Zheng Quan Zhi Xing·2025-06-12 10:28Summary of Key Points Core Viewpoint The company, Shenzhen Keli Technology Co., Ltd., is changing the use of part of the raised funds from its non-public offerings in response to market conditions and operational needs, aiming to enhance fund utilization efficiency and support new project investments. Group 1: Fundraising Overview - In the 2020 non-public offering, the company raised a total of RMB 489.31 million, with a net amount of RMB 480.06 million after deducting issuance costs [1][2] - The 2022 non-public offering raised RMB 225.43 million, with a net amount of RMB 216.71 million after costs [5][6] Group 2: Changes in Fund Usage - The company plans to adjust the investment amounts for the "Automotive Electronic Magnetic Component Production Line Construction Project," reducing the total investment by RMB 151.58 million, reallocating these funds to supplement working capital [3][4] - The "Power Production Automation Transformation Project" has been terminated, with remaining funds also redirected to working capital [4][5] Group 3: New Project Investments - The company intends to invest RMB 173.91 million from the adjusted funds into a new production base in Vietnam to meet increasing market demand and enhance operational efficiency [9][10] - The decision to terminate certain projects and invest in new ones is driven by the need to adapt to market changes and improve competitiveness [8][9] Group 4: Feasibility and Strategic Rationale - The new project in Vietnam is deemed necessary due to the growing demand from overseas clients and the need to diversify production locations to mitigate geopolitical risks [12][13] - Vietnam's favorable labor costs, tax incentives, and strategic location are expected to provide significant advantages for the company's operations [16][17] Group 5: Approval Process - The board of directors and the supervisory board have approved the changes in fund usage, emphasizing that the decision aligns with the company's long-term strategic goals and does not harm shareholder interests [18][19]