HG Technologies (SZ:300847) Zheng Quan Zhi Xing·2025-08-13 16:23Core Viewpoint - The report provides an overview of the fundraising activities and the management of raised funds by China Shipbuilding Han Guang Technology Co., Ltd. for the first half of 2025, detailing the total amount raised, usage, and remaining balance of the funds [1][2]. Fundraising Overview - The total amount raised through the initial public offering (IPO) was RMB 342,419,600, with a net amount of RMB 303,362,364 after deducting issuance costs of RMB 39,057,235.84 [1]. - As of June 30, 2025, the cumulative amount used from the raised funds was RMB 132,444,879.88, with RMB 132,376,879.88 used in previous years and RMB 68,000 used in the current year [2]. Fund Usage and Balance - The company received a total of RMB 14,673,929.07 in interest income from the special account for raised funds, resulting in a remaining balance of RMB 185,591,413.35 as of the report date [2]. - The balance in the special account for raised funds was RMB 10,591,413.35, while RMB 175,000,000 was allocated for cash management [2]. Fund Management Practices - The company has established a special account for the management and storage of raised funds to protect investor interests, in compliance with relevant laws and regulations [2][3]. - A tripartite supervision agreement was signed with banks to ensure proper management of the raised funds [3]. Cash Management - The company utilized idle raised funds for cash management, with a total of RMB 175,000,000 invested in various financial products, including large deposits with interest rates ranging from 1.35% to 1.65% [4][6]. - The actual income from cash management products during the reporting period was RMB 300,000 [6]. Project Status and Adjustments - No changes were made to the fundraising project investment purposes, and the company has not transferred or replaced any funds [5]. - The company has postponed the expected operational status dates for several projects, including the "Laser Organic Photoconductor Drum Project" and "Color Toner Project," to December 31, 2025 [5][6].