Lontium(SH:688486) Xin Lang Cai Jing·2025-11-21 15:57Core Viewpoint - Longxin Semiconductor (Hefei) Co., Ltd. plans to use 21.5 million yuan of its excess raised funds to permanently supplement its working capital, which accounts for 29.72% of the total excess funds raised [1][2]. Fundraising Overview - The company raised a net amount of 1.03 billion yuan from its initial public offering, with excess funds totaling 72.33 million yuan [2]. - The allocation of the raised funds is as follows: - High-definition video bridging and processing chip development: 281.67 million yuan total investment, 257.45 million yuan from raised funds - High-speed signal transmission chip development: 176.64 million yuan total investment, 165.02 million yuan from raised funds - R&D center upgrade: 346.68 million yuan total investment, 335.48 million yuan from raised funds - Development and technology reserve: 200 million yuan from raised funds - Total planned investment: 1.00499 billion yuan, with 957.95 million yuan from raised funds [2]. Use of Excess Funds - The company has previously used 43 million yuan of excess funds to permanently supplement working capital and plans to use an additional 21.5 million yuan, bringing the total to 64.5 million yuan [2][3]. - The use of excess funds aims to meet the working capital needs of the company's main business while ensuring the funding requirements for investment projects [3]. Compliance and Commitments - The company commits that the total amount used to permanently supplement working capital or repay bank loans within 12 months will not exceed 30% of the total excess funds [4]. - The current usage of 29.72% complies with this regulation, and the company will not engage in high-risk investments or provide financial assistance to entities other than its controlling subsidiaries within 12 months after the fund supplementation [4]. Review Process and Institutional Opinions - The matter has been approved by the company's board and supervisory board, which believe it enhances the efficiency of fund usage and aligns with the interests of all shareholders [5]. - The sponsor institution has also expressed no objections, confirming that the use of excess funds will not affect the normal progress of investment projects and complies with relevant regulations [5].