Jia Yuan Technology(SH:688388) Zheng Quan Zhi Xing·2025-08-25 16:23Core Points - The report details the fundraising activities and usage of funds by Guangdong Jiayuan Technology Co., Ltd, including the issuance of convertible bonds and A-shares, along with the management of raised funds [1][2][3] Fundraising Overview - The company raised a total of RMB 1,225.16 million from the issuance of 12.4 million convertible bonds, with net proceeds after expenses amounting to RMB 1,225.16 million [1] - Additionally, the company raised RMB 3,378.39 million from the issuance of 70,257,493 A-shares, with net proceeds of RMB 3,378.39 million after deducting issuance costs [1][2] Fund Usage and Balance - As of June 30, 2025, the company had used RMB 1,157.41 million of the raised funds, with a remaining balance of RMB 113.00 million, including interest income [1][3] - The company reported interest income from raised funds totaling RMB 22.80 million, with no income from financial products in the first half of 2025 [1][3] Fund Management - The company has established a fundraising management system to ensure compliance with relevant laws and regulations, enhancing the efficiency and effectiveness of fund usage [1][2] - The company has signed tripartite supervision agreements with various banks to manage the raised funds securely [2] Project Investment Status - The company has invested in several projects, including a high-performance copper foil project and a technology innovation center, with varying degrees of completion and effectiveness [4][5] - The company has adjusted the internal investment structure of certain projects, extending the expected completion date for some projects due to market conditions and operational challenges [5][7] Financial Management of Idle Funds - The company has utilized idle funds for cash management, investing in low-risk financial products, with a balance of RMB 230.56 million in the cash management account as of June 30, 2025 [6][7] - No idle funds were used to temporarily supplement working capital during the reporting period [6][7] Summary of Fund Usage - The total amount of funds raised and their usage is detailed in specific tables, showing the allocation and progress of various projects [4][5] - The company has not encountered significant issues regarding the use and disclosure of raised funds during the reporting period [5][8]