KDXC(SZ:002669) Zheng Quan Zhi Xing·2025-08-26 16:40Summary of Key Points Core Viewpoint The report outlines the fundraising activities and usage of proceeds by Kangda New Materials (Group) Co., Ltd., detailing the total amount raised, the allocation of funds, and compliance with regulatory requirements. Group 1: Fundraising Overview - The company raised a total of RMB 699,999,987.96 through a non-public issuance of 52,910,052 shares at a price of RMB 13.23 per share, resulting in a net amount of RMB 691,249,988.10 after deducting issuance costs [1]. - The funds were verified by Rongcheng Accounting Firm, confirming their availability and proper allocation [2]. Group 2: Fund Usage - As of December 31, 2024, the company had utilized RMB 648,749,800 for specific projects, with RMB 184,156.70 allocated during the current reporting period [2][3]. - The remaining balance as of June 30, 2025, was RMB 49,354,200, with RMB 45,000,000 temporarily used to supplement working capital [3][10]. Group 3: Fund Management - The company has established dedicated bank accounts for the management of raised funds, ensuring compliance with regulations and proper usage [4]. - A four-party supervision agreement was signed with banks and the underwriting institution to ensure strict management of the funds [4]. Group 4: Project Adjustments - The company adjusted the use of RMB 11,628,000 of the raised funds to acquire a stake in Dalian Qihua New Materials Co., Ltd., enhancing its upstream supply chain in epoxy products [5][6]. - This strategic move aims to leverage the company's advantages in technology and market presence, particularly in the wind power sector [6]. Group 5: Compliance and Reporting - The company has adhered to all relevant regulations regarding the disclosure and management of raised funds, with no violations reported [12]. - The report includes detailed tables outlining the usage and changes in the investment projects funded by the raised capital [7][10].