On December 10, Gelonghui reported that Zhejiang Sanfer Electric (605336.SH) announced its plan to conclude and terminate the "Annual Addition of 400,000 Units of Asia Vets Efficient Energy-saving Integrated Stove Industrialization Demonstration Project." Among them, the project factory and civil construction, along with 8 production lines (with a total integrated stove capacity of about 320,000 units per year), have been completed and are in a usable state. Thus, the plan is to conclude the project, with the remaining approximately 235.8559 million yuan of raised funds (including accumulated interest income and investment returns on the raised fund account as of November 30, 2024) intended to be permanently added to the working capital, to be used for the company's daily production and operations. Additionally, given that the company's existing integrated stove capacity can cover current orders and market demand, the construction of the remaining 2 production lines (with a total capacity of about 80,000 units per year) for this fundraising project is planned to be terminated, with the remaining raised funds of approximately 28 million yuan intended to be permanently added to the working capital, for subsequent use in the company's daily production and operations.