Namchow Food(SH:605339) Zheng Quan Zhi Xing·2025-08-11 16:26Fundraising Overview - The company raised a total of RMB 1,078,729,415.76 from the issuance of 63,529,412 shares at a price of RMB 16.98 per share, with a net amount of RMB 991,277,271.83 after deducting related fees [1][2] - As of June 30, 2025, the remaining balance of the raised funds is RMB 381,340,115.11, after using RMB 658,977,507.77 for investment projects [1][2] Fund Management - The company has established a fundraising management system in compliance with relevant regulations to ensure the proper use of funds [1][2] - A tripartite supervision agreement was signed with the underwriter and the bank to oversee the management of the raised funds [1][2] Fund Usage - The company has utilized RMB 658,977,507.77 of the raised funds for various projects, with no prior self-funded investments or temporary use of idle funds reported [2][3] - As of June 30, 2025, the company has invested RMB 298,800,000.00 of idle funds in seven-day notice deposits, with a focus on high-security, liquid financial products [2][3] Project Updates - The company has approved the extension of project completion dates for the expansion and technical transformation projects to June 2026 due to market demand adjustments and construction delays [4][5] - The cold chain storage system upgrade and customer service center projects have been completed and are operational, with surplus funds of RMB 6,376,524.60 allocated to the ongoing Chongqing production base project [4][5] Compliance and Reporting - The company has maintained timely and accurate disclosures regarding the use and management of raised funds, with no violations reported [4][5]