Taihe(SH:605081) Zheng Quan Ri Bao·2025-08-27 23:49Fundraising Overview - The company raised a total of RMB 845.65 million from its initial public offering, with a net amount of RMB 778.11 million after deducting underwriting and other related fees [1][2] - As of June 30, 2025, the company had a remaining balance of RMB 83.02 million in its fundraising account, which includes interest income [2][3] Fund Management - The company has established a fundraising management system to ensure compliance with regulations and protect investor interests, including a tripartite supervision agreement with banks [3][4] - The company has not used any of the raised funds for supplementing working capital or for cash management during the reporting period [7][8] Fund Utilization - The company has utilized RMB 133.24 million of the raised funds to replace self-raised funds previously invested in fundraising projects [6] - The company has not used any surplus funds for ongoing or new projects during the reporting period [10][11] Legal Matters - The company is involved in several lawsuits with a cumulative amount of RMB 220.62 million, which represents 22.69% of its latest audited net assets [23][24] - Key cases include disputes over project payments and a stock acquisition agreement, with ongoing legal proceedings [25][26][27] Board Changes - The company has appointed a new non-independent director, Sun Wei, and a new board secretary, He Yufei, following the resignation of a previous director [35][37] Shareholder Meeting - The company will hold its fourth extraordinary general meeting on September 12, 2025, to discuss various resolutions, including the appointment of new board members [54][56]