Zheng Quan Zhi Xing·2025-06-13 10:41Core Viewpoint - The company has completed certain fundraising projects and plans to permanently supplement its working capital with the remaining funds, which is deemed a prudent decision to enhance fund utilization efficiency and reduce financial costs [5][6]. Group 1: Fundraising and Project Overview - The company raised a total of RMB 1,494,431,000 through its initial public offering, with a net amount of RMB 1,383,972,305 after deducting issuance costs [1]. - The fundraising was allocated to various projects, including a construction project for a research and development building [2]. Group 2: Fund Management and Usage - The "R&D Building Construction Project" has reached the predetermined usable state, meeting the completion criteria as of June 11, 2025 [3]. - The remaining funds from the project, amounting to RMB 42,181,900 (including interest income), will be permanently supplemented into working capital [4]. Group 3: Reasons for Fund Surplus - The company adhered to regulations regarding the use of raised funds and optimized resource allocation, leading to cost reductions in project construction [4]. - The decision to replace high-cost imported equipment with more cost-effective domestic alternatives contributed to the surplus [4]. Group 4: Impact of Fund Allocation - The permanent allocation of surplus funds to working capital is aligned with the company's operational needs and is expected to improve fund utilization efficiency without adversely affecting normal operations [5]. Group 5: Approval Process - The decision to conclude the fundraising projects and allocate surplus funds was approved in meetings held on June 13, 2025, and is pending shareholder approval [5]. Group 6: Sponsor's Verification Opinion - The sponsor, Zhongyuan Securities, has no objections to the company's decision regarding the completion of fundraising projects and the permanent allocation of surplus funds, confirming compliance with relevant regulations [6].