Sanda Membrane announced that in order to facilitate centralized management and resource integration of fund-raising projects, the company plans to use some of the remaining funds raised for new fund-raising projects. The details are as follows: the name of the “original project” is the inorganic ceramic nanofilter and water purifier production line project, and the “new project” name is the Taonan City Sewage Treatment Plant renovation project; the total amount of capital raised for the “original project” before the change was 500 million yuan, and the amount of capital raised for the original project was 60,800 yuan. RMB 345 million (including interest of RMB 47.9937 million). The amount of capital raised for the proposed new fund-raising project is estimated to be 457.783 million yuan, and the “new project” is expected to be ready for use in March 2025.