Core Viewpoint - The company announced the postponement of the completion date for two fundraising investment projects, "Wuhu Baifuyuan Food Processing Project" and "Hebi Baishun Food Processing Project," from January 2026 to January 2027, while some production lines and facilities have already been completed and put into operation [14][19][24]. Financial Data - The third quarter financial report has not been audited [7]. - The company confirmed that there are no adjustments or restatements of previous accounting data [3][4]. Shareholder Information - The company reported no changes in the number of shareholders or the status of major shareholders due to the borrowing or returning of shares [5]. Board Meeting - The fourth board meeting was held on October 27, 2025, with all eight directors present, and the meeting followed proper procedures [9][10]. - The board approved the third quarter report and the postponement of the fundraising projects [10][14]. Fundraising Projects - The total amount raised from the stock issuance was approximately RMB 590 million, with a net amount of about RMB 579 million after expenses [19][20]. - The company has implemented special account management for the raised funds to protect investor rights [20]. Project Status - The "Wuhu Baifuyuan Project" has completed the purchase of land and the first production workshop, which has been expanded and put into operation [21][22]. - The "Hebi Baishun Project" has completed the purchase of land and factory buildings, with the first production workshop also completed and operational [23]. Impact of Postponement - The partial completion of the fundraising projects is expected to enhance the company's production capacity and cold storage capabilities, although it may not significantly impact short-term revenue and profits [25]. - The postponement decision aligns with the company's strategic planning and does not adversely affect normal operations or shareholder interests [25][26]. Review Procedures - The postponement of the fundraising projects was approved by the board and does not require shareholder approval as it does not change the investment content or total amount [26][27]. Sponsor's Opinion - The sponsor has no objections to the postponement, confirming that the necessary approval procedures were followed and that the adjustments do not harm the company or shareholders' interests [27].
郑州千味央厨食品股份有限公司2025年第三季度报告