Jiaze Renewables(SH:601619) Zheng Quan Zhi Xing·2025-08-29 17:03Core Points - The report provides an assurance on the use of funds raised by Jiaze New Energy Co., Ltd. from the issuance of convertible bonds, confirming that the funds have been used in accordance with regulations and accurately reported [1][2][3] - The total amount raised from the issuance of convertible bonds was RMB 1.3 billion, with a net amount of RMB 1.289 billion after deducting issuance costs [1][2] - As of June 30, 2025, all raised funds have been fully utilized, and the bank accounts associated with these funds have been closed [1][2] Fundraising and Storage - Jiaze New Energy received approval from the China Securities Regulatory Commission to issue convertible bonds totaling RMB 1.3 billion, with a maturity of six years [1] - The actual net amount raised after deducting issuance costs was RMB 1,289,482,075.47 [1] - The funds were deposited in accounts at Bank of China and Citic Bank, which have since been closed [1] Actual Use of Funds - The total amount of funds used was RMB 1.3 billion, matching the total amount raised [1][2] - There were no changes in the intended use of the funds, and all funds were allocated as originally planned [1][2] Investment Project Performance - The report details the performance of investment projects funded by the raised capital, including the San Dao Mountain and Su Jia Liang wind power projects [1][3] - The San Dao Mountain project achieved a cumulative capacity utilization rate of 110.45% as of June 30, 2025, while the Su Jia Liang project reached a utilization rate of 127.33% [1][3] - The actual electricity generation from the Su Jia Liang project was 1.214 billion kWh, exceeding the expected generation of 953 million kWh [1][3]