AVICOPTER(SH:600038) Zheng Quan Zhi Xing·2025-06-06 09:20Core Viewpoint - The company has approved the continued use of temporarily idle raised funds for cash management, with a maximum amount not exceeding RMB 2.5 billion, ensuring that it does not affect the investment plans of the raised funds [1][4]. Summary by Sections Fundraising Overview - The company raised a total of RMB 2,999,999,973.46 through the issuance of 88,287,227 shares at a price of RMB 33.98 per share, with a net amount of RMB 2,968,265,742.11 after deducting related issuance costs [2]. - The total amount of raised funds approved for investment is up to RMB 3 billion [1]. Investment Project Details - The raised funds are intended for specific projects, including the construction of a maintenance base to enhance comprehensive maintenance capabilities [2]. - As of December 31, 2024, the company has invested a total of RMB 300.25 million from the raised funds, with a remaining balance of RMB 34.65 million in the special account [2]. Cash Management Plan - The company aims to utilize temporarily idle raised funds for cash management to improve efficiency and increase returns for shareholders, without impacting the ongoing projects [3][4]. - The cash management will involve investing in low-risk, highly liquid, and principal-protected products with a maturity of no more than 12 months [4]. Approval Process - The board of directors and the supervisory board have approved the cash management plan, ensuring compliance with relevant regulations and safeguarding shareholder interests [6][8]. - Independent financial advisors have confirmed that the cash management plan adheres to regulatory requirements and does not alter the intended use of the raised funds [7][8].