Summary of Key Points Core Viewpoint - The company has decided to postpone the production completion date of its fundraising project, specifically the "12-inch integrated circuit production line project," due to delays in the delivery of specialized production equipment, while maintaining the project's implementation content,主体,方式, and investment scale unchanged [1][3]. Fundraising Overview - The company was approved to publicly issue A-shares, raising a total of approximately 3.95 billion RMB, with a net amount after deducting issuance costs [1]. - The funds raised are allocated to the "12-inch integrated circuit production line project," with an intended investment of approximately 375.65 million RMB [2]. Project Delay Details - The production completion date for the project has been adjusted to July 2026 due to extended delivery times for specialized equipment [2]. - The first phase of trial production is set for April 2023, with full production expected by July 2024, while the second phase is scheduled for trial production in April 2024 and full production by July 2025 [2]. Impact of Delay - The delay in the fundraising project is a cautious decision based on the company's operational needs and the actual situation of the project, without altering the project's implementation content or investment direction [3]. - The postponement complies with relevant regulations and does not significantly impact the company's normal operations [3]. Review Procedures and Opinions - The company's board of directors approved the project delay on August 28, 2025, following necessary decision-making procedures [4]. - The sponsor has confirmed that the delay adheres to regulatory requirements and does not harm the interests of the company or its shareholders [4].
燕东微: 中信建投证券股份有限公司关于北京燕东微电子股份有限公司募投项目延期的核查意见