SUNOREN(SH:603105) Zheng Quan Zhi Xing·2025-07-14 09:10Core Viewpoint - The company plans to replace certain rooftop resources in its "Distributed Photovoltaic Power Station Construction Project" with new projects that meet implementation conditions, while maintaining the total amount of raised funds and the focus on distributed photovoltaic power stations [1][2][10]. Summary by Sections Overview of Fundraising - The company issued 8.8 million convertible bonds with a total fundraising amount of 880 million yuan, netting approximately 869.56 million yuan after deducting fees [2][9]. - The funds are designated for the "Distributed Photovoltaic Power Station Construction Project" and bank loan repayment [5][9]. Changes to Fundraising Projects - The company intends to replace parts of the original fundraising projects that are no longer feasible with new projects that are ready for implementation, thereby improving the efficiency of fund usage [1][10]. - The total investment amount for the "Distributed Photovoltaic Power Station Construction Project" after changes is 700.71 million yuan, with 636.06 million yuan allocated for capital expenditures [9][15]. Feasibility and Implementation - The new projects have already obtained necessary approvals and are aligned with the company's core business of distributed photovoltaic power station investment and operation [11][12]. - The company has a strong reputation and experience in the industry, which supports the successful implementation of the new projects [11][12]. Approval Process - The proposed changes require approval from the company's shareholders and bondholders, and do not constitute related party transactions or major asset restructuring [2][16]. - The supervisory board and sponsor have expressed support for the changes, emphasizing their alignment with the company's interests and regulatory compliance [16].