WBTL(SH:603596) Zheng Quan Zhi Xing·2025-08-29 16:40Core Viewpoint - Wuhu Berteli Automotive Safety Systems Co., Ltd. plans to use its own funds to lend to Wuhu Berteli Mexico Co., Ltd. for the payment of a project, which will later be replaced with raised funds to ensure project operation and fund security [1][5]. Fundraising Basic Situation - The company has issued 28,020,000 convertible bonds with a total fundraising amount of RMB 2,802,000,000, with a net amount of RMB 2,789,650,905 after deducting issuance costs [1][2]. Fundraising Investment Project Situation - The raised funds will be used for various projects, including the "720 million lightweight components and 200 million brake calipers project" in Mexico, with a total investment of USD 16.5 million [5][6]. Reason for Using Own Funds - The use of self-funds is necessary due to the nature of the project involving overseas construction and procurement, which requires payments in multiple currencies that cannot be directly handled by domestic fundraising accounts [5][6]. Specific Operation Process - The process involves the approval of payment requests, signing contracts, and ensuring that the funds used will be replaced with raised funds in a timely manner, with oversight from the company and sponsor institutions [6][7]. Impact on the Company - The operation of using self-funds for project payments does not affect the normal implementation of investment plans and does not change the direction of raised funds or harm shareholder interests [6][7]. Special Opinions - The supervisory board and sponsor institution have both agreed that the use of self-funds for project payments is necessary and does not harm the company's or shareholders' interests [7][8].