Fundraising Overview - The company raised a total of RMB 849 million through its initial public offering, with a net amount of RMB 767.72 million after deducting issuance costs of RMB 81.28 million [1][2] - The funds were deposited into a special account for fundraising, and a tripartite supervision agreement was signed with the sponsor and the bank [1][2] Fund Utilization and Balance - As of June 30, 2025, the company utilized RMB 497.92 million of the raised funds, with the remaining balance being RMB 51.08 million in the special account and RMB 225 million in cash management [1][2][3] - The major projects funded include: - Stainless steel fastener expansion and technical transformation: RMB 80.61 million - Fastener product line expansion and supporting production line construction: RMB 8.56 million - Stainless steel fastener production and intelligent warehousing base construction: RMB 202.02 million - Working capital supplementation: RMB 206.72 million [1][2][3] Fund Management and Oversight - The company established a fundraising management system in compliance with relevant laws and regulations, ensuring strict approval procedures for fund usage [1][2] - Tripartite supervision agreements were signed with multiple banks to ensure proper management and usage of the funds [1][2] Cash Management of Idle Funds - The company approved the use of up to RMB 3 billion of temporarily idle funds for cash management, investing in low-risk, liquid financial products [3][4] - As of June 30, 2025, the company had invested RMB 22.5 million of idle funds in various financial products [5][6] Fund Replacement and Adjustments - The company replaced RMB 87.97 million of self-raised funds used for project investments and issuance costs with the raised funds [7][8] - There were no changes in the implementation locations or methods for the fundraising projects as of June 30, 2025 [7][8] Remaining Funds and Future Plans - As of June 30, 2025, the company had RMB 27.61 million of unutilized funds, with RMB 5.11 million in the special account and RMB 22.5 million in cash management [8][9] - The company plans to use the remaining funds for ongoing and future projects, ensuring compliance with the original fundraising objectives [8][9]
腾达科技: 2025年半年度募集资金存放与使用情况的专项报告