Zheng Quan Ri Bao·2025-08-25 23:40Summary of Key Points Core Viewpoint - The report details the fundraising activities and usage of funds by Hefei Urban Construction Development Co., Ltd. for the first half of 2025, highlighting the total amount raised, its allocation, and the management of these funds. Group 1: Fundraising Overview - The company raised a total of approximately RMB 984.99 million after deducting issuance costs of RMB 15 million from the gross amount of RMB 999.99 million [1] - The funds were raised through a non-public offering of 110,987,791 shares at a price of RMB 9.01 per share, with the funds received on July 15, 2020 [1] Group 2: Fund Usage and Balance - As of June 30, 2025, the company has utilized RMB 935.95 million of the raised funds, leaving a balance of RMB 49.05 million [2] - The net interest income from the special fund account, after deducting bank fees, amounted to RMB 18.60 million, resulting in a total balance of RMB 67.65 million in the special fund account as of June 30, 2025 [2] Group 3: Fund Management - The company has established a management system for the raised funds in compliance with relevant laws and regulations, ensuring dedicated storage and usage [3] - A four-party supervision agreement was signed with various financial institutions to oversee the management of the raised funds, ensuring compliance with regulatory standards [3][4][5][6] Group 4: Project Status - There have been no changes or transfers regarding the investment projects funded by the raised capital [8] - The company has adhered to all legal and regulatory requirements in the usage and disclosure of the raised funds, with no violations reported [9]