KangLongDa(SH:603665) Zheng Quan Ri Bao·2025-08-29 23:51Fundraising Overview - The company raised a total of RMB 20 million through the issuance of 2 million convertible bonds at a face value of RMB 100 each, with a net amount of RMB 19.31 million available after deducting issuance costs of RMB 0.69 million [1] - As of June 30, 2025, the company has utilized RMB 19.70 million of the raised funds, leaving a balance of RMB 0 [1] Fund Management - The company has established a fundraising management system in compliance with relevant laws and regulations, ensuring the funds are stored in dedicated bank accounts and managed under a tripartite supervision agreement with the underwriter and banks [2][3] - As of June 30, 2025, the company had three dedicated fundraising accounts, which were closed after transferring the remaining funds and interest to the company's general account [3] Fund Usage - In the first half of 2025, the company used RMB 9.03 million of the raised funds, with RMB 0.57 million allocated to investment projects and RMB 8.97 million supplementing working capital after the termination of the investment project [1] - The company approved the use of RMB 6.57 million of the raised funds to replace self-raised funds previously invested in projects, which was verified by an accounting firm [5] Temporary Fund Supplementation - The company temporarily supplemented working capital with idle raised funds, approving up to RMB 3.30 million and later RMB 5.50 million, both of which were fully returned to the dedicated accounts by June 26, 2025 [6] Project Changes - The company terminated the "Annual Production of 2400 Tons of Multifunctional, High-Performance High-Strength High-Modulus Polyethylene Fiber Project" and decided to permanently supplement the remaining funds into working capital [11] Compliance and Reporting - The company has adhered to regulations regarding the management and disclosure of raised funds, ensuring timely and accurate reporting without any violations [14]