IRAY TECHNOLOGY(SH:688301) Zheng Quan Zhi Xing·2025-08-15 13:20Fundraising Overview - The company raised a total of RMB 2,176.72 million through its initial public offering, with a net amount confirmed by an audit report [1] - The company issued convertible bonds with a total face value of RMB 1,435.01 million, resulting in a net amount of RMB 1,421.31 million after deducting related fees [2] Fund Utilization and Balance - As of June 30, 2025, the company had a balance of RMB 256.29 million in its fundraising account, with actual interest income of RMB 1.45 million during the reporting period [2][3] - Cumulative interest income, net of fees, amounted to RMB 75.95 million, with RMB 3.77 million received from financial investments [2][3] Fund Management - The company has established a dedicated management system for fundraising, ensuring compliance with relevant regulations and maintaining a special account for fund storage [3][4] - A tripartite supervision agreement has been signed with banks and sponsors to oversee the management of the fundraising [4] Investment Projects - The company has not made any pre-investments or replacements for fundraising projects during the reporting period [5] - There were no instances of using idle funds to temporarily supplement working capital [5] Cash Management - The company approved the use of up to RMB 600 million of temporarily idle funds for cash management, focusing on low-risk financial products [5] - As of June 30, 2025, the balance of funds under cash management was RMB 0 million [5][6] Project Progress - The company reported that all fundraising projects are progressing as planned, with no changes in project funding usage [6] - Specific projects, such as the new detector and scintillator material industrialization, are on track according to the schedule [6]