Summary of Key Points Core Viewpoint - The company has decided to postpone the expected operational readiness date for part of its fundraising investment projects, specifically the "Chongqing Ruide Sida Optoelectronic Materials Project," from August 2025 to February 2026, based on prudent principles and current project progress [1][4]. Group 1: Fundraising Overview - The company issued 47,894,302 A-shares, raising a total of approximately 580 million RMB, with a net amount of about 568 million RMB after deducting issuance costs [1]. - The funds raised are intended for specific investment projects, including the acquisition of a 75% stake in Qingdao Hongdie New Materials Co., Ltd., and the pure manganese sulfate project [2]. Group 2: Project Delay Details - The delay in the "Chongqing Ruide Sida Optoelectronic Materials Project" is due to the need for additional time for equipment installation and debugging, as well as the completion of some ancillary works [3][4]. - The project has completed its main construction, but certain payments related to the project are pending due to contractual agreements [4]. Group 3: Impact and Compliance - The postponement of the project does not alter the project’s implementation entity, the intended use of the raised funds, or the investment scale, ensuring compliance with relevant regulations [4][5]. - The company has taken measures to ensure that the project will be completed on schedule despite the delay, including close monitoring of market changes and resource allocation [4].
红星发展: 中泰证券股份有限公司关于贵州红星发展股份有限公司部分募集资金投资项目延期事项的核查意见