**Announcement of the Company's Annual Report on the Storage and Use of Raised Funds**
According to the relevant requirements of the China Securities Regulatory Commission (CSRC), we are providing a detailed report on the storage and use of funds raised by our company in 2024.
### Summary:
1. **Fund Raising:**
The company successfully raised a total of [specific amount] through its initial public offering (IPO) in accordance with applicable laws, regulations, and the approved prospectus.
2. **Use of Funds:**
As of December 31, 2024, the funds have been allocated as follows:
- **Capital Expenditure:** [specific percentage]% for purchasing machinery and equipment to expand production capacity.
- **Working Capital:** [specific percentage]% for operational expenses, including raw material procurement and staff training.
- **Research & Development:** [specific percentage]% invested in R&D activities to enhance product quality and innovation capabilities.
3. **Fund Management:**
The raised funds were securely deposited in separate accounts designated for this purpose at reputable financial institutions. All transactions involving these funds strictly adhered to the company's internal policies and relevant regulations.
4. **Variance from Original Plan (If Any):**
As of December 31, 2024, there has been no deviation from the originally planned use of funds outlined in the prospectus.
5. **Independent Auditor's Report:**
The independent auditor has issued an unqualified opinion on the company's management and utilization of raised funds for the year 2024.
6. **Conclusion:**
The board of directors assures that all procedures followed during the storage and use of raised funds were in compliance with applicable laws, regulations, and corporate governance standards.
**Board of Directors**
[Company Name]
[Date]