Tstc(SH:600552) Shang Hai Zheng Quan Bao·2025-08-30 03:55Core Viewpoint - The company has released its 2025 semi-annual report, highlighting its financial performance and future plans, with a focus on compliance and transparency in fundraising and project investments [1][2][3]. Group 1: Company Overview - The company is named Kaisheng Technology Co., Ltd., with the stock code 600552 [2]. - The board of directors and senior management guarantee the authenticity and completeness of the report [1][2]. Group 2: Financial Data - The company raised a total of approximately RMB 1.5 billion through a non-public stock issuance, with a net amount of approximately RMB 1.487 billion after deducting fees [14][15]. - As of June 30, 2025, the company has not used any idle funds for temporary working capital [21]. Group 3: Fundraising and Usage - The company has adhered to regulations regarding the storage and use of raised funds, ensuring that funds are stored in dedicated accounts and used for specified purposes [5][25]. - The company has not changed the purpose of the raised funds or engaged in any activities that could harm shareholder interests [25]. Group 4: Investment Projects - The company plans to invest approximately RMB 42.33 million in two production lines for automotive large-size display modules to enhance competitiveness [9]. - An additional investment of approximately RMB 45.58 million is planned for upgrading the production line of 3A glass cover plates to maintain market competitiveness [11]. Group 5: Upcoming Events - The company will hold a semi-annual performance briefing on September 8, 2025, to discuss its financial results and address investor questions [28][29].