Suli Co., Ltd.(SH:603585) Zheng Quan Zhi Xing·2025-08-26 09:21Summary of Key Points Core Viewpoint The announcement provides a detailed account of Jiangsu Suli Fine Chemical Co., Ltd.'s fundraising activities, including the amount raised, its usage, and the management of the funds, ensuring compliance with regulatory requirements. Fundraising Overview - The company raised a total of RMB 957.21 million through the issuance of convertible bonds, with a net amount of RMB 943.62 million after deducting issuance costs [1]. - The funds were deposited into a dedicated account approved by the board of directors and have been verified by an accounting firm [1]. Previous Year Fund Usage - As of December 31, 2024, the cumulative investment from the raised funds amounted to RMB 671.38 million, with RMB 131.69 million initially invested from the company's own funds [2]. - By June 30, 2025, the total investment from the raised funds reached RMB 779.63 million, with RMB 108.25 million used in the current year [2]. Fund Management and Storage - The company has established a management system for the raised funds in accordance with relevant laws and regulations to protect investor interests [4]. - Multiple dedicated accounts have been opened at various banks for the management of the raised funds, ensuring that the funds are used strictly for their intended purposes [5]. Cash Management of Idle Funds - The company has approved the use of idle raised funds for cash management, allowing for investment in low-risk financial products to enhance returns while ensuring that the investment plans are not affected [8]. - The company has received returns from cash management activities, with specific amounts detailed for each fiscal year [8]. Changes in Fund Usage - The company has proposed changes to the investment projects funded by the raised capital, increasing the production capacity of certain chemical products [9]. - The total planned investment for the revised projects is RMB 148.33 million, with the amount from raised funds remaining at RMB 94.36 million [9]. Compliance and Reporting - The company has adhered to regulatory requirements for the management and usage of raised funds, with no violations reported [9]. - Detailed reports on the usage of funds have been disclosed, ensuring transparency and accountability [9].