<image>A cylindrical bottled beverage, measuring from the inside, has a base circumference of 25.12 centimeters and a height of 10 centimeters. The label on the bottle indicates "Net content ≥ 500 milliliters." Please answer the following questions.
① First, please use your knowledge to explain whether the net content of this product is misleading to consumers.
② If you pour all of this beverage into cups with a capacity of 150 milliliters each, how many cups are needed to hold the entire beverage?
③ If you make 100 such beverage cans, what is the minimum amount of material in square centimeters needed? (Round the result to the nearest whole number)