司南导航: 2024年度募集资金存放与使用情况的专项报告（更正）

Summary of Key Points Core Viewpoint The report outlines the fundraising activities and the management of raised funds by Shanghai Sinan Navigation Technology Co., Ltd. for the year 2024, detailing the total amount raised, its allocation, and compliance with regulatory requirements. Fundraising Overview - The company raised a total of RMB 784.77 million through its initial public offering, with a net amount of RMB 785.11 million after deducting issuance costs [1][2] - The funds are stored in dedicated accounts as per regulatory requirements, ensuring investor protection [1][2] Fund Usage and Balance - As of December 31, 2024, the remaining balance of the raised funds was RMB 406.91 million [3] - The company utilized RMB 21.20 million for various projects during the year, with a total of RMB 32.27 million being reallocated for different uses [6][7] - The company has not used idle funds for temporary working capital during the year [6][7] Fund Management and Compliance - The company has established a strict fund management system in accordance with relevant laws and regulations, ensuring proper storage, usage, and oversight of the raised funds [1][2] - The company has signed tripartite supervision agreements with banks to ensure compliance with fund management practices [2][3] Investment Projects - The company has invested in several projects, including the "New Generation High-Precision PNT Technology Upgrade and Industrialization Project," with a total investment of RMB 27.95 million [7] - The marketing network construction project has been delayed until June 5, 2026, to align with the current fundraising investment project implementation progress [6][7] Use of Excess Funds - The company has used RMB 40.38 million of excess funds for permanent working capital supplementation, accounting for 30% of the total excess funds [6][7] - A total of RMB 29.57 million has been used for share repurchase, with the repurchase price ranging from RMB 28.47 to RMB 41.03 per share [6][7] Audit and Verification - The report includes verification from the accounting firm, confirming that the fundraising and usage practices comply with regulatory requirements [6][7]