Workflow
浙江泰坦股份有限公司 关于2025年半年度募集资金存放 与使用情况的专项报告

Core Viewpoint - Zhejiang Titan Co., Ltd. has disclosed its fundraising management and usage report for the first half of 2025, detailing the amounts raised, their allocation, and the management protocols in place to ensure compliance with regulatory requirements [1][2][3]. Fundraising Overview - The company raised a total of RMB 308.88 million from its initial public offering (IPO) by issuing 54 million shares at RMB 5.72 per share, with a net amount of RMB 252.77 million after deducting issuance costs [1]. - In addition, the company issued 2,955,000 convertible bonds at a total amount of RMB 295.5 million, resulting in a net amount of RMB 289.96 million after costs [2]. Fund Management and Storage - The company has established a fundraising management system in compliance with regulatory guidelines to protect investors' rights, ensuring that funds are stored in dedicated accounts [3][4]. - The company signed tripartite supervision agreements with banks and sponsors to manage the funds from both the IPO and the convertible bond issuance [5][6]. Actual Fund Usage - As of June 30, 2025, the company reported no changes in the implementation location or method for its fundraising projects, and there were no instances of using idle funds for temporary liquidity [9][10][12]. - The company adjusted the investment amount for the "Intelligent Spinning Machine Equipment Manufacturing Base Construction Project" from RMB 35.48 million to RMB 19.46 million, with surplus funds of RMB 17.40 million being permanently allocated to working capital [15][17]. Fund Storage Status - The company reported that as of June 30, 2025, the funds from the IPO and the convertible bonds were stored in dedicated accounts, with some accounts being closed and funds reallocated to working capital [21]. Other Fund Usage Situations - The company has not engaged in any over-raised fund usage, and all remaining funds are stored in dedicated accounts as of June 30, 2025 [16].