Core Viewpoint - The company, Qu Cheng Silicon Chemical Co., Ltd., has released its 2025 semi-annual report, highlighting its financial performance and the management of raised funds, ensuring compliance with regulatory requirements [5][25]. Group 1: Company Overview - Qu Cheng Silicon Chemical Co., Ltd. is engaged in the production of silicon-based chemical products [4]. - The company has not experienced any changes in its controlling shareholder or actual controller during the reporting period [4]. Group 2: Financial Data - The total amount raised from the public offering was approximately RMB 700.60 million, with a net amount of RMB 624.72 million after deducting issuance costs [5][6]. - As of June 30, 2025, the cumulative use of raised funds amounted to RMB 662.39 million [6]. Group 3: Fund Management - The company has established a dedicated account for managing raised funds, in compliance with regulatory guidelines [8]. - The company has not used idle raised funds to temporarily supplement working capital [10]. Group 4: Fund Usage - The company has fully utilized the raised funds for its projects, including the "Annual Production of 70,000 Tons of Water Glass and 75,000 Tons of High-Dispersibility Silica for Green Tires" project [14]. - As of June 30, 2025, the remaining balance in the raised funds account was RMB 26.23 million, which is reserved for contract payments [14]. Group 5: Board Meeting and Resolutions - The fifth board meeting of the company approved the semi-annual report and the special report on the management and usage of raised funds [21][25]. - The board confirmed that the reports were prepared in accordance with relevant laws and regulations, ensuring their accuracy and completeness [22][25]. Group 6: Operational Data - In the second quarter of 2025, the average price of silica products increased by 0.89% compared to the previous quarter, while it decreased by 1.56% year-on-year [29]. - The procurement prices of key raw materials showed varied trends, with soda ash prices down by 2.98% quarter-on-quarter and down by 31.77% year-on-year [31].
确成硅化学股份有限公司2025年半年度报告摘要