SONGFA(SH:603268) Zheng Quan Zhi Xing·2025-08-12 11:14Core Viewpoint - The company has announced an adjustment to the amount of funds to be invested in its fundraising projects due to the actual net amount raised being lower than initially planned, ensuring efficient use of funds while maintaining the original purpose of the fundraising [1][2]. Fundraising Basic Situation - The company issued 109,080,992 shares at a price of RMB 36.67 per share, raising a total of approximately RMB 3.999 billion, after deducting issuance costs [1]. - A special account has been established for the management and use of the raised funds, ensuring that the funds are stored and used specifically for their intended purpose [2]. Adjustment of Fundraising Investment Project Amount - The total investment amount for the fundraising projects was adjusted from RMB 874,345.74 million to RMB 400,000.00 million, with the adjusted amount being RMB 393,204.74 million [2]. - The adjustment is based on the actual net amount raised and the company's operational needs, without changing the intended use of the funds [2]. Impact of Adjustment on the Company - The adjustment will not have a substantial negative impact on the normal use of the raised funds and aligns with the company's future development strategy and the interests of all shareholders [2][3]. Review Procedures and Opinions - The adjustment was approved during the meetings of the company's board of directors and supervisory board held on August 12, 2025, and was reviewed by the development strategy committee and audit committee prior to board approval [3]. - The supervisory board and independent financial advisor both confirmed that the adjustment complies with relevant regulations and does not harm the interests of the company or its shareholders [4].