Summary of Key Points Core Viewpoint - The company, Xi'an High Voltage Electrical Research Institute Co., Ltd., is changing the implementation subjects and locations of certain fundraising projects to enhance efficiency and align with market demands while maintaining the total investment amount unchanged [1][6]. Fundraising Basic Information - The company has received approval from the China Securities Regulatory Commission for its initial public offering, issuing 79.144867 million shares at a price of RMB 14.16 per share, raising a total of RMB 1,120.6913 million. After deducting issuance costs of RMB 60.9083 million, the net amount raised is RMB 1,059.7830 million [1][2]. Fundraising Investment Project Details - The total investment for the fundraising projects is RMB 910 million, with the entire amount allocated to two main projects: the new electric equipment detection capability enhancement project and the key technology research and testing base for new environmentally friendly transformers [2][5]. Changes in Implementation Subjects and Locations - The company plans to add Xi'an High Voltage Electrical Research Institute (Xiamen) Co., Ltd. as a new implementation subject and change the project locations to Xiamen. This change aims to leverage local resources and enhance collaboration with industry needs [3][4][5]. Reasons for Changes - The changes are driven by the need for long-term project development and market analysis. Xiamen is identified as a hub for new energy enterprises, which will facilitate better integration with industry demands and local academic resources [4][5]. Impact of Changes - The changes will not affect the total investment amount or the business direction of the fundraising projects. They are expected to improve project execution efficiency and align with the company's strategic goals [6][7]. Fundraising Management Post-Change - The company will establish a dedicated account for the new implementation subject to manage and utilize the raised funds effectively [6]. Review Procedures - The changes have been approved by the company's board and supervisory committee and will be submitted for shareholder approval. The supervisory committee supports the changes, stating they will enhance fundraising efficiency without harming shareholder interests [6][7]. Sponsor's Verification Opinion - The sponsor, China International Capital Corporation, has verified that the changes comply with relevant regulations and will not adversely affect the fundraising projects [7].
西高院: 中国国际金融股份有限公司关于西安高压电器研究院股份有限公司变更部分募投项目实施主体、实施地点的核查意见