IRAY TECHNOLOGY(SH:688301) Zheng Quan Zhi Xing·2025-08-15 13:20Core Viewpoint - The company has approved the use of its own funds to pay for fundraising investment projects and will subsequently replace these with the raised funds, ensuring compliance with regulatory requirements and optimizing fund usage efficiency [1][4][5]. Summary of Fundraising Situation - The company issued convertible bonds with a total face value of 1,435.01 million yuan, with a net amount raised of 1,421.31 million yuan after deducting related fees [1][2]. - The total investment amount for the projects is 2,514.61 million yuan, with 1,425.00 million yuan planned to be funded by the raised funds [2]. Reasons for Using Own Funds - The company needs to use its own funds initially due to regulatory requirements regarding salary payments and the management of fundraising accounts, which complicates direct payments from the fundraising account [3][4]. Operational Process for Fund Replacement - The company will pay with its own funds and then replace these with raised funds within six months, ensuring proper documentation and compliance with internal approval processes [3][4]. Impact on the Company - This approach is expected to enhance the efficiency of fund usage and project implementation without altering the intended use of the raised funds or harming shareholder interests [4][5]. Review Procedures - The board and supervisory committee have approved the proposal, and the company has followed necessary decision-making processes, not requiring shareholder meeting approval [4][5]. Opinions from Supervisory Committee and Sponsor - The supervisory committee supports the decision, stating it will improve fund efficiency and safeguard shareholder interests [5][6]. - The sponsor has confirmed that the process complies with relevant regulations and does not affect the normal implementation of fundraising projects [5][6].