Changjiang Securities(SZ:000783) Zheng Quan Zhi Xing·2025-08-15 08:18Summary of Key Points Core Viewpoint - The company, Hebei Keli Automotive Equipment Co., Ltd., is utilizing part of the excess raised funds to permanently supplement its working capital, which has been approved by its board and supervisory committee, and is in compliance with relevant regulations [1][3][5]. Group 1: Fundraising Overview - The company successfully raised a total of RMB 510 million by issuing 17 million shares at a price of RMB 30 per share, with a net amount of RMB 458.57 million after deducting issuance costs of RMB 51.43 million [1][2]. - The total investment amount for the projects funded by the raised capital is RMB 340.84 million, leaving an excess of RMB 117.73 million after accounting for the project funding needs [2][3]. Group 2: Use of Excess Funds - The company plans to use RMB 35 million of the excess funds, which constitutes 29.73% of the total excess funds, to permanently supplement its working capital [3][4]. - As of June 30, 2025, the company has utilized RMB 35 million of the excess funds, leaving a balance of RMB 83.74 million, including interest income and cash management returns [3][5]. Group 3: Justification and Compliance - The decision to use excess funds for working capital is aimed at meeting the company's liquidity needs, improving fund utilization efficiency, reducing financial costs, and enhancing profitability, all while safeguarding the interests of the company and its shareholders [3][5]. - The company has committed to ensuring that the amount used for working capital does not exceed 30% of the total excess funds within any 12-month period and will not affect the implementation of the fundraising investment projects [5][6].