WBTL(SH:603596) Shang Hai Zheng Quan Bao·2026-01-07 18:00Core Viewpoint - The company has completed the investment project for the production of 1 million sets of electronic control chassis brake systems and will permanently supplement its working capital with the remaining raised funds amounting to RMB 6.611 million [2][3][6]. Group 1: Fundraising Overview - The company issued 28,020,000 convertible bonds at a face value of RMB 100 each, raising a total of RMB 2.802 billion, with a net amount of RMB 2.789 billion after deducting issuance costs [4]. - All raised funds have been deposited in a special account approved by the board of directors to ensure proper management and protection of investor rights [4]. Group 2: Project Completion and Fund Usage - The project "Annual Production of 1 Million Sets of Electronic Control Chassis Brake Systems" has reached its expected usable state and is now officially completed [6]. - The remaining funds after project completion, including interest, amount to RMB 6.611 million, which will be used to permanently supplement the company's working capital [3][6]. - As the remaining funds are less than 5% of the net amount raised, the company is exempt from board and shareholder meeting approvals for this allocation, and it will be disclosed in the next regular report [3][6].