Shanghai Bloom Technology (SH:603325) Shang Hai Zheng Quan Bao·2025-08-28 09:18Core Viewpoint - The company has released its 2025 semi-annual report, ensuring the accuracy and completeness of the information presented, and confirming that there are no false statements or significant omissions [1][5][25]. Group 1: Company Overview - Shanghai Bolong Equipment Technology Co., Ltd. is the full name of the company, with the stock code 603325 and the abbreviation Bolong Technology [2][25]. - The company has confirmed that there have been no changes in the controlling shareholder or actual controller during the reporting period [2]. Group 2: Financial Data - The company raised a total of 1,207.91 million RMB through its initial public offering, with a net amount of 1,104.28 million RMB after deducting issuance costs [9]. - As of June 30, 2025, the company has invested 120.64 million RMB in fundraising projects this year, with a cumulative investment of 551.57 million RMB and a remaining balance of 567.62 million RMB [9][16]. Group 3: Fund Management - The company has established a fundraising management system to ensure the proper use and management of raised funds, adhering to relevant regulations [9]. - The company has signed a tripartite supervision agreement for the special account of raised funds with several banks, ensuring compliance with regulatory requirements [10]. Group 4: Fund Usage - The company has used 91.34 million RMB of raised funds to replace self-raised funds previously invested in fundraising projects [12]. - There were no instances of using idle raised funds to temporarily supplement working capital during the reporting period [13]. - The company has not used any over-raised funds for permanent working capital supplementation or loan repayment [17]. Group 5: Project Updates - The company has decided to postpone the "Intelligent Powder Material Handling System Expansion and Renovation Project" until January 2028 to ensure existing production capacity is not affected during construction [22].