VITI(SH:603023) Zheng Quan Zhi Xing·2025-07-31 16:15Core Viewpoint - The company is adjusting the investment amount and implementation progress of its fundraising projects, specifically reducing the investment in the "Weidi Cloud Bus Internet of Things Service Platform Project" from 200 million RMB to 64.5285 million RMB, while continuing to manage the remaining funds in a dedicated account [6][9][11] Fundraising Basic Situation - In July 2018, the company issued 2 million convertible bonds with a total fundraising amount of 200 million RMB, netting 192.4034 million RMB after deducting fees [2][3] - As of July 21, 2025, the balance in the fundraising account is 181.7188 million RMB [4] Actual Investment Situation - The company has received a total of 24.0271 million RMB in interest and investment income from the fundraising account since 2018 [4] - The company has completed several modules of the "Weidi Cloud Bus Internet of Things Service Platform Project" but is adjusting the project due to changes in customer demand [7][8] Adjustment of Investment Amount and Delay - The investment amount for the "Weidi Cloud Bus Internet of Things Service Platform Project" is adjusted to 64.5285 million RMB, with 34.5285 million RMB already invested and an additional 30 million RMB planned for future investment [6][9] - The completion date for the project has been postponed to August 2028 to better align with market demands [8][9] Impact on the Company - The adjustments are deemed necessary based on current industry conditions and the company's operational needs, ensuring that shareholder interests, especially those of minority shareholders, are not compromised [9][10] - The adjustments are expected to enhance the company's market position and profitability [9][11] Review and Decision-Making Process - The board of directors approved the adjustments on July 30, 2025, and the matter will be submitted for shareholder meeting approval [10][11] - The supervisory board supports the adjustments, affirming compliance with relevant regulations and the company's articles of association [10][11]