Core Viewpoint - The report provides an overview of the fundraising activities and the management of funds by Sichuan News Network Media (Group) Co., Ltd., confirming compliance with regulatory requirements and detailing the actual use and remaining balance of the raised funds for the year 2024 [1][3][5]. Fundraising Overview - The company raised a total of RMB 226.5144 million by issuing 33.36 million shares at a price of RMB 6.79 per share, with a net amount of RMB 189.6276 million after deducting underwriting and related fees [5]. - The funds were verified by Tianjian Accounting Firm, which issued a verification report confirming the amount raised [5]. Fund Usage and Balance - As of the end of the reporting period, the net amount of funds raised was RMB 189.6276 million, with RMB 6.8688 million utilized for project investments and RMB 1.08529 million earned in interest [5]. - The remaining balance of the raised funds was RMB 186.0419 million, with an actual remaining balance of RMB 56.0419 million, resulting in a discrepancy of RMB 130 million due to idle funds being used to purchase large time deposits [5][9]. Fund Management Practices - The company has established a dedicated fund management system, including a special account for fundraising, and signed a tripartite supervision agreement with the underwriter and banks to ensure proper management and usage of the funds [5][6]. - The company has adhered to the regulatory guidelines set forth by the China Securities Regulatory Commission and the Shenzhen Stock Exchange regarding the management and use of raised funds [2][4]. Project Investment and Adjustments - The company has not encountered any abnormal situations regarding the investment projects funded by the raised capital, although some projects have been adjusted or postponed due to changes in market conditions and technological advancements [8][11]. - The "川网云" intelligent technology platform project is expected to enhance content production capabilities and cannot be evaluated for individual benefits due to its integrated nature [8][11]. Idle Fund Management - The company has been authorized to use up to RMB 130 million of idle funds for cash management, investing in low-risk financial products while ensuring that it does not affect the construction of fundraising projects [9][11].
川网传媒: 天健审〔2025〕11-197号 川网传媒募集资金年度存放与使用情况鉴证报告