Core Viewpoint - The company has approved the use of its own funds to pay for investment project expenses and will replace these with raised funds within six months, ensuring efficient fund management and compliance with regulations [1][6][7] Summary of Relevant Sections 1. Basic Situation of Raised Funds - The company raised a total of 650 million yuan, with a net amount of approximately 643.57 million yuan after expenses [1][2] - The funds will be managed in a dedicated account to ensure proper oversight and compliance [1] 2. Investment Projects - The raised funds will be allocated to specific projects, including the upgrade of smart emergency command products and key technology research for digital transformation [2] 3. Reasons for Using Own Funds - The company faces challenges in directly using raised funds for certain payments, such as salaries and social insurance, due to regulatory requirements [3][4] - Using own funds allows for smoother operations and compliance with banking regulations [4] 4. Process for Fund Replacement - The company will use its own funds for project expenses and will replace these with raised funds within six months, following a structured approval process [5][6] 5. Impact on the Company - This approach is expected to enhance fund efficiency, reduce financial costs, and improve overall operational management without affecting the normal implementation of investment projects [6][7] 6. Approval Procedures - The board and supervisory committee have approved the use of own funds and the subsequent replacement with raised funds, ensuring compliance with relevant regulations [6][7]
长江通信: 长江通信关于使用自有资金方式支付募投项目所需资金并以募集资金等额置换的公告