PCI-STCL(SH:600728) Zheng Quan Zhi Xing·2025-09-02 16:15Core Viewpoint - The company has utilized its own funds to pay for part of the fundraising investment project and will replace it with an equivalent amount of raised funds, amounting to RMB 18.62 million, in compliance with regulations regarding the replacement within six months after payment [1][4]. Fundraising Basic Situation - The company raised a total of RMB 1,827,099,961.28 through a non-public offering of 396,334,048 shares at a price of RMB 4.61 per share, with a net amount of RMB 1,814,116,286.85 after deducting issuance costs of RMB 12,983,674.43 [1][2]. - The funds were received on January 16, 2023, and have been managed in a dedicated account with a tripartite supervision agreement signed with the sponsor and the bank [2][3]. Investment Project Situation - The planned investment projects and their funding allocations were adjusted by the company's board, with a total expected investment of RMB 424,754.57 million, of which RMB 331,448.08 million is to be funded from the raised funds [3][4]. Use of Own Funds and Replacement Situation - The necessity for using own funds arose due to difficulties in direct payments from the raised funds for employee salaries and social insurance, which must be processed through the company's basic deposit account [4][5]. - The total amount replaced from the own funds for the investment projects is RMB 18.62 million, specifically for salaries and social insurance related to the new generation of rail transit digital system research and development projects [5][6]. Approval Process - The board of directors approved the use of own funds and the subsequent replacement with raised funds during a meeting held on September 2, 2025, ensuring compliance with necessary approval procedures [5][6]. Impact on the Company - The use of own funds for part of the investment project and the subsequent replacement does not affect the normal implementation of the investment plan and does not change the direction of the raised funds or harm shareholder interests [5][6].