SONGFA(SH:603268) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-12-07 06:22Group 1 - The company has approved the use of its own funds to pay for part of the fundraising project and will replace it with raised funds later [1][4][7] - The total amount raised by the company is approximately RMB 3.999 billion, with a net amount of approximately RMB 3.932 billion after deducting issuance costs [1][12] - As of November 30, 2025, the company has used RMB 3.5 billion of the raised funds, leaving a balance of approximately RMB 434 million [2][13] Group 2 - The company will use its own funds temporarily due to operational needs, including salary payments and foreign currency purchases, which cannot be processed through the fundraising account [3][4] - The company has established a process for tracking and replacing the funds used, ensuring compliance with regulations [5][6] - The independent financial advisor has confirmed that the company's actions comply with relevant regulations and do not harm the interests of the company or its shareholders [8][17] Group 3 - The company plans to use up to RMB 300 million of idle raised funds to temporarily supplement working capital for a period not exceeding 12 months [10][11][14] - The decision to use idle funds has been approved by the board and is intended to improve fund efficiency while ensuring project funding needs are met [16][20] - The independent financial advisor has also stated that this use of funds complies with regulations and does not change the intended use of the raised funds [17][21]