Fund Utilization - In the fiscal year 2021, approximately RMB 3.83 billion of the raised funds were utilized, with RMB 3.50 billion allocated to aviation product investments and RMB 0.33 billion to aviation research and industrialization projects [2]. - As of October 31, 2021, approximately RMB 9.63 billion of the raised funds had been used, including RMB 8.12 billion for aviation product investments and RMB 1.51 billion for aviation research projects [2]. - The remaining unutilized funds as of October 31, 2021, amounted to approximately RMB 2.12 billion, which is planned to be fully used for aviation product investments [2]. Impact of External Factors - The timeline for the completion of the use of the raised funds may be delayed due to the impact of the COVID-19 pandemic and international economic conditions [2]. Disclosure Practices - The company will provide ongoing disclosures regarding the actual use of the H-share placement funds in future annual and interim reports [2]. H-share Placement - The net proceeds from the H-share placement amounted to approximately HKD 1.346 billion [1].
中航科工(02357) - 2022 Q3 - 季度财报