Dingtong(SH:688668) Zheng Quan Zhi Xing·2025-05-14 10:26Summary of Key Points Core Viewpoint - Dongguan Precision Technology Co., Ltd. plans to temporarily use part of its idle raised funds, not exceeding RMB 60 million, to supplement its working capital while ensuring that the investment projects funded by these raised funds are not affected [1][5][6]. Group 1: Fundraising Overview - The company received approval from the China Securities Regulatory Commission on October 9, 2022, for a specific issuance of shares, with the funds being managed in a dedicated account [1]. - The total amount raised is RMB 853.0552 million, with RMB 800 million allocated for investment projects [2]. Group 2: Temporary Use of Idle Funds - The company intends to use the idle funds for business expansion and daily operations, ensuring that it does not affect the progress of the investment projects [3]. - The planned use of funds will not exceed RMB 60 million and will be for a period not exceeding 12 months from the board's approval date [2][4]. Group 3: Approval Process - The board of directors approved the use of idle funds on May 14, 2025, confirming that the necessary legal procedures were followed [4][5]. - The supervisory board also approved the plan, stating that it aligns with regulatory requirements and will enhance the efficiency of fund usage [5][6]. Group 4: Sponsor's Verification - The sponsor, Dongguan Securities, confirmed that the use of idle funds complies with relevant regulations and will not change the intended use of the raised funds [6].