Summary of Key Points Core Viewpoint The report outlines the fundraising activities and management of Shanghai Yachuang Electronics Group Co., Ltd. as of June 30, 2025, detailing the amounts raised, their usage, and the management protocols in place to ensure compliance with regulatory requirements. Group 1: Fundraising Overview - The company raised a total of RMB 439.8 million from its initial public offering (IPO) and RMB 363 million from the issuance of convertible bonds, with net proceeds of RMB 383.81 million and RMB 353.87 million respectively after deducting issuance costs [2][3][4]. - The funds raised from the IPO were verified by Ernst & Young Huaming Accounting Firm on November 15, 2021, and the funds from the convertible bonds were verified on October 26, 2023 [2][3]. Group 2: Fund Usage and Balance - As of June 30, 2025, the total amount used from the IPO funds was RMB 314.26 million, while RMB 115.56 million was used from the convertible bond funds [9][19]. - The remaining balance in the special accounts for the IPO funds was RMB 79,635.28, and for the convertible bonds, it was RMB 18,709,637.59 [7][8]. Group 3: Fund Management Protocols - The company established special accounts for fundraising management and signed tripartite supervision agreements with banks and sponsors to ensure proper fund storage and usage [5][6]. - The company has implemented a management method for fundraising to protect the rights of small investors, complying with relevant regulations [5][8]. Group 4: Project Updates - The "Automotive Electronics Research Institute Construction Project" has been relocated to a new site, with construction expected to be completed by December 2025 [9][16]. - The "Yachuang Automotive Electronics Headquarters Base Project" has officially commenced construction and is progressing according to the planned schedule [16]. Group 5: Financial Management - The company has utilized idle fundraising temporarily to supplement working capital, with a total of RMB 290 million used for this purpose as of June 30, 2025 [11][12]. - The company has also engaged in cash management using idle funds, ensuring that these activities do not affect the ongoing projects [12][13].
雅创电子: 关于2025年半年度募集资金存放、管理与使用情况的专项报告