Core Viewpoint - The report details the fundraising activities and management of Hubei Ping An Electric Technology Co., Ltd., highlighting the total amount raised, the net proceeds, and the usage of the funds, ensuring compliance with regulatory requirements [1][20]. Fundraising Overview - The company raised a total of RMB 806.55 million by issuing 46.38 million shares at a price of RMB 17.39 per share, with net proceeds amounting to RMB 727.55 million after deducting issuance costs of RMB 79.00 million [1][10]. - The funds were verified by Tianjian Accounting Firm, which issued a verification report confirming the amount raised [1]. Fund Usage and Management - The company has established a management system for the raised funds, including dedicated bank accounts and tripartite supervision agreements with various banks and the sponsor [4]. - As of June 30, 2025, the company had utilized the raised funds for various projects, with no abnormal situations reported in the investment projects [5][20]. Fund Storage and Cash Management - The company has implemented a cash management strategy for temporarily idle funds, allowing up to RMB 450 million for investment in low-risk, liquid financial products [5][6]. - As of June 30, 2025, the balance of idle funds under cash management was RMB 350 million [5]. Project Investment and Adjustments - The company pre-invested RMB 74.91 million in projects before the funds were received, with specific amounts allocated to the Wuhan and Tongcheng production base projects [6]. - The timeline for the completion of several projects has been extended to December 2026 due to strategic adjustments and market conditions [8][9]. Board Decisions and Compliance - The board of directors approved the half-year report and the special report on the management and usage of raised funds, confirming that all disclosures were accurate and complete [19][20].
湖北平安电工科技股份公司 2025年半年度募集资金存放、 管理与使用情况的专项报告