RAYITEK(SH:688323) Zheng Quan Zhi Xing·2025-08-22 16:24Group 1 - The core viewpoint of the article is that Guosen Securities has conducted a review and approved Shenzhen Ruihua Tai Film Technology Co., Ltd. to continue using part of the raised funds to provide loans to its wholly-owned subsidiary, Jiaxing Ruihua Tai Film Technology Co., Ltd., for the implementation of fundraising projects [1][7][8] Group 2 - The total amount of convertible bonds issued by the company is 4.3 million units, with a face value of RMB 100 each, raising a total of RMB 43 million [1] - The funds raised will be allocated to the following projects: Jiaxing High-Performance Polyimide Film Project (RMB 33 million) and supplementing working capital and repaying bank loans (RMB 9.26 million) [2][3] - The company plans to provide a loan of up to RMB 33 million to Jiaxing Ruihua Tai, specifically for the Jiaxing High-Performance Polyimide Film Project, with a loan term of 3 years [3][4] Group 3 - The previous loan from raised funds has been nearly fully utilized, and the project is currently in the capacity ramp-up phase, with production efficiency gradually improving [4] - The financial data for Jiaxing Ruihua Tai shows total assets of RMB 173.84 million and a net loss of RMB 2.38 million for the first half of 2025 [5][6] - The company has established a special account for the raised funds and signed a supervision agreement with the sponsor and the bank [6][7] Group 4 - The board of directors approved the proposal to continue using part of the raised funds for the loan on August 21, 2025, ensuring compliance with relevant regulations [7][8] - The sponsor has confirmed that the use of funds aligns with the original fundraising plan and does not harm the interests of the company and its shareholders [8]