TC(SH:603085) Shang Hai Zheng Quan Bao·2025-08-25 20:50Core Viewpoint - The company has approved the conclusion of its fundraising projects from the 2019 private placement and plans to permanently supplement its working capital with the remaining funds of 47.14 million RMB [28][32][34]. Group 1: Company Overview - Zhejiang Tiancheng Self-Control Co., Ltd. is involved in the management and use of raised funds, ensuring compliance with relevant regulations [21][22]. - The company has established a dedicated account for managing the raised funds, ensuring proper oversight and usage [23][30]. Group 2: Financial Data - The total amount raised from the 2019 private placement was approximately 500 million RMB, with a net amount of about 486.57 million RMB after deducting fees [28][29]. - The company plans to use the remaining funds of 47.14 million RMB to enhance its liquidity and support daily operations [28][32]. Group 3: Board and Supervisory Meetings - The company's board of directors and supervisory board held meetings on August 25, 2025, to review and approve the half-year report and the proposal regarding the use of remaining funds [4][15][34]. - All board members and supervisors were present at the meetings, ensuring a valid decision-making process [3][14]. Group 4: Fund Usage and Management - The company has adhered to regulations regarding the management of raised funds, implementing a dedicated storage system for these funds [22][23]. - There were no significant issues reported regarding the use and disclosure of the raised funds during the reporting period [24][25].