Hunan Aerospace Huanyu (SH:688523) Shang Hai Zheng Quan Bao·2026-01-12 18:09Core Viewpoint - The company, Hunan Aerospace Huanyu Communication Technology Co., Ltd., has announced the use of part of its raised funds to permanently supplement its working capital, amounting to RMB 95 million, which represents 29.40% of the total raised funds [2][5][9]. Fundraising Basic Situation - The company successfully completed its initial public offering (IPO) on March 30, 2023, raising a total of RMB 893.64 million by issuing 40,880,000 shares at a price of RMB 21.86 per share, with a net amount of RMB 823.11 million after deducting issuance costs [3][4]. Use of Raised Funds - The company plans to use the raised funds for its main business operations, ensuring that the use of funds does not affect the normal progress of investment projects. The company commits to not exceeding 30% of the total raised funds for working capital supplementation within 12 months [5][7][9]. Approval Process - The board of directors approved the proposal to use part of the raised funds for working capital on January 12, 2026, and this proposal will be submitted for shareholder approval [8][10]. Special Opinions - The board's audit committee and the sponsor institution, Caixin Securities Co., Ltd., have both expressed that the use of excess raised funds for working capital will not affect the normal progress of investment projects and complies with relevant regulations [9][10][11].