Fundraising Overview - The company raised a total of RMB 756.77 million by issuing 16.1668 million shares at a price of RMB 46.81 per share, with net proceeds amounting to RMB 688.37 million after deducting various fees [2][3] - The funds were deposited into a dedicated fundraising account managed under specific regulatory agreements with banks and the underwriting institution [3][5] Fund Utilization and Management - The company has established a management system for the use of raised funds, ensuring they are stored in dedicated accounts and used efficiently to protect investor interests [3][4] - As of December 31, 2024, the company had four dedicated fundraising accounts, six large deposit accounts, and three structured deposit accounts [5] Fund Usage Details - The company approved the use of RMB 109.85 million of raised funds to replace pre-invested project funds and issuance costs, which was completed by May 2023 [5][6] - The company also utilized bank acceptance bills and self-owned funds for project financing, replacing RMB 26.82 million with raised funds [5][6] Idle Fund Management - The company plans to use up to RMB 3.5 billion of idle raised funds for cash management to enhance fund efficiency and returns, with a rolling investment period of up to 12 months [6][7] - As of December 31, 2024, there were RMB 144 million in large deposits and RMB 140 million in structured deposits that had not yet matured [7] Project Delays and Adjustments - Certain fundraising projects, such as the "Unloading Elevator R&D and Industrialization Project," have been postponed due to site implementation issues, with new expected completion dates set for February 2025 and February 2026 [9][10] - The company has not changed the investment projects or their funding usage, and there are no significant issues in the disclosure of fundraising usage [11][12] Financial Performance - In the first quarter of 2025, the company reported a revenue of RMB 52.09 million, a decrease of 37.47% year-on-year, attributed to reduced market demand and operational challenges [18] - The net profit attributable to shareholders was RMB 10.54 million, down 48.06% compared to the previous year, influenced by increased costs and reduced cash management income [18]
杭州和泰机电股份有限公司 关于募集资金年度存放与使用情况的 专项报告