Zheng Quan Zhi Xing·2025-08-22 11:14Fundraising Overview - The company raised a net amount of RMB 810,756,564.92 through a non-public issuance of 143,189,655 shares at a price of RMB 5.66 per share [1] - As of June 30, 2025, the company has utilized RMB 638,343,936.30 of the raised funds, with RMB 35,946,005.87 used in the current reporting period [1][2] Fund Management - The company has established a fundraising management system in compliance with regulations from the China Securities Regulatory Commission and the Shanghai Stock Exchange [1] - The company signed tripartite and quadripartite agreements with its sponsor and banks to ensure proper management of the raised funds [1] Changes in Fund Usage - The company has changed the use of part of the raised funds, reallocating RMB 103,000,000.00 to the Karamay South Suburb Wastewater Treatment Plant project [1][2] - An additional RMB 53,000,000.00 was redirected from the Tianjin Urban Reclaimed Water Pipeline project to the Chibi City Lushui Industrial Park Wastewater Treatment Plant project [1][2] Fund Storage Situation - As of June 30, 2025, the total balance of the raised funds in various bank accounts is RMB 174,460,378.73 [1] - The funds are stored in dedicated accounts at several banks, including China Construction Bank and Agricultural Bank of China [1] Project Implementation and Changes - The company has not changed the implementation locations or methods for its fundraising investment projects during the reporting period [1] - The company has approved the use of RMB 109,382,040.38 to replace self-raised funds previously invested in fundraising projects [2] Fund Usage Compliance - The company has confirmed that its fundraising usage disclosures align with actual usage, with no instances of non-compliance or misallocation of funds [2]