锦江航运: 锦江航运2025年半年度募集资金存放与实际使用情况的专项报告

Summary of Key Points Core Viewpoint Shanghai Jinjiang Shipping (Group) Co., Ltd. has reported on the status of its fundraising activities, detailing the total amount raised, the usage of funds, and the management of these funds as of June 30, 2025. The company emphasizes compliance with regulatory requirements and outlines changes in investment projects to adapt to market conditions. Fundraising Overview - The company raised a total of RMB 2,183,850,000 through its initial public offering, with net proceeds amounting to RMB 2,060,494,478.80 after deducting issuance costs of RMB 123,355,521.20 [1][2] - As of June 30, 2025, the cumulative amount used from the raised funds is RMB 306,806,394.30, with a remaining balance of RMB 1,808,073,569.92 in the dedicated account [1][2] Fund Management - The company has established a fundraising management system to ensure the safe use of funds, which includes a tripartite supervision agreement with banks and sponsors [1][2] - The balance in the dedicated fundraising account as of June 30, 2025, is RMB 1,808,073,569.92, which includes a dollar balance converted to RMB [1][2] Changes in Investment Projects - The company has adjusted its investment projects to better align with the growing trade in Southeast Asia, particularly under the "Belt and Road Initiative" and the "Regional Comprehensive Economic Partnership" (RCEP) [2][3] - The original plan to purchase 6 vessels of 1,800 TEU and 2 vessels of 2,400 TEU has been modified to 4 vessels of 1,800 TEU and 2 vessels of 1,100 TEU [2][3] Fund Usage and Disclosure - The company has reported that there are no issues with the timeliness or accuracy of disclosed information regarding the use of funds [2][3] - The total amount of funds used for changed purposes is 56.02% of the total raised funds [2][3] Cash Management - The company has utilized part of the idle fundraising for cash management, investing in safe and liquid financial products, with a total cash management limit of RMB 1.3 billion [4][5] - Specific cash management activities include structured deposits and term deposits with banks, generating interest income [4][5]