Core Viewpoint - Titan Co. announced a delay in the completion date of its "Hangzhou R&D Center Construction Project" to May 2026 due to external environmental changes and a cautious approach to project construction and fixed asset investment [1] Group 1: Project Details - The project is planned to invest 55.5 million yuan, funded through the issuance of convertible bonds to unspecified investors [1] - The funds will be used for purchasing property, renovation, and acquiring equipment for R&D infrastructure [1] Group 2: Impact of Delay - The delay does not involve changes to the project implementation entity, method, construction content, fundraising purpose, or investment scale [1] - The company asserts that the delay will not adversely affect its normal production operations or overall fundraising arrangements [1] - There is no change in the direction of the use of raised funds, and it does not harm shareholder interests [1]
泰坦股份:部分募集资金投资项目延期