Sunasia(SH:600593) Zheng Quan Zhi Xing·2025-07-28 16:39Fundraising Plan - The company plans to raise a total of 956,340,000.00 yuan through a private placement, with the net proceeds to be used entirely for debt repayment and to supplement working capital [1][2] Necessity and Feasibility Analysis - The necessity of the fundraising is highlighted by the company's significant debt, totaling approximately 1.512 billion yuan, with a high asset-liability ratio of 85.75% as of the end of 2024. The current cash balance of 118 million yuan is insufficient to cover these debts [1][2] - The feasibility of the fundraising is supported by its alignment with relevant policies and regulations, as well as the company's operational needs. The funds will help optimize the capital structure and enhance debt repayment capacity [2][3] Impact on Financial Status and Management - The fundraising is expected to positively impact the company's financial status by significantly increasing total assets and net assets, thereby improving the asset structure and reducing the asset-liability ratio [3][4] - The funds will alleviate debt pressure, enhance financial stability, and support ongoing business operations and product innovation, ultimately improving competitiveness and profitability [2][4] Governance and Fund Management - The company has established a governance structure in line with listing standards, ensuring independent operation of the board and management. A fundraising management system is in place to oversee the use of raised funds [3][4]