Zheng Quan Zhi Xing·2025-07-17 16:28Core Viewpoint - The company, Nanya New Materials Technology Co., Ltd., has completed certain fundraising projects and intends to permanently supplement its working capital with the remaining funds from these projects [1][5][7]. Fundraising Overview - The company raised a total of RMB 191,036.00 million through the issuance of 58.6 million A-shares at a price of RMB 32.60 per share, with a net amount of RMB 178,607.94 million after deducting issuance costs [1][2]. - The funds were stored in a dedicated account, and a regulatory agreement was signed with the underwriter and the bank [2]. Investment Plans and Usage - The investment projects included: - Construction project for 15 million square meters of high-frequency, high-speed electronic circuit substrates for 5G communications, with a total investment of RMB 6,500.00 million [2]. - Expansion project for 10 million square meters of high-frequency, high-speed electronic circuit substrates for 5G communications, with a total investment of RMB 39,785.99 million [2]. - The total planned investment was RMB 182,739.99 million, with RMB 179,755.99 million allocated from the raised funds [2]. Fund Usage and Surplus - As of June 30, 2025, the total funds used for the projects were RMB 131,039.00 million, with a surplus of RMB 22,090.32 million [3][4]. - The surplus was primarily due to effective cost control and management during the project implementation [4]. Future Plans for Surplus Funds - The company plans to use the surplus funds of RMB 22,090.32 million to permanently supplement its working capital for daily operations, enhancing cash flow and economic efficiency [4][5]. Decision-Making Process - The decision to conclude the fundraising projects and allocate surplus funds was approved by the company's board of directors and supervisory board, without the need for a shareholders' meeting [5][7]. - The supervisory board believes that using surplus funds for working capital will optimize resource allocation and improve the efficiency of fund usage, aligning with the company's development strategy [5][7]. Underwriter's Opinion - The underwriter, Everbright Securities, has no objections to the company's decision to conclude the fundraising projects and permanently supplement working capital, confirming compliance with relevant laws and regulations [6][7].