VITI(SH:603023) Zheng Quan Zhi Xing·2025-07-31 16:15Core Viewpoint - The company has adjusted the investment amount and implementation schedule for the "Weidi Cloud Bus Internet of Vehicles Service Platform Project," reducing the investment from 200 million yuan to 64.5285 million yuan and extending the completion date to August 2028 [1][2][10]. Summary by Sections Fundraising Overview - The company issued 2 million convertible bonds at a face value of 100 yuan each in July 2018, raising a total of 200 million yuan, with a net amount of 193.5 million yuan after deducting fees [2][3]. - The remaining balance in the fundraising account as of July 21, 2025, is 181.7188 million yuan [5]. Investment Progress - As of July 21, 2025, the company has invested 34.5285 million yuan in the project, with a planned further investment of 30 million yuan [1][6]. - The project includes the construction of vehicle-mounted intelligent terminals and the Weidi Cloud Bus service platform, among others [8]. Adjustments to Investment Amount and Schedule - The investment amount for the "Weidi Cloud Bus Internet of Vehicles Service Platform Project" has been adjusted to 64.5285 million yuan due to changes in market demand and customer feedback [6][9]. - The completion date for the project has been postponed to August 2028 to better align with market needs and technological developments [10][11]. Future Development Plans - The company plans to focus on developing new products that meet mandatory national standards, including a vehicle central control module and an intelligent cockpit module [7][9]. - The company aims to conduct feasibility analyses for new investment projects to ensure they have good market prospects and profitability [6][10]. Decision-Making Process - The adjustments were approved by the company's board of directors and require shareholder meeting approval [10][11]. - The supervisory board supports the adjustments, stating they align with the company's operational needs and do not harm shareholder interests [11][12].