V-Test(SH:688372) Shang Hai Zheng Quan Bao·2025-08-20 19:48Group 1 - The company has issued convertible bonds amounting to RMB 117,500 million, with a net amount of RMB 116,298.33 million after deducting issuance costs [4][15]. - The funds raised have been fully deposited into a special account established for this purpose, and the company has signed tripartite supervision agreements with relevant parties [5][6]. - As of June 30, 2025, the balance in the special account includes RMB 10,000 million in unexpired financial products [5][6]. Group 2 - The company has not experienced any significant changes in its operational situation during the reporting period [13]. - There have been no abnormal situations regarding the investment projects funded by the raised capital [7]. - The company has not used idle raised funds to temporarily supplement working capital during the first half of 2025 [9][10]. Group 3 - The company has approved the use of RMB 77,606.10 million of the raised funds to replace self-raised funds previously invested in projects and to cover issuance costs [8]. - The company has also approved the use of up to RMB 400 million of idle raised funds for cash management, with a balance of RMB 100 million utilized for this purpose as of June 30, 2025 [9][10]. - There are no instances of using excess raised funds for new projects or to repay bank loans during the reporting period [10][11]. Group 4 - The company has decided to cancel its supervisory board, transferring its responsibilities to the audit committee of the board of directors [24][45]. - The registered capital of the company has increased from RMB 113,834,777 to RMB 148,943,529 due to the completion of stock incentive plans and capital increases [25][48]. - The company has revised its articles of association to align with new regulatory requirements and improve corporate governance [49][50].