HQTI(SH:688281) Shang Hai Zheng Quan Bao·2025-04-25 00:45Group 1 - As of December 31, 2023, the company has an unexpired financial management fund balance of 1,390,000,000 yuan and has used 9,769,000,000 yuan of idle raised funds to purchase financial products, with a total maturity amount of 9,504,000,000 yuan and an unexpired financial product amount of 1,655,000,000 yuan [1] - The company has approved the use of 1.5 million yuan of over-raised funds to permanently supplement working capital as of April 17, 2024, with a cumulative use of 635,178,304.96 yuan for this purpose by December 31, 2024 [2] - The company plans to invest 125 million yuan in the Huayin Technology New Materials Park (Phase II) project, using 60 million yuan of over-raised funds and 65 million yuan of self-owned funds [3] Group 2 - By December 31, 2024, the company has cumulatively used 1,748.46 million yuan of over-raised funds for the Huayin Technology New Materials Park (Phase II) project [4] - As of December 31, 2024, the company has no surplus raised funds or other uses of raised funds [5][6] - The company has not changed the use of raised investment projects as of December 31, 2024 [7] Group 3 - The company strictly follows relevant laws and regulations regarding the management and supervision of raised funds, ensuring timely and accurate information disclosure without any violations [8] - The annual report on the storage and use of the company's raised funds has been prepared in accordance with relevant regulations and reflects the actual situation [9] - The sponsor has confirmed that the company's use of raised funds complies with regulatory requirements and has been properly stored and used [10] Group 4 - The company plans to distribute a cash dividend of 5.2 yuan per 10 shares and to increase capital by transferring 4 shares for every 10 shares held, with a total cash dividend amounting to 101,240,536.28 yuan [13][15] - The profit distribution and capital increase plan is subject to approval at the 2024 annual general meeting [16][18] - The company aims to enhance investor returns and may implement a mid-term profit distribution plan for 2025, depending on the company's performance [16] Group 5 - The company has proposed to renew the appointment of the accounting firm Xinyong Zhonghe for the 2025 financial audit, pending approval at the 2024 annual general meeting [22][23] - Xinyong Zhonghe has a strong track record, with significant revenue from audit services and a large number of listed company clients [24][25] - The company’s audit committee and independent directors have recommended the renewal based on the firm’s performance and compliance with auditing standards [32][33] Group 6 - The company will hold a performance briefing on May 12, 2025, to communicate with investors and address their concerns [38][40] - The annual general meeting is scheduled for May 15, 2025, with both on-site and online voting options available for shareholders [44][46] - The company has outlined the procedures for shareholder registration and voting for the upcoming general meeting [51][57] Group 7 - The company has announced a delay in the expected operational status of certain fundraising projects, specifically the "Special Functional Materials Industrialization Project" and the "Special Functional Materials R&D Center Project," now expected to be operational by March 2026 [62][64] - The delay is based on the actual progress of the projects and aims to ensure quality and compliance with market demands [65][66] - The company has confirmed that the delay will not affect the overall funding purposes or project locations [66][68]