Evergreen Technology(SH:603125) Shang Hai Zheng Quan Bao·2025-08-28 23:25Core Viewpoint - Jiangsu Changqing Tree New Materials Technology Co., Ltd. reported its fundraising and usage situation for the first half of 2025, highlighting the total amount raised and the allocation of funds for various projects [2][3][4]. Group 1: Fundraising Overview - The company raised a total of RMB 125,067.72 million by issuing 48.14 million shares at a price of RMB 25.98 per share, with a net amount of RMB 113,222.81 million after deducting various fees [2][3]. - The funds were deposited into a dedicated account managed by the main underwriter, Everbright Securities Co., Ltd., on April 3, 2023 [2][3]. Group 2: Fund Usage and Balance - As of June 30, 2025, the company utilized RMB 16,437.49 million of the raised funds for investment projects, with a cumulative usage of RMB 54,705.11 million [3][4]. - The remaining balance of the raised funds was RMB 38,021.13 million, which includes bank interest and investment income [3][4]. Group 3: Fund Management - The company established a management system for the raised funds, ensuring they are stored in dedicated accounts and used in compliance with relevant regulations [4][5]. - A tripartite supervision agreement was signed with the underwriter and banks to ensure proper management of the funds [5]. Group 4: Adjustments to Fund Projects - In 2024, the company adjusted its fundraising investment projects, reducing the investment in certain facilities while increasing it in others, resulting in a net reduction of approximately RMB 3,000 million [14][15]. - The adjustments were made based on market conditions and operational needs, without changing the project name or implementation details [15]. Group 5: Operational Data - The company reported its main operational data for the first half of 2025, including production and sales figures, which reflect the company's performance in the new materials sector [25][26]. - The company noted that the sales volume exceeded production volume due to the purchase of finished products, specifically high polymer new material special monomers [25][26].