1. The reason for the failure of the Exploration Institute’s Open Fund acceptance is that less than 85% of the project and subject objectives were completed. 2. The acceptance documents, information, and data provided were untrue and contained fraud.

3. Without application or approval, the project undertaking unit, project leader, assessment objectives, research content, technical route, etc. have changed.

4. The project has not been completed for more than six months beyond the execution period stipulated in the project approval or task statement, and no explanation has been given in advance.

5. There are serious problems with the use of funds.