Core Viewpoint - The company has decided to postpone the expected completion dates for two fundraising projects, which will not affect the overall investment content or total amount of the projects [1][4]. Fundraising Overview - The company raised a total of RMB 85,516.67 million from the public offering of 23,333,334 shares at a price of RMB 36.65 per share, with a net amount of RMB 77,572.97 million after deducting issuance costs [1][2]. - As of March 31, 2025, the total planned investment for the fundraising projects is RMB 120,059.51 million, with cumulative investment amounting to RMB 55,249.19 million, achieving a progress rate of 99.39% [2]. Project Delay Details - The postponement of the projects is due to various factors including climate conditions, construction capacity, equipment debugging, and administrative approvals affecting the "Chizhou Halogen-free Flame Retardant Expansion Project" [4]. - The "Anqing Polystyrene Production Project" faced delays due to macroeconomic conditions, market environment impacts, and internal adjustments in business focus and industry chain planning [4]. Measures for Completion - The company will closely monitor market changes, actively promote administrative approvals, optimize resource allocation, and enhance supervision of the fundraising projects to ensure timely completion [4]. Impact of Delay - The delay is a prudent decision based on actual project conditions and will not change the investment content or total amount of the projects, nor will it adversely affect the company's normal operations [4][5]. - The company will continue to comply with regulatory requirements and strengthen internal and external supervision of fundraising usage [4]. Approval Process - The board of directors approved the postponement of the fundraising projects, which does not require submission to the shareholders' meeting for further approval [5]. Sponsor's Opinion - The sponsor, Tianfeng Securities, confirmed that the postponement has been properly approved by the board and does not negatively impact the company's operations or shareholder interests [5].
聚石化学: 关于部分募投项目延期的公告