EVE(SZ:300014) Zheng Quan Zhi Xing·2025-06-09 12:36Core Viewpoint - The report provides a detailed account of the fundraising activities and the utilization of the raised funds by Huizhou EVE Energy Co., Ltd., confirming compliance with regulatory guidelines and reflecting the company's financial management practices [1][2][3]. Fundraising Overview - In 2020, the company raised approximately RMB 2.5 billion by issuing 48,440,224 shares at a price of RMB 51.61 per share, with a net amount of RMB 2.48 billion after deducting issuance costs [3]. - In 2022, the company raised RMB 9 billion by issuing 142,970,611 shares at a price of RMB 62.95 per share, with the funds received on November 24, 2022 [3]. Fund Management - The company has established a special account management system for the raised funds to ensure their proper use, in compliance with relevant laws and regulations [3][4]. - As of December 31, 2024, the balance of the special account for the 2020 fundraising was RMB 14.31 million, while the balance for the 2022 fundraising was RMB 677.53 million [9]. Fund Utilization - By December 31, 2024, the total amount utilized from the 2020 fundraising was RMB 2.38 billion, while RMB 6.58 billion was utilized from the 2022 fundraising [5][6]. - The company has made adjustments to the use of funds, reallocating some to the "Passenger Vehicle Power Battery Project (Phase III)" [5][6]. Investment Projects - The company committed to invest RMB 897.36 million in various projects, with actual investments amounting to RMB 657.58 million, resulting in a difference of RMB 239.78 million primarily due to ongoing payments for the "Passenger Vehicle Lithium-ion Battery Project" [6][10]. - The projects include the "HBF16GWh Passenger Vehicle Lithium-ion Battery Project," which has reached its intended operational status, with some payments pending [6][10]. Financial Performance - The report indicates that the actual investment amounts align with the disclosed information, with no discrepancies noted in the fundraising utilization compared to previous disclosures [11].