CICT Mobile (SH:688387) Zheng Quan Zhi Xing·2025-08-22 09:22Core Points - The report details the fundraising and usage status of CITIC Mobile Communication Technology Co., Ltd. for the first half of 2025, ensuring compliance with relevant regulations and transparency in financial reporting [1][4]. Fundraising Overview - The company raised a total of RMB 413,668.75 million from the issuance of 68,375,000 shares at a price of RMB 6.05 per share, with a net amount of RMB 401,132.53 million after deducting issuance costs [1][2]. - As of June 30, 2025, the total amount invested from the raised funds was RMB 328,740.90 million, leaving a balance of RMB 84,906.05 million [1][2]. Fund Usage and Management - The company has established a dedicated account for the management of raised funds, adhering to legal and regulatory requirements to enhance fund efficiency and protect investor interests [1][2]. - The report indicates that there were no instances of using idle funds for temporary working capital during the reporting period [2][5]. Cash Management - The company approved the use of up to RMB 180,000 million of idle funds for cash management, investing in low-risk financial products, with a balance of RMB 670 million in cash management as of June 30, 2025 [2][5]. - The cash management products include structured deposits and time deposits, ensuring high safety and liquidity [2][5]. Project Updates - The company extended the implementation period for several fundraising projects, including the "5G Wireless System Product Upgrade and Technology Evolution R&D Project," to December 31, 2026, without altering the intended use of funds [3][4]. - There were no changes in the fundraising project usage or any significant issues in the disclosure of fundraising activities during the reporting period [4][5].