Chengdu JOUAV(SH:688070) Zheng Quan Zhi Xing·2025-08-21 16:47Fundraising Overview - The company raised a total of RMB 507.204 million through its initial public offering, with a net amount of RMB 446.0052 million after deducting issuance costs [1] - As of June 30, 2025, the company has utilized RMB 370.913 million of the raised funds for various projects, including RMB 265.069 million for the Dapeng Drone Manufacturing Base Project and RMB 60.702 million for the R&D Center Construction Project [1][2] Fund Management - The company has established a fundraising management system to ensure the effective use of raised funds, which are stored in a special account approved by the board of directors [1][2] - A tripartite supervision agreement has been signed with the sponsor and the bank managing the funds to ensure compliance with regulations [1][2] Project Adjustments - The company approved adjustments to the internal investment structure of the R&D Center Construction Project, extending the implementation period and adding Chengdu Zongheng Yunlong Drone Technology Co., Ltd. as an implementation entity [2][3] - The company will provide interest-free loans to its wholly-owned subsidiaries to support the implementation of fundraising projects [1][2] Cash Management - The company has approved the temporary use of idle raised funds, not exceeding RMB 50 million, to supplement working capital for business expansion and daily operations [3] - The company has also approved the use of idle funds for cash management, allowing investments in safe and liquid financial products up to RMB 32 million [3][4]