment” project have been used according to the plan, and the settlement conditions have been met. The company has cancelled the project's corresponding special account of the China Merchants Bank Shanghai Yuyuan Branch. The account balance was 6,656.34 yuan, plus the funds saved in the Societe Generale Bank account, totaling 8739.68 yuan, all transferred to the “High-end Adhesives and High-Performance Composite Resin System Project with an annual output of 56,000 tons for new energy and power batteries” special account. This operation qualifies for exemption from review.

Daosheng Tianhe announced that the company's initial public offering of shares raised a net capital of 687 million yuan. Since the actual net amount raised was lower than the amount to be invested, the company adjusted the amount to be invested in the fund-raising project. As of the disclosure date of the announcement, the funds for the “Bank Loan Repayment” project have been used according to the plan, and the settlement conditions have been met. The company has cancelled the project's corresponding special account of the China Merchants Bank Shanghai Yuyuan Branch. The account balance was 6,656.34 yuan, plus the funds saved in the Societe Generale Bank account, totaling 8739.68 yuan, all transferred to the “High-end Adhesives and High-Performance Composite Resin System Project with an annual output of 56,000 tons for new energy and power batteries” special account. This operation qualifies for exemption from review.