Core Points - The company has announced its decision to continue using part of its temporarily idle raised funds for cash management, with a limit of up to RMB 251 million, ensuring that it does not affect the normal operation of fundraising projects [15][29][45] - The board and supervisory committee have confirmed that the financial report for the third quarter of 2025 is accurate and complete, with no significant omissions or misleading statements [2][21][45] - The company’s subsidiary, Foshan Lehua Hengye Kitchen and Bath Co., Ltd., has had its funds frozen due to a legal dispute, but the court has lifted the freeze as of February 2024 [5] Financial Data - As of September 30, 2025, the company has approximately RMB 250.997 million in unused raised funds, which will be managed to improve efficiency [31] - The company’s total raised funds amounted to approximately RMB 1.225 billion, with a net amount of about RMB 1.156 billion after deducting issuance costs [30] Shareholder Information - The company’s major shareholder, Mr. Xie Yuerong, has had a total of 134,604,645 shares frozen due to a legal obligation related to a real estate project [6] - The shares held by certain shareholders will be released for trading after a lock-up period of 36 months, starting from October 26, 2022 [7] Board and Supervisory Committee Meetings - The second board meeting on October 30, 2025, approved the third quarter report and the continued use of idle funds for cash management, with unanimous support from all attending members [13][15][21] - The supervisory committee also approved the same proposals, confirming compliance with relevant regulations [23][45]
箭牌家居集团股份有限公司2025年第三季度报告