Halo Micro(SH:688173) Zheng Quan Zhi Xing·2025-08-29 18:30Core Viewpoint - The company plans to use up to RMB 200 million of idle raised funds to temporarily supplement its working capital, which is approved by the board and supervisory committee, ensuring compliance with relevant regulations [1][6][7] Group 1: Fund Usage - The company will use the idle funds for daily operations and business expansion related to its main business, with the usage period from September 22, 2025, to September 21, 2026, allowing for rolling use within this timeframe [1][4] - The total amount raised from the initial public offering (IPO) was RMB 1.343 billion, with a net amount of RMB 1.221 billion after deducting issuance costs [1][2] - The company has established a dedicated account management system for the raised funds, ensuring proper oversight and compliance [2] Group 2: Previous Fund Usage - In the previous year, the company also used up to RMB 200 million of idle funds for similar purposes, with a commitment to return the funds by September 21, 2025 [3][4] Group 3: Justification for Current Fund Usage - The decision to use idle funds is based on the need for working capital to support business growth, with an estimated potential interest savings of approximately RMB 3.6 million based on the current loan market rate [5] - The use of these funds will not affect the normal progress of the company's investment projects and will not change the intended use of the raised funds [5][7] Group 4: Approval Process - The board and supervisory committee have approved the use of idle funds, and the decision complies with legal and regulatory requirements, thus not requiring shareholder approval [6][7]