Core Viewpoint - The company has approved the use of its own funds to pay for fundraising investment projects and will subsequently replace these with the raised funds, ensuring compliance with regulatory requirements and optimizing fund usage efficiency [1][4][5]. Summary of Fundraising Situation - The company issued convertible bonds with a total face value of 1,435.01 million yuan, with a net amount raised of 1,421.31 million yuan after deducting related fees [1][2]. - The total investment amount for the projects is 2,514.61 million yuan, with 1,425.00 million yuan planned to be funded by the raised funds [2]. Reasons for Using Own Funds - The company needs to use its own funds initially due to regulatory requirements regarding salary payments and the management of fundraising accounts, which complicates direct payments from the fundraising account [3][4]. Operational Process for Fund Replacement - The company will pay with its own funds and then replace these with raised funds within six months, ensuring proper documentation and compliance with internal approval processes [3][4]. Impact on the Company - This approach is expected to enhance the efficiency of fund usage and project implementation without altering the intended use of the raised funds or harming shareholder interests [4][5]. Review Procedures - The board and supervisory committee have approved the proposal, and the company has followed necessary decision-making processes, not requiring shareholder meeting approval [4][5]. Opinions from Supervisory Committee and Sponsor - The supervisory committee supports the decision, stating it will improve fund efficiency and safeguard shareholder interests [5][6]. - The sponsor has confirmed that the process complies with relevant regulations and does not affect the normal implementation of fundraising projects [5][6].

Group 1 - The company announced the resignation of its Chief Financial Officer, Zhao Kai, due to personal reasons, effective immediately upon delivery of his resignation report to the board [1] - Zhao Kai has completed the handover process according to the company's departure management system and has provided written confirmation for the 2025 semi-annual report, ensuring no adverse impact on the company's normal operations [1] - The board expressed gratitude for Zhao Kai's contributions during his tenure as CFO [1] Group 2 - The company appointed Jiang Yan as the new Chief Financial Officer, effective from August 15, 2025, following approval from the board [2] - Jiang Yan holds a bachelor's degree in accounting from Shanghai University of Finance and Economics and has extensive experience in financial management across various companies, including General Electric and Ping An Healthcare [2][3] - As of the announcement date, Jiang Yan does not hold any shares in the company and has no related party relationships with major shareholders or management [3]

Core Viewpoint - The company plans to utilize up to RMB 460 million of temporarily idle raised funds for cash management, focusing on low-risk, high-liquidity principal-protected products to enhance fund efficiency and maximize shareholder returns [1][9][11]. Fundraising Overview - The company raised a total of RMB 2,176.72 million from its initial public offering (IPO) by issuing 18.2 million shares at RMB 119.60 each, with a net amount of RMB 2,077.16 million after deducting related expenses [3]. - The company also issued convertible bonds totaling RMB 1,435.01 million, with a net amount of RMB 1,421.31 million after expenses [4]. Cash Management Plan - The company intends to invest the idle funds in safe, liquid, low-risk principal-protected products, including but not limited to wealth management products, structured deposits, fixed deposits, large certificates of deposit, and seven-day notice deposits [7][9]. - The investment will be executed within a maximum period of 12 months from the board's approval date, allowing for rolling use of the funds [7][9]. Approval Process - The board and supervisory committee approved the cash management plan on August 15, 2025, with no need for shareholder meeting approval [2][8][12]. - The supervisory committee and the sponsor institution provided clear consent and no objections to the plan [2][12]. Impact on Operations - The cash management strategy is designed to ensure that the investment projects funded by the raised capital are not affected, maintaining the progress of the company's core business operations [9][11]. - The company aims to enhance the efficiency of fund usage and generate additional returns without altering the original fundraising purposes [10][11].

Core Business Expansion and Competitiveness Enhancement - The company is a digital X-ray core component and comprehensive solution supplier, focusing on R&D, production, sales, and services of digital X-ray detectors, high-voltage generators, and other core components [1] - The company has established a global layout with six production bases, including new facilities in Haining, Taicang, and Cleveland, enhancing its competitive edge [1] - In the first half of 2025, overseas revenue reached 366 million yuan, accounting for approximately 34% of total revenue, indicating a continuous increase in overseas business [1] Investment in New Projects - The company plans to invest up to 1.8 billion yuan in a silicon-based OLED microdisplay backplane production project, which will add a capacity of 5,000 units per month [2] - This investment is expected to enhance the company's technological innovation and strengthen its core competitiveness [2] R&D Innovation and High-Quality Development - The company invested 154.24 million yuan in R&D, representing 14.46% of its revenue, and registered 70 new IPs, including 32 invention patents [2] - Ongoing projects include the development of key technologies for digital X-ray detectors and the establishment of an innovation base [2][3] Governance and Operational Standards - The company has established a governance structure with clear responsibilities among the shareholders' meeting, board of directors, supervisory board, and management [4] - The company held multiple board meetings and complied with legal and regulatory requirements for governance [5] Shareholder Returns and Value Sharing - In June 2025, the company completed its 2024 annual equity distribution, distributing cash dividends of 10 yuan per 10 shares and a stock bonus of 4 shares per 10 shares, totaling 142.89 million yuan in cash dividends [6] ESG Commitment and Sustainable Development - The company integrates ESG principles into its strategy and operations, focusing on innovation and quality management to contribute to human health [7] - A report detailing the company's practices in environmental protection and social responsibility is available on the Shanghai Stock Exchange website [7] Future Plans - The company will continue to focus on digital X-ray core components and solutions, enhance governance structures, and improve risk management to achieve high-quality development [8]

Fundraising Overview - The company raised a total of RMB 2,176.72 million through its initial public offering, with a net amount confirmed by an audit report [1] - The company issued convertible bonds with a total face value of RMB 1,435.01 million, resulting in a net amount of RMB 1,421.31 million after deducting related fees [2] Fund Utilization and Balance - As of June 30, 2025, the company had a balance of RMB 256.29 million in its fundraising account, with actual interest income of RMB 1.45 million during the reporting period [2][3] - Cumulative interest income, net of fees, amounted to RMB 75.95 million, with RMB 3.77 million received from financial investments [2][3] Fund Management - The company has established a dedicated management system for fundraising, ensuring compliance with relevant regulations and maintaining a special account for fund storage [3][4] - A tripartite supervision agreement has been signed with banks and sponsors to oversee the management of the fundraising [4] Investment Projects - The company has not made any pre-investments or replacements for fundraising projects during the reporting period [5] - There were no instances of using idle funds to temporarily supplement working capital [5] Cash Management - The company approved the use of up to RMB 600 million of temporarily idle funds for cash management, focusing on low-risk financial products [5] - As of June 30, 2025, the balance of funds under cash management was RMB 0 million [5][6] Project Progress - The company reported that all fundraising projects are progressing as planned, with no changes in project funding usage [6] - Specific projects, such as the new detector and scintillator material industrialization, are on track according to the schedule [6]

Summary of Key Points Core Viewpoint - The company plans to utilize temporarily idle raised funds for cash management to enhance fund efficiency and maximize shareholder returns while ensuring that it does not affect the construction and use of fundraising projects [4][5][8]. Fundraising Basic Situation - The company raised a total of RMB 198,616.94 million from its initial public offering (IPO) and RMB 142,131.35 million from the issuance of convertible bonds, with all funds received and verified by an accounting firm [2][3]. Fund Usage Situation - The net proceeds from the IPO are allocated to various projects, including a total investment of RMB 77,000 million for specific projects [3]. - The company has established a special account for the management of raised funds and signed a tripartite supervision agreement with the sponsor and the bank [3]. Cash Management Basic Situation - The purpose of cash management is to improve the efficiency of idle funds, ensuring safety and not affecting project progress [4]. - The company plans to invest up to RMB 460 million in low-risk, high-liquidity financial products, with a maximum investment period of one year [4][5]. Information Disclosure - The company commits to timely information disclosure in accordance with the regulations of the Shanghai Stock Exchange, ensuring that the use of raised funds remains unchanged [5]. Impact on Daily Operations - The cash management of idle funds will not affect the ongoing projects funded by the raised capital and is expected to enhance the company's operational efficiency and market competitiveness [6][8]. Review Procedures - The board of directors approved the cash management plan, which does not require shareholder meeting approval, ensuring compliance with relevant regulations [7][8]. Sponsor's Verification Opinion - The sponsor has confirmed that the company has followed necessary approval procedures and that the cash management will not adversely affect the investment projects or shareholder interests [8].

Core Viewpoint - The company has adjusted the upper limit of A-share stock issuance to specific targets due to changes in total share capital resulting from various corporate actions, increasing the limit from 21,418,292 shares to 30,032,755 shares [1][4]. Group 1: A-Share Issuance Adjustment - The company’s board approved the adjustment of the upper limit for A-share issuance to not exceed 30,032,755 shares, which is 15% of the total share capital prior to the issuance [1][4]. - The adjustment is a result of the company's annual profit distribution, convertible bond conversions, and stock incentive plans, which have altered the total share capital [2][3]. Group 2: Share Capital Changes - The total share capital increased from 143,062,824 shares to 200,218,370 shares after the profit distribution, which included a cash dividend of 1.00 yuan per share and a capital increase of 0.40 shares per share [3][4]. - The company completed the registration of shares related to the stock incentive plan, contributing to the increase in total share capital [2].

Core Viewpoint - The company intends to use its own funds to pay for investment projects and subsequently replace these funds with the raised capital, ensuring compliance with regulatory requirements and optimizing fund usage efficiency [1][6][7] Fundraising Overview - The company raised a total of RMB 1,435.01 million through the issuance of convertible bonds, with a net amount of RMB 1,421.31 million after deducting issuance costs [1] - The funds have been fully received and verified by an accounting firm [1] Investment Project Details - The raised funds are allocated to specific projects, including the industrialization of new detectors and scintillator materials, with a total investment of RMB 2,514.61 million [3] - As of the latest report, 87.55% of the total investment has been completed using the raised funds [3] Reasons for Using Own Funds - The company has opted to use its own funds for initial payments due to regulatory requirements regarding salary payments and the need for efficient fund management [4][5] - This approach allows for better compliance with banking regulations and simplifies the management of project-related expenses [4] Operational Process for Fund Replacement - The company will replace the funds used from its own account with the raised funds within six months, ensuring proper documentation and compliance with regulatory oversight [5] Impact on the Company - The decision to use own funds for project payments is expected to enhance the efficiency of fund usage and project implementation without altering the intended use of the raised funds [6] - The company has confirmed that this action does not harm the interests of shareholders, particularly minority shareholders [6] Approval Process - The board of directors and the supervisory board have reviewed and approved the proposal to use own funds for project payments, confirming adherence to necessary decision-making procedures [6][7]

格隆汇8月15日丨奕瑞科技(688301.SH)公布，公司拟使用不超过人民币4.6亿元的暂时闲置募集资金（包 括首次公开发行募集资金和向不特定对象发行可转换公司债券募集资金）进行现金管理，在前述额度和 期限内，资金可以循环滚动使用。 ...

Group 1 - The core viewpoint of the article is that Yirui Technology (688301.SH) reported its semi-annual results for 2025, showing modest growth in revenue and net profit [1] - The company achieved operating revenue of 1.067 billion yuan, representing a year-on-year increase of 3.94% [1] - The net profit attributable to shareholders of the listed company was 335 million yuan, reflecting a year-on-year growth of 8.82% [1] Group 2 - The net profit attributable to shareholders after deducting non-recurring gains and losses was 328 million yuan, which indicates a year-on-year decline of 2.11% [1] - The basic earnings per share were reported at 1.67 yuan [1]