GUOXIN MICRO(SZ:002049) Zheng Quan Zhi Xing·2025-08-21 05:39Core Viewpoint - The report details a special on-site inspection conducted by Bohai Securities on Unisoc Microelectronics Co., Ltd. regarding the improper use of raised funds for project expenditures without following necessary review procedures and disclosure obligations [1][2]. Group 1: Inspection Overview - Bohai Securities, as the sponsor for Unisoc's convertible bond issuance, conducted the inspection following a warning letter from the Hebei Securities Regulatory Bureau due to the company's failure to adhere to regulatory requirements [1][2]. - The company had initially planned to invest a total of 10.5 billion yuan in various projects but later revised this amount to 7.5 billion yuan, reallocating funds to specific projects [1]. Group 2: Fund Usage and Violations - The company utilized raised funds to reimburse its own expenditures on project costs, including equipment and materials, without proper review and disclosure [2][3]. - The company received a warning letter from the Hebei Securities Regulatory Bureau on July 30, 2025, for these violations, which were recorded in the securities market integrity archive [2]. Group 3: Inspection Findings and Remedial Actions - The inspection revealed that the company did not follow the required review procedures and disclosure obligations for the use of raised funds [3]. - In response, the company has committed to improving the accuracy of its information disclosures and has taken steps to ensure compliance with relevant regulations [3][4]. Group 4: Future Plans - Bohai Securities plans to enhance its oversight of the company's use of raised funds and ensure adherence to regulatory requirements moving forward [4].