XINJIANG TIANYE(SH:600075) Zheng Quan Zhi Xing·2025-06-27 16:16Core Viewpoint - The company has decided to postpone the completion dates of its fundraising investment projects due to actual project conditions, while maintaining the investment amounts and purposes unchanged [4][6]. Group 1: Fundraising Overview - The company raised a total of 300,000 million yuan through the issuance of 30 million convertible bonds, with a net amount of 2,963,773,962.16 yuan after deducting issuance costs [1]. - The funds are allocated for two main projects: the production of 250,000 tons of ultra-pure alcohol-based fine chemicals and 225,000 tons of high-performance resin raw materials, along with 80,000 million yuan for working capital [2]. Group 2: Project Status and Delays - The project for producing 250,000 tons of ultra-pure alcohol-based fine chemicals is expected to be completed by June 2026, while the high-performance resin raw materials project is also postponed to June 2026 [2][5]. - The delays are attributed to impacts from public health events and regional control measures, which have hindered construction progress [4]. Group 3: Decision-Making and Compliance - The company’s board and supervisory committee approved the postponement of the investment projects on June 27, 2025, ensuring compliance with relevant regulations [6]. - The sponsor institution has confirmed that the postponement will not adversely affect the company's operations or shareholder interests, and the necessary approval procedures have been followed [6].