GUOXIN MICRO(SZ:002049) Zheng Quan Zhi Xing·2025-07-29 16:32Core Viewpoint - The company is utilizing its own funds to pay for part of the investment projects and will replace these with raised funds in an equivalent amount, following necessary regulatory procedures and ensuring compliance with relevant laws and regulations [1][7]. Fundraising Overview - The company raised a total of RMB 150,000 million by issuing 15 million convertible bonds at a face value of RMB 100 each, with a net amount of RMB 148,787.66 million after deducting issuance costs [1][2]. Investment Project Details - The raised funds are allocated for the development and industrialization of new high-end security series chips, vehicle control chips, and to supplement working capital, with two projects being implemented by the wholly-owned subsidiary, Unisoc [2][3]. Use of Own Funds and Replacement Process - The company faced challenges in directly using raised funds for certain expenditures, such as salaries and overseas purchases, leading to the decision to use its own funds initially and replace them with raised funds within six months [4][5]. - The replacement process involves confirming project expenditures, transferring equivalent amounts from the special fund account to the company's general accounts, and maintaining a detailed ledger of these transactions [6][7]. Impact on Daily Operations - The use of own funds for project expenditures and subsequent replacement will not affect the implementation of investment projects or harm the interests of the company and its investors, as it adheres to legal and regulatory requirements [5][7]. Review and Opinions - The board of directors and the supervisory board have approved the use of own funds for project payments, confirming that the necessary decision-making processes were followed and that there is no impact on the normal execution of investment projects [6][7]. - The sponsor institution has also verified that the procedures comply with relevant regulations and has no objections to the company's actions [7].