MZT(SH:688355) Zheng Quan Zhi Xing·2025-08-29 11:44Core Viewpoint - The report details the fundraising activities and the usage of raised funds by Suzhou Mingzhi Technology Co., Ltd. as of June 30, 2025, highlighting the total amount raised, the allocation of funds, and the management practices in place to ensure compliance with regulations [1][2][4]. Fundraising Overview - The company raised a total of RMB 543,090,500.00 through the issuance of 30.77 million shares at a price of RMB 17.65 per share, with a net amount of RMB 489,365,155.48 after deducting fees [1][2]. - All raised funds have been deposited into a special account approved by the board, and a tripartite supervision agreement has been signed with the sponsor and the bank [2]. Fund Usage and Balance - As of June 30, 2025, the company utilized RMB 1,351,374.49 in the current year and a cumulative total of RMB 375,596,072.08 from the raised funds [2][5]. - The company earned RMB 279,043.43 from idle funds in the current year, with a cumulative earning of RMB 32,555,536.76 [2][5]. - The remaining balance of the raised funds as of June 30, 2025, is zero, indicating that all funds have been allocated or utilized [2][5]. Fund Management Practices - The company has established a fundraising management system in compliance with relevant laws and regulations to ensure proper management and usage of the funds [2][4]. - A tripartite supervision agreement is in place to protect investor interests and ensure the proper storage of funds in designated accounts [2][4]. Project Completion and Fund Allocation - All fundraising projects have been completed as of June 30, 2025, with no idle funds requiring cash management [5][6]. - The company has permanently supplemented its working capital with surplus funds from completed projects, totaling RMB 51,155,155.92 [2][5][6]. Changes in Fund Usage - There have been no changes in the fundraising investment projects as of June 30, 2025, and no funds have been transferred or replaced [6][7].