SIASUN(SZ:300024) Zheng Quan Zhi Xing·2025-07-15 16:24Core Viewpoint - The company has completed the fundraising investment project and plans to permanently supplement its working capital with the remaining funds, which is expected to enhance the efficiency of fund usage and meet operational needs [1][4][6]. Fundraising Basic Situation - The company raised approximately RMB 2.999 billion through a private placement of 54,347,826 shares at a price of RMB 55.20 per share, with actual funds raised being RMB 2.960 billion after deducting issuance costs [1][2]. - The total committed investment amount for the fundraising projects was RMB 296,088.30 million [1]. Fundraising Investment Project Input and Replacement - The company approved the use of RMB 19,688.50 million of the raised funds to replace self-raised funds previously invested in the projects [1][2]. Fundraising Management and Storage - The company established a three-party supervision agreement with several banks to ensure the proper management and usage of the raised funds [1][2]. - As of June 30, 2025, the balance in the fundraising special accounts was reported, ensuring compliance with the regulations [2]. Use and Surplus of Fundraising - As of June 30, 2025, the total amount of funds used and the surplus from the fundraising projects were detailed, with a total surplus of approximately RMB 71,868.62 million planned for permanent working capital supplementation [3][4]. Reasons for Surplus Funds - The surplus was attributed to cost savings achieved through efficient project management and cash management, resulting in additional interest income of approximately RMB 24,073.35 million [3][4]. Plan for Surplus Fund Usage - The company intends to use the surplus funds for daily operational activities and business development, ensuring that all outstanding payments for the projects will be settled with self-raised funds after the surplus is allocated [3][4]. Impact of Surplus Fund Supplementation - The decision to permanently supplement working capital with surplus funds is expected to improve fund usage efficiency and support the company's long-term development without adversely affecting normal operations [4][5]. Approval Procedures - The board of directors, supervisory board, and independent directors have all expressed their agreement with the plan to conclude the fundraising projects and allocate surplus funds for working capital, pending approval from the shareholders' meeting [5][6].