IRAY TECHNOLOGY(SH:688301) Zheng Quan Zhi Xing·2025-08-15 13:20Core Viewpoint - The company intends to use its own funds to pay for investment projects and subsequently replace these funds with the raised capital, ensuring compliance with regulatory requirements and optimizing fund usage efficiency [1][6][7] Fundraising Overview - The company raised a total of RMB 1,435.01 million through the issuance of convertible bonds, with a net amount of RMB 1,421.31 million after deducting issuance costs [1] - The funds have been fully received and verified by an accounting firm [1] Investment Project Details - The raised funds are allocated to specific projects, including the industrialization of new detectors and scintillator materials, with a total investment of RMB 2,514.61 million [3] - As of the latest report, 87.55% of the total investment has been completed using the raised funds [3] Reasons for Using Own Funds - The company has opted to use its own funds for initial payments due to regulatory requirements regarding salary payments and the need for efficient fund management [4][5] - This approach allows for better compliance with banking regulations and simplifies the management of project-related expenses [4] Operational Process for Fund Replacement - The company will replace the funds used from its own account with the raised funds within six months, ensuring proper documentation and compliance with regulatory oversight [5] Impact on the Company - The decision to use own funds for project payments is expected to enhance the efficiency of fund usage and project implementation without altering the intended use of the raised funds [6] - The company has confirmed that this action does not harm the interests of shareholders, particularly minority shareholders [6] Approval Process - The board of directors and the supervisory board have reviewed and approved the proposal to use own funds for project payments, confirming adherence to necessary decision-making procedures [6][7]