Core Points - Zhejiang Fulai New Materials Co., Ltd. has successfully raised a total of RMB 612.9 million through its initial public offering, with a net amount of RMB 530.63 million after deducting issuance costs [1] - As of June 30, 2025, the company has utilized RMB 504.07 million of the raised funds, with RMB 33.20 million used in the current year [2] - The company has also issued convertible bonds, raising RMB 429.018 million, with a net amount of RMB 415.89 million confirmed to have been deposited into the company's special fund management account [2][3] Fund Management - The company has established a fund management system in compliance with relevant regulations to ensure the proper use of raised funds [3] - Multiple tripartite supervision agreements have been signed with banks to manage the special accounts for raised funds, ensuring their safety and dedicated use [4][5] Fund Usage - As of June 30, 2025, the balance of the special account for the initial public offering funds is reported, with specific amounts allocated to various projects [6][7] - The company has temporarily used idle raised funds to supplement working capital, with a total of RMB 100 million approved for such use [9] - The company has also engaged in cash management of idle funds, investing in financial products with a total amount not exceeding RMB 100 million [10] Project Updates - The company has made changes to its fundraising investment projects, including the extension of the project completion date and the addition of new implementation locations [12][13] - The company has confirmed that there are no external transfers or replacements of investment projects as of the reporting date [14] Compliance and Reporting - The company has adhered to the regulations regarding the management and disclosure of raised funds, ensuring that all information is accurate and complete [14] - The company has conducted audits and received verification reports confirming the proper use of raised funds and compliance with relevant regulations [8]

Core Viewpoint - The freezing of part of the fundraising account for Tai Rui Machinery Co., Ltd. is primarily due to a legal dispute involving the contractor of a fundraising project, rather than any operational issues within the company [1][3]. Group 1: Basic Situation of Frozen Funds - As of August 2025, the frozen amount in the fundraising account is 2,460,568.30 yuan, which is related to a lawsuit involving the contractor Zhejiang Chengjian Construction Group Co., Ltd. [2][3]. - The company has approved the temporary use of up to 59 million yuan of idle fundraising funds to supplement working capital for a period not exceeding 12 months [2]. Group 2: Reasons and Response Measures - The freezing of funds is linked to a dispute between the contractor and a third party, and not due to the company's own business actions [3]. - The company plans to take proactive measures to resolve the freezing situation by communicating with the court and the executing party, and consulting legal advisors [3]. Group 3: Impact on the Company - The frozen amount represents 0.73% of the net funds raised from the convertible bond issuance planned for 2024, and 0.17% of the company's most recent audited net assets, indicating a relatively small impact [4]. - The funds in the account are primarily intended for temporary working capital, and the freezing will not significantly affect the implementation of fundraising investment projects or the company's operations [4]. Group 4: Sponsor Institution's Review Opinion - The sponsor institution concludes that the frozen amount is minor and will not adversely affect the implementation of the fundraising investment projects [4].

Group 1 - The board of directors of Qingdao Tennen Heavy Industry Co., Ltd. held its ninth meeting of the fifth session on August 21, 2025, with all nine directors present, confirming compliance with relevant laws and regulations [1][2] - The board approved the 2025 semi-annual report and its summary, stating that the report accurately reflects the company's actual situation without any false records or omissions [1][2] - The profit distribution plan for the first half of 2025 was approved, considering profitability, financial status, and future development, aiming to share the company's growth with shareholders [2][3] Group 2 - The board approved the special report on the storage and use of raised funds, confirming compliance with relevant regulations and no harm to shareholder interests [3][4] - Several internal governance documents were revised, including the rules for shareholder meetings and board meetings, with all revisions requiring approval at the upcoming temporary shareholders' meeting [4][5] - The company plans to conduct foreign exchange hedging activities with a limit of up to $15 million or equivalent foreign currency, aiming to mitigate foreign exchange risks and enhance financial stability [5]

青岛汇金通电力设备股份有限公司 第二章 募集资金存储 青岛汇金通电力设备股份有限公司 青岛汇金通电力设备股份有限公司 募集资金管理制度 第一章 总则 的部分。 公司的董事、高级管理人员应当勤勉尽责，督促公司规范使用募集 资金，不得操控公司擅自或者变相改变募集资金用途。 公司的控股股东、实际控制人及其他关联人不得占用公司募集资金， 不得利用公司募集资金投资项目获取不正当利益。 第五条 公司应当审慎使用募集资金，按照招股说明书或者其他公开发行募 集文件所列用途使用，不得擅自改变用途。募集资金投资项目通过 公司的子公司或者公司控制的其他企业实施的，公司应当确保该子 公司或者受控制的其他企业遵守本制度规定。 第六条 公司应当审慎选择商业银行并开设募集资金专项账户（以下简称专 户），募集资金应当存放于经董事会批准设立的专户集中管理，专 户不得存放非募集资金或者用作其他用途。 公司存在两次以上融资的，应当分别设置募集资金专户。超募资金 也应当存放于募集资金专户管理。 募集资金投资境外项目的，应当符合本制度规定。公司及保荐人或 者独立财务顾问应当采取有效措施，确保投资于境外项目的募集资 金的安全性和使用规范性，并在《公司募 ...

Group 1 - The company raised a total of RMB 831,265,000 by issuing 15,500,000 shares at a price of RMB 53.63 per share, with a net amount of RMB 749,956,497.94 after deducting fees [1][4][41] - The company established five special accounts for the management of raised funds, ensuring compliance with relevant regulations [2][3] - The company has implemented a cash management plan for temporarily idle raised funds, allowing up to RMB 250 million for investment in low-risk financial products [4][5] Group 2 - The company has not encountered any abnormal situations regarding the investment projects funded by the raised capital [6] - The "Xiaxia Precision R&D Center Project" is expected to contribute indirectly to the company's economic growth through innovation, despite not generating direct economic benefits [6] - The company has not changed the use of raised funds for investment projects [6] Group 3 - The company has disclosed all relevant information regarding the use of raised funds in a timely and accurate manner, adhering to legal and regulatory requirements [7][56] - The company has revised and established governance-related systems to enhance operational standards and governance structure [9][45]

Core Viewpoint - Zhejiang Titan Co., Ltd. has disclosed its fundraising management and usage report for the first half of 2025, detailing the amounts raised, their allocation, and the management protocols in place to ensure compliance with regulatory requirements [1][2][3]. Fundraising Overview - The company raised a total of RMB 308.88 million from its initial public offering (IPO) by issuing 54 million shares at RMB 5.72 per share, with a net amount of RMB 252.77 million after deducting issuance costs [1]. - In addition, the company issued 2,955,000 convertible bonds at a total amount of RMB 295.5 million, resulting in a net amount of RMB 289.96 million after costs [2]. Fund Management and Storage - The company has established a fundraising management system in compliance with regulatory guidelines to protect investors' rights, ensuring that funds are stored in dedicated accounts [3][4]. - The company signed tripartite supervision agreements with banks and sponsors to manage the funds from both the IPO and the convertible bond issuance [5][6]. Actual Fund Usage - As of June 30, 2025, the company reported no changes in the implementation location or method for its fundraising projects, and there were no instances of using idle funds for temporary liquidity [9][10][12]. - The company adjusted the investment amount for the "Intelligent Spinning Machine Equipment Manufacturing Base Construction Project" from RMB 35.48 million to RMB 19.46 million, with surplus funds of RMB 17.40 million being permanently allocated to working capital [15][17]. Fund Storage Status - The company reported that as of June 30, 2025, the funds from the IPO and the convertible bonds were stored in dedicated accounts, with some accounts being closed and funds reallocated to working capital [21]. Other Fund Usage Situations - The company has not engaged in any over-raised fund usage, and all remaining funds are stored in dedicated accounts as of June 30, 2025 [16].

Core Viewpoint - The report outlines the fundraising and usage status of Quancheng Silicon Chemical Co., Ltd. for the first half of 2025, confirming compliance with regulatory requirements and detailing the management of raised funds [1][22]. Fundraising Basic Situation - The company raised a total of RMB 700,598,992.50 from the issuance of 48,720,375 shares at a price of RMB 14.38 per share, with a net amount of RMB 624,715,956.65 after deducting issuance costs [1][2]. Fundraising Management - The company has established a fundraising management system in accordance with regulatory guidelines to ensure proper management and usage of the raised funds [2][3]. Fundraising Account Storage - A special account for fundraising has been opened, and the company has signed tripartite supervision agreements with relevant banks to ensure the funds are used appropriately [3][4]. Actual Usage of Fundraising - As of June 30, 2025, the cumulative usage of the raised funds amounted to RMB 662,388,300, with no idle funds used for temporary working capital [5][8]. Cash Management of Idle Funds - The company has approved the use of idle funds for cash management, with amounts not exceeding RMB 50 million, RMB 39 million, and RMB 36 million in different resolutions, ensuring that these do not affect the normal operation of fundraising projects [6][7]. Remaining Funds - As of June 30, 2025, the remaining balance in the fundraising account was RMB 26,231,800, which is earmarked for project contract payments [8]. Fundraising Project Changes - There have been no changes to the fundraising projects during the reporting period, and no funds have been transferred or replaced externally [9]. Compliance and Disclosure - The company has complied with all relevant regulations regarding the management and usage of raised funds, with no violations reported [9][22]. Key Operating Data - In Q2 2025, the average price of silica products increased by 0.89% compared to the previous quarter but decreased by 1.56% year-on-year [25]. - The procurement prices of key raw materials showed varied trends, with soda ash down by 2.98% quarter-on-quarter and 31.77% year-on-year, while sulfur increased by 41.20% quarter-on-quarter and 126.81% year-on-year [26].

Core Viewpoint - The company has disclosed its half-year report for 2025, highlighting its financial performance, management of raised funds, and future development plans [1][7][21]. Group 1: Company Overview - The company did not distribute cash dividends or issue bonus shares during the reporting period [3]. - The company’s controlling shareholder and actual controller did not change during the reporting period [5]. Group 2: Financial Data and Fund Management - The company raised a total of RMB 1,228.90 million from its initial public offering, with a net amount of RMB 1,094.22 million after deducting issuance costs [8]. - As of June 30, 2025, the company had used RMB 1,028.62 million of the raised funds, with a remaining balance of RMB 907.92 million [13][15]. - The company has implemented a management system for raised funds, ensuring they are stored in dedicated accounts and used according to regulations [10][12]. Group 3: Significant Events - On March 10, 2025, the company approved the conclusion of certain fundraising projects and decided to permanently supplement working capital with the remaining funds [9][15]. - The company terminated the 2023 restricted stock incentive plan and repurchased 1,000,300 shares, reducing the total number of shares from 141,446,300 to 140,446,000 [6]. Group 4: Asset Impairment - The company recognized an asset impairment provision of RMB 21.88 million for the first half of 2025, reflecting a cautious approach to financial reporting [21][25].

Fundraising Overview - The company raised a total of RMB 262.35 million through the issuance of 34.03 million shares at a price of RMB 7.71 per share, with a net amount of RMB 195.80 million after deducting issuance costs [2][3]. Fund Utilization and Balance - As of June 30, 2025, the company has utilized RMB 147.12 million of the raised funds, leaving a balance of RMB 55.24 million [3][4]. Fund Management - The company has established a fundraising management system in compliance with relevant laws and regulations to ensure proper management and usage of the raised funds [4][5]. - A tripartite supervision agreement was signed with the underwriting institution and banks to clarify the rights and obligations of all parties involved [5]. Specific Fund Usage - The company has not used idle funds to temporarily supplement working capital as of June 30, 2025 [7][10]. - The company approved the use of up to RMB 68 million of idle funds for cash management, ensuring that it does not affect the progress of investment projects [8]. Project Status and Adjustments - The company has postponed the completion dates for the "Nanyang Smart Electrical Industrial Park Construction Project" and the "R&D Center Construction Project" to June 2026 due to the need for additional construction and optimization of R&D plans [13][14]. - There have been no external transfers or replacements of fundraising projects in the first half of 2025 [16]. Compliance and Disclosure - The company has adhered to all relevant laws and regulations regarding the management and usage of raised funds, with no violations reported [16].

Core Viewpoint - Jiangsu Aisen Semiconductor Materials Co., Ltd. has provided a detailed report on its fundraising activities, including the amount raised, management, and usage of the funds, ensuring compliance with relevant regulations and maintaining transparency for investors [7][21]. Group 1: Fundraising Overview - The company successfully raised a total of RMB 617,594,352.02 through the issuance of 22,033,334 shares at a price of RMB 28.03 per share, with a net amount of RMB 544,497,129.75 after deducting issuance costs [7][9]. - The funds are managed in a dedicated account with a tripartite supervision agreement established with the underwriter and the banks involved [8][10]. Group 2: Fund Usage and Management - As of June 30, 2025, the company has utilized RMB 398,966,673.17 of the raised funds, leaving a balance of RMB 152,681,280.15, which includes interest earned [9][11]. - The company has implemented a management system for the raised funds, ensuring they are stored in dedicated accounts to enhance efficiency and protect investor interests [9][10]. Group 3: Fund Allocation and Adjustments - In the first half of 2025, the company allocated RMB 4,610,407.00 to specific projects from the raised funds [11]. - There were no instances of using idle funds for temporary working capital or reallocating excess funds to new projects during this period [13][17]. Group 4: Corporate Governance Changes - The company has proposed to increase the board size from 7 to 8 members by adding a non-independent director, pending approval from the upcoming shareholders' meeting [26][27]. - The company plans to abolish the supervisory board, transferring its responsibilities to the audit committee of the board, which requires amendments to the company's articles of association [34][35].