SHIHUA(SH:688093) Xin Lang Cai Jing·2025-09-19 09:38Core Points - In 2025, Suzhou Shihua New Materials Technology Co., Ltd. raised a net amount of 591 million yuan through a private placement of A-shares [1] - The company has invested 30.7065 million yuan of self-raised funds in the optical display film material expansion project as of September 11 [1] - The company has also used 1.4968 million yuan of self-raised funds to cover issuance expenses [1] - On September 19, the company's board and supervisory board approved a proposal to replace the aforementioned self-raised funds with 32.2033 million yuan from the raised funds [1] - This replacement is compliant with relevant regulations and does not affect the normal progress of the fundraising project, thus does not require shareholder meeting approval [1] - Huatai United Securities acted as the sponsor and had no objections to this replacement matter [1]