Actions announced that the company's board of directors and supervisory board reviewed and approved a proposal to use self-owned funds, bank acceptance bills, letters of credit, and foreign exchange to pay for funds required for overseas procurement during the implementation period of the fundraising project, and to replace them with an equivalent amount of raised funds. This move aims to improve the efficiency of fund utilization and ensure the smooth progress of the fundraising project. The company's net fundraising amount is 1.195 billion yuan, mainly used for the upgrade and industrialization project of smart Bluetooth audio chips, as well as the research and industrialization project of ultra-low power MCUs for wearable and IoT fields