TECHSEM(SZ:300046) Zheng Quan Zhi Xing·2025-04-02 11:33Core Viewpoint - The company, Hubei Taiji Semiconductor Co., Ltd., is experiencing delays in some of its fundraising projects, which have been officially reviewed and approved by its board and supervisory committee, ensuring compliance with relevant regulations [1][4]. Fundraising Overview - The company raised a total of RMB 342,679,241.73 through the issuance of 23,411,371 shares at a price of RMB 7,320,754.72 [1]. - The total investment amount for the fundraising projects is RMB 50,200,000, with RMB 34,267,920 planned to be invested from the raised funds [2]. Project Delay Details - The project "High Power Semiconductor Technology R&D Center" has been postponed from November 30, 2022, to April 30, 2025, due to extended R&D periods and changes in market conditions [2][3]. - The company has adjusted the expected completion date for some projects to April 30, 2027, considering the actual progress and market environment [3]. Reasons for Delay - The delays are attributed to longer-than-expected R&D cycles, changes in national key project timelines, and delays in collaborative research efforts [3]. - The company is focusing on developing new semiconductor technologies and applications, which are influenced by market demands in strategic emerging industries [3]. Impact of Delay - The project delays do not alter the project implementation entities, investment purposes, or scales, and are not expected to adversely affect the company's normal operations [3][4]. - The adjustments are deemed necessary for aligning with the company's long-term development strategy [3]. Review Procedures - The board and supervisory committee have reviewed and approved the delay of the fundraising projects, confirming that the decision complies with relevant regulations and does not harm shareholder interests [4]. Verification Opinion - The sponsoring institution, Huatai United Securities, has no objections to the project delays and will continue to monitor the company's fundraising usage and project implementation progress [5].