Tianyong(SH:603895) Shang Hai Zheng Quan Bao·2025-08-28 08:50Group 1 - The company reported a total fundraising amount of RMB 353.77 million from its initial public offering, with a net amount of RMB 321.94 million after deducting issuance costs [2][3] - As of June 30, 2025, the company has invested RMB 178.92 million in fundraising projects, with a remaining balance of RMB 10.25 million [3][4] - The company has established dedicated accounts for fundraising management, ensuring compliance with regulations and proper usage of funds [4][5] Group 2 - The company has received a bid notification for the 4G9 production line upgrade project from Harbin Dong'an Engine Manufacturing Co., Ltd., with a bid amount of RMB 39.5 million [35][36] - The project is expected to positively impact the company's operating performance upon signing the formal contract [39] - The company has confirmed that there are no related party relationships with the bidding party [38] Group 3 - The company has faced regulatory warnings regarding the timely and accurate disclosure of fundraising project information [32] - The company has committed to adhering to the requirements set by the China Securities Regulatory Commission and the Shanghai Stock Exchange regarding fundraising management and usage [32] - The company has not used any over-raised funds for permanent working capital or loan repayment [22][23]