TYN(SZ:000591) Zheng Quan Zhi Xing·2025-08-27 10:16Core Viewpoint - The company has approved the temporary use of idle funds from its convertible bond issuance to supplement working capital, not exceeding 500 million RMB, for a period of 12 months, ensuring that this does not affect the normal implementation of investment projects [1][6][9]. Summary by Sections Convertible Bond Fundraising Overview - The company issued 29.5 million convertible bonds at a price of 100 RMB each, raising a total of 2.95 billion RMB, with a net amount of approximately 2.947 billion RMB after deducting issuance costs [1][3]. Fund Storage and Usage - The raised funds are stored in a dedicated account, and as of June 30, 2025, the company has invested a total of 2.2916242 billion RMB in various projects, with 2.1207785 billion RMB used to replace pre-invested funds and 170.8457 million RMB directly invested after the funds were raised [3][5]. Temporary Working Capital Supplement - The company plans to use up to 500 million RMB of idle funds temporarily to support its main business operations, with the aim of improving fund efficiency and reducing financial costs, while ensuring that investment projects are not affected [5][6][9]. Regulatory Compliance - The company has signed a tripartite supervision agreement with its underwriter and banks to ensure compliance with regulations regarding the management and use of raised funds [2][8]. Monitoring and Oversight - The supervisory board and underwriter have reviewed and approved the use of idle funds, confirming that the process adheres to relevant regulations and does not harm shareholder interests [9][10].