Na Baichuan announced that the company held a board meeting on December 30, 2025 to review and approve adjustments to the amount of capital to be invested in the fund-raising project. The total capital raised by the company's initial public offering of shares was 632 million yuan, a net amount of 556 million yuan. Since the actual net amount raised was lower than expected, the company plans to increase the investment amount for the “Nabaichuan New Energy Technology Co., Ltd. production project with an annual output of 3.6 million units of water cooling panels” to 506 million yuan and “supplementary working capital” to 50 million yuan, for a total of 556 million yuan. The shortfall was covered by own or self-funded funds. The adjustment was approved by the Board of Directors and Audit Committee, and there was no objection from the sponsor.

Na Baichuan announced that the company held a board meeting on December 30, 2025 to review and approve adjustments to the amount of capital to be invested in the fund-raising project. The total capital raised by the company's initial public offering of shares was 632 million yuan, a net amount of 556 million yuan. Since the actual net amount raised was lower than expected, the company plans to increase the investment amount for the “Nabaichuan New Energy Technology Co., Ltd. production project with an annual output of 3.6 million units of water cooling panels” to 506 million yuan and “supplementary working capital” to 50 million yuan, for a total of 556 million yuan. The shortfall was covered by own or self-funded funds. The adjustment was approved by the Board of Directors and Audit Committee, and there was no objection from the sponsor.