MAYAIR(SH:688376) Zheng Quan Ri Bao·2025-08-30 00:53Fundraising Overview - The company raised a total of RMB 980,784,000.00 from the issuance of 33,600,000 shares at a price of RMB 29.19 per share, with a net amount of RMB 891,810,577.60 after deducting underwriting and other issuance costs [1][2] - The actual amount received was RMB 914,129,120.00, which includes untransferred issuance costs of RMB 22,318,542.40 [1] Fund Usage and Balance - As of June 30, 2025, the company has utilized RMB 493,741,885.22 of the raised funds and has replaced RMB 15,944,203.02 for issuance costs [2] - The balance in the fundraising account was RMB 172,181,185.10, with RMB 270,000,000.00 in cash management products that have not yet matured [2][6] Fund Management - The company has established a fundraising management system to ensure proper use and management of the funds, in compliance with relevant regulations [3] - A tripartite supervision agreement was signed with several banks to clarify the rights and obligations of all parties involved in the management of the funds [3] Investment Projects - The company has not used self-raised funds for pre-investment in fundraising projects during the reporting period [5] - There were no instances of using idle funds to supplement working capital [5] Cash Management - The company has approved the use of up to RMB 586,000,000.00 of temporarily idle funds for cash management, with a focus on high-security and liquid investment products [5] - As of June 30, 2025, the total investment income from cash management was RMB 367,676.58 [6] Use of Over-raised Funds - The company has used RMB 53,462,956.35 of over-raised funds to permanently supplement working capital, with a similar amount of RMB 37,000,000.00 approved later [7][8] - By June 30, 2025, a total of RMB 142,553,400.00 of over-raised funds has been used for this purpose [9] Project Adjustments - The company has postponed the expected usable status date for certain fundraising projects to July 1, 2026, as approved in board meetings [12] Compliance and Reporting - The company has adhered to all relevant laws and regulations regarding the use of raised funds and has disclosed information accurately and timely [13][23]