Yifeng Pharmary(SH:603939) Zheng Quan Zhi Xing·2025-07-30 16:14Core Viewpoint - The company has announced an extension of the completion date for its fundraising investment project, the "Digital Platform Upgrade Project," from July 31, 2025, to December 31, 2025, without changing the project implementation subject, method, total investment, or use of funds [1][4]. Fundraising Basic Information - The company issued 17,974,320 convertible bonds at a face value of RMB 100 each, raising a total of RMB 1.797 billion, with net proceeds after deducting issuance costs amounting to RMB 1.793 billion [1][2]. Fundraising Usage Status - As of June 30, 2025, the total investment for the "Digital Platform Upgrade Project" is RMB 80.642 million, with RMB 73.621 million already invested, representing a progress rate of 91.29% [2][3]. Reasons for Project Delay - The delay in the "Digital Project" is attributed to the complexity of integrating multiple systems (product, logistics, finance, and human resources), which has led to challenges in platform integration and promotion [3][4]. Impact of Project Delay - The project delay is a cautious decision based on actual implementation conditions and will not adversely affect the company's normal operations or harm the interests of shareholders, particularly minority shareholders [4][5]. Review Procedures and Opinions - The board of directors and the supervisory board approved the extension of the project completion date during meetings held on July 30, 2025, confirming that the decision complies with relevant laws and regulations [4][5].