QIFAN(SH:605222) Shang Hai Zheng Quan Bao·2025-08-27 19:09Core Viewpoint - The company has released its 2025 semi-annual report, ensuring that the content is true, accurate, and complete, reflecting its actual situation without any false records or significant omissions [1][5][27]. Group 1: Company Overview - The company is Shanghai Qifan Cable Co., Ltd., with stock code 605222 and bond code 111000 [1][3]. - The board of directors and senior management guarantee the authenticity and completeness of the semi-annual report [1][3]. Group 2: Financial Data - The company raised a total of RMB 1 billion through the issuance of convertible bonds, with a net amount of RMB 989.05 million after deducting issuance costs [13]. - As of June 30, 2025, the company has RMB 45.26 million of unutilized raised funds, including bank interest [14]. Group 3: Fund Management - The company has established a management system for raised funds to ensure effective supervision and management [15]. - The company has signed tripartite and quadripartite agreements for the storage of raised funds, ensuring compliance with regulations [15]. Group 4: Asset Impairment - The company has proposed to recognize credit and asset impairment losses totaling RMB 21.04 million, which accounts for 15.53% of the most recent audited net profit [22][27]. - The credit impairment loss recognized for accounts receivable and other receivables amounts to RMB 17.99 million [24]. Group 5: Investor Communication - The company will hold a semi-annual performance briefing on September 2, 2025, to enhance communication with investors [32][35]. - Investors can submit questions via email before the briefing, and the company will address common concerns during the session [33][36].