Zheshang Securities(SH:601878) Zheng Quan Zhi Xing·2025-07-09 04:10Core Viewpoint - The company intends to temporarily use part of its idle raised funds to supplement working capital, ensuring that it does not affect the construction of investment projects and the planned use of raised funds [1][6][9]. Fundraising Basic Situation - The company has issued 3,507,300 convertible bonds at a price of RMB 100 each, raising a total of RMB 350.73 million, with a net amount of RMB 342.27 million after deducting underwriting fees and related external costs [1][2]. Fund Usage Situation - The total investment for the projects funded by the raised capital is RMB 446.73 million, with RMB 342.27 million planned to be allocated from the raised funds [2][3]. - The company has approved a change in the use of part of the raised funds, reallocating some from the "Basic Education Management and Service Integration Cloud Platform Project" to the "Higher Education Operation and Service Integration Platform Project" [2][3]. Temporary Cash Management - The company has approved the use of up to RMB 30 million of idle raised funds for cash management, investing in low-risk, bank-issued principal-protected products with a term not exceeding 12 months [3][4]. - The company has also approved the use of up to RMB 24 million and RMB 20 million for similar cash management purposes in separate resolutions [4][5]. Temporary Supplement of Working Capital - The company plans to use up to RMB 11 million of idle raised funds to temporarily supplement working capital, with specific amounts allocated for different time frames [6][8]. - The company has already returned RMB 15 million of the funds used for temporary working capital back to the special account for raised funds as of July 4, 2025 [5][6]. Review Procedures and Opinions - The board of directors and the supervisory board have approved the proposal to use idle raised funds for temporary working capital, confirming that it will not affect the investment projects and is in the interest of the company and all shareholders [9][10].