Core Viewpoint - The company has approved the use of raised funds to increase capital and provide loans to its wholly-owned subsidiary, Qidong Jiyuan, for the implementation of fundraising investment projects [1][7]. Fundraising Overview - The company raised a total of RMB 54,410.88 million from the public offering of 50.01 million shares at a price of RMB 10.88 per share, with a net amount of RMB 47,981.82 million after deducting issuance costs of RMB 6,429.06 million [1][2]. Fundraising Investment Projects - The funds will be allocated to the following projects: - Jiyuan Group Nutrition Health Raw Material Production Base Construction Project - Qidong Jiyuan Nutrition Health Food Production Line Expansion Project - The total investment for these projects is RMB 60,272.93 million, with the adjusted amount for fundraising being RMB 47,981.82 million [3][2]. Capital Increase or Loan Details - The company plans to use RMB 14,730.50 million and RMB 9,913.75 million for capital increase or loans to Qidong Jiyuan, which will be used exclusively for the aforementioned projects [3][7]. - The loan terms will be based on the actual needs of the projects, with repayment options available [3][6]. Subsidiary Information - Qidong Jiyuan is a wholly-owned subsidiary of the company, with a registered capital of RMB 21,264.774 million and a business scope that includes health food production and sales [4][5]. Financial Performance of Subsidiary - Recent financial data for Qidong Jiyuan shows: - Total assets: RMB 34,498.41 million (audited), RMB 35,114.03 million (unaudited) - Total liabilities: RMB 5,637.25 million (audited), RMB 5,445.63 million (unaudited) - Net assets: RMB 28,861.16 million (audited), RMB 29,668.41 million (unaudited) - Revenue: RMB 24,033.00 million (audited), RMB 5,883.90 million (unaudited) - Net profit: RMB 3,277.50 million (audited), RMB 807.24 million (unaudited) [6]. Impact on the Company - The use of raised funds for the subsidiary is aligned with the company's long-term planning and development strategy, ensuring the smooth implementation of the fundraising investment projects [5][7]. - The company maintains control over the subsidiary's operations during the loan period, which mitigates financial risks [5][6]. Fund Management - The raised funds will be managed in a dedicated account, with a four-party supervision agreement established to ensure compliance with relevant regulations and proper use of funds [6][7]. Review Procedures - The board of directors and the supervisory board have approved the use of funds for the capital increase or loans, confirming adherence to necessary approval processes and regulations [7][8].
技源集团: 关于使用募集资金向全资子公司增资及提供借款以实施募投项目的公告