Use of Proceeds - The net proceeds from the listing amounted to approximately RMB 141.4 million, equivalent to HKD 155.6 million after deducting underwriting commissions and related expenses[2]. - The company plans to allocate 35% of the net proceeds, approximately RMB 49.5 million, for establishing modern logistics and warehouse centers, as well as constructing new production workshops by the end of 2025[1]. - 27% of the net proceeds, around RMB 38.2 million, will be used to establish sales channels, with a target completion date also set for the end of 2025[1]. - RMB 25.4 million, representing 18% of the net proceeds, is earmarked for brand building and product marketing, expected to be fully utilized by the end of 2025[1]. - The company has allocated 5% of the net proceeds, or RMB 7.1 million, for strategic investments and acquisition opportunities in the tea industry, with the same completion timeline of the end of 2025[1]. - Another 5% of the net proceeds, also RMB 7.1 million, is designated for upgrading IT infrastructure and enhancing R&D capabilities, expected to be fully utilized by the end of 2025[1]. - 10% of the net proceeds, approximately RMB 14.1 million, will be used for working capital and other general corporate purposes, with a target completion date by the end of 2024[1]. - The total planned use of net proceeds is 100%, amounting to RMB 141.4 million, with all funds expected to be utilized as per the outlined timelines[1]. - The company confirms that the intended use of proceeds remains unchanged from the prospectus disclosed on December 14, 2023[2]. Governance Structure - The company’s board of directors includes both executive and independent members, ensuring a diverse governance structure[3].
澜沧古茶(06911) - 2024 - 年度业绩