HAILIANG(SZ:002203) Zheng Quan Ri Bao·2025-04-26 00:49Summary of Key Points Core Viewpoint The company, Zhejiang Hailiang Co., Ltd., has provided a detailed report on the management and usage of raised funds in compliance with regulatory requirements, highlighting the amounts raised, their allocation, and the status of various projects funded by these resources. Group 1: Fundraising Overview - The company raised a total of RMB 207,800 million through a non-public stock issuance in 2018, with a net amount of RMB 204,958.57 million after deducting fees [3] - In 2019, the company issued convertible bonds totaling RMB 315,000 million, with a net amount of RMB 312,841.14 million after expenses [4] Group 2: Fund Usage and Surplus - As of June 2, 2020, the company transferred surplus funds from several projects, totaling RMB 7,207,133.76, into its own account for daily operations [5] - By October 11, 2023, the company had transferred RMB 3,279,085.44 from two projects into its own funds, following the completion of those projects [6] Group 3: Fund Management Practices - The company has established a management system for raised funds, ensuring they are stored in dedicated bank accounts and managed according to regulatory guidelines [7] - As of December 31, 2024, all fundraising accounts had been closed, with the company having two remaining accounts for the 2019 convertible bond issuance [9] Group 4: Project Status and Adjustments - The company has not encountered any abnormal situations regarding the investment projects funded by the raised capital [10] - Adjustments to project implementation have been made, such as changing the project entity for the "Annual Production of 10,000 Tons of New Efficient Parallel Flow Heat Exchanger Precision Microchannel Aluminum Alloy Flat Tube" project [11] Group 5: Disclosure and Compliance - The company has confirmed that there are no significant issues in the usage and disclosure of raised funds for the year [12]