GINWA(SH:600080) Xin Lang Cai Jing·2025-06-26 20:20Core Viewpoint - The company has announced a delay in the completion of certain fundraising investment projects while maintaining the original investment content, total amount, and implementation subjects [1][9]. Group 1: Fundraising Overview - The company raised a total of approximately RMB 637.6 million through the issuance of 67,974,413 shares at a price of RMB 9.38 per share, with a net amount of approximately RMB 628.8 million after deducting issuance costs [1]. - The company has established a dedicated account for the storage of raised funds and has signed a tripartite supervision agreement with the sponsor and the bank [2]. Group 2: Project Status and Delay - As of June 23, 2025, the company has reported on the investment status of the fundraising projects, indicating that the construction and installation of the new factory relocation and expansion project have been completed, but the overall project has not yet been delivered [3][7]. - The delay is primarily due to the need for further inspections and adjustments, including self-checks by the construction unit and network debugging, which are necessary before applying for project acceptance [8]. Group 3: Reasons for Delay - The delay in the "New Factory Relocation and Expansion Project" is attributed to the completion of construction and installation works, but the project is still undergoing necessary inspections and preparations for compliance with GMP regulations [8]. - The company has decided to extend the timeline for the project to achieve a usable state by December 31, 2025, to ensure safety and quality in project implementation [8]. Group 4: Impact and Future Measures - The delay will not materially affect the implementation of the projects or the interests of shareholders, as it only involves adjustments to the expected timeline for project usability [9]. - The company will enhance supervision of the project progress and coordinate resources to ensure timely completion of the fundraising projects [9]. Group 5: Approval Process - The decision for the delay was approved in the meetings of the company's board and supervisory board held on June 26, 2025, with necessary opinions from the supervisory board and the sponsor [10][11].