Core Viewpoint - The regulations established by Shanghai Cambridge Technology Co., Ltd. aim to standardize the management and use of raised funds following the issuance and listing of H shares, ensuring compliance with relevant laws and regulations [2][16]. Group 1: General Provisions - The regulations are formulated based on various laws, including the Company Law and Securities Law of the People's Republic of China, as well as the company's articles of association [2]. - The term "raised funds" refers to funds raised through public issuance of securities for specific purposes, excluding funds raised for equity incentive plans [2][3]. - The board of directors is responsible for disclosing the usage of raised funds in accordance with applicable laws and regulations [2][3]. Group 2: Fund Storage - Raised funds must be stored in a special account established by the board of directors, and cannot be used for non-raised fund purposes [3][4]. - A tripartite supervision agreement must be signed with the sponsor or independent financial advisor and the commercial bank within one month of the funds being received [3][4]. - The agreement must include details such as the account number, project details, and monthly bank statements [3]. Group 3: Fund Usage - The company must clearly define the application, approval authority, decision-making process, risk control measures, and information disclosure procedures for the use of raised funds [6]. - Raised funds should primarily be used for the main business, and certain prohibited activities include financial investments and providing funds to related parties [6][8]. - If the actual raised funds exceed the planned amount, up to 30% of the excess can be used for permanent working capital or repaying bank loans, subject to board and shareholder approval [9][10]. Group 4: Changes in Fund Usage - Any changes in the use of raised funds must be approved by the board and disclosed to shareholders [19][20]. - New investment projects must be analyzed for feasibility and profitability, ensuring they align with the main business [20][21]. - If a project is completed with surplus funds, these can be redirected to other projects with board approval [17][18]. Group 5: Management and Supervision - The board must conduct a comprehensive review of the usage of raised funds every six months and issue a special report on the status of fund storage and usage [24][25]. - Independent non-executive directors and the audit committee must continuously monitor the management and usage of raised funds [26][27]. - Any violations in fund management must be reported to the board and disclosed to the stock exchange [26][27].

Core Viewpoint - The document outlines the management and usage of raised funds by Dongfang International Entrepreneurship Co., Ltd, emphasizing the need for transparency, compliance with regulations, and safeguarding investor interests [1][2]. Group 1: General Principles - The purpose of the fund management system is to standardize the use and management of raised funds to protect investor interests [1]. - The raised funds refer to money obtained through public and private securities issuance, excluding funds raised for equity incentive plans [1]. - The company must ensure the safe and compliant use of raised funds, with detailed records maintained by the accounting department [1][2]. Group 2: Fund Storage - The company must prudently select commercial banks to open special accounts for raised funds, ensuring centralized management [2][3]. - The special accounts must not hold non-raised funds or be used for other purposes [2][3]. - A tripartite supervision agreement must be signed with the sponsor and the bank within one month of the funds being received [3]. Group 3: Fund Usage - Raised funds should be used according to the investment projects and amounts specified in the prospectus, with strict adherence to the intended use [4][5]. - Any significant changes affecting the normal use of raised funds must be reported promptly [4][5]. - The company is prohibited from using raised funds for financial investments or providing funds to controlling shareholders or related parties [5][6]. Group 4: Management of Idle Funds - Idle raised funds can be temporarily used for cash management, provided it does not affect the normal investment plans [6][7]. - The company must report any temporary use of idle funds for working capital to the stock exchange [8]. - Any surplus funds after project completion must be used for other investment projects or returned to the special account [9][10]. Group 5: Changes in Fund Allocation - Any changes to the investment projects must be approved by the board and the shareholders, with clear disclosure of reasons and new project details [10][11]. - The company must ensure that any new projects are aligned with its main business and have a solid feasibility analysis [10][11]. Group 6: Monitoring and Reporting - The board must conduct a comprehensive review of the fund usage and progress every six months, providing a special report to the stock exchange [13][14]. - The sponsor must conduct on-site investigations of the fund management at least semi-annually [14]. - Any discrepancies in fund usage must be explained in the special report, and the company must disclose the results of audits and reviews [13][14].

Core Points - The company is holding a shareholders' meeting on June 23, 2025, at 14:30 in Hangzhou, Zhejiang Province, to discuss various proposals [1][2] - The agenda includes amendments to the company's articles of association and the abolition of the supervisory board [1][2] - The company aims to enhance its operational standards in compliance with the latest legal requirements [2][3] Group 1: Shareholders' Meeting Details - The meeting will be conducted both in-person and via online voting [1] - Shareholders must register in advance to exercise their voting rights [1][2] - A "Shareholder Questions" segment will be included, allowing shareholders to submit questions in advance [1][2] Group 2: Proposed Amendments - The company plans to revise its articles of association, reducing the number of chapters from fourteen to thirteen [1][2] - The supervisory board will be abolished, and relevant rules will be updated accordingly [2][3] - Specific changes to the shareholder meeting rules and board meeting rules are proposed to align with new regulations [2][3] Group 3: Voting and Decision-Making - Voting will be conducted through a ballot system, and shareholders cannot ask questions during the voting process [1][2] - The company will establish a secretariat to manage procedural matters during the meeting [1][2] - The proposals will require a majority vote from shareholders present at the meeting [1][2]

Core Points - The company has approved the temporary use of idle raised funds amounting to RMB 6.431 billion for supplementing working capital, with a usage period not exceeding 12 months from the board meeting date [1] - The company has returned RMB 375 million of the temporarily used funds to the designated account as of January 20, 2025, and notified the sponsor institution [2] - As of the announcement date, the company has utilized the full amount of RMB 6.431 billion for temporary working capital, leaving a remaining balance of RMB 5.896 billion yet to be returned [2]

Group 1 - The core viewpoint of the announcement is the approval of the adjustment of investment scale for a fundraising project and the permanent allocation of surplus funds to supplement working capital [1][2]. - The 9th meeting of the 10th Supervisory Board of Zhejiang Titan Co., Ltd. was held on June 9, 2025, with all three attending supervisors voting unanimously in favor of the proposal [1]. - The proposal involves the "Intelligent Textile Machinery Equipment Manufacturing Base Construction Project," which will have its investment scale adjusted and concluded, with surplus funds redirected to support daily operations and business development [1][2]. Group 2 - The proposal requires further approval from the company's shareholders and bondholders' meeting [2]. - The announcement will be detailed in various financial publications and on the official website for public access [2].

Fundraising Overview - The company, Shaanxi Fenghuo Electronics Co., Ltd., has received approval from the China Securities Regulatory Commission to issue shares and raise funds, totaling 114,249,034 shares, with a net fundraising amount of approximately 870 million RMB [1][2] - The funds will be used for cash consideration in asset purchases, development of aviation intelligent wireless altimeters, precision guidance equipment, radar navigation systems, and to supplement working capital or repay debts [3][4] Fund Management and Supervision - A special fundraising account has been established at China Merchants Bank, Baoji Branch, specifically for the management of the raised funds, ensuring compliance with relevant regulations [2][3] - A tripartite supervision agreement has been signed among the company, the bank, and an independent financial advisor to oversee the use of the funds, ensuring investor protection [3][4] - The financial advisor will conduct semi-annual inspections of the fund usage and has the authority to request information from the bank regarding the special account [4][5] Regulatory Compliance - The agreement stipulates that the funds can only be used for specified purposes and outlines the responsibilities of each party involved in the management and oversight of the funds [4][5] - The bank is required to provide monthly account statements and notify the financial advisor of any significant withdrawals from the account [5][6] - Any disputes arising from the agreement will be resolved through negotiation or legal proceedings in the jurisdiction of the company's registered address [6]

Fundraising Overview - The company has raised a total of RMB 615 million through the issuance of convertible bonds, with a net amount of RMB 607,155,585.94 after expenses [1][2] - The funds were verified and reported by a professional firm on June 17, 2025 [1] Special Account Setup - The company has established special accounts for the management of the raised funds, authorized by the shareholders' meeting [1][2] - Three separate regulatory agreements have been signed with banks and the sponsor to ensure proper management and protection of investor rights [1][3] Regulatory Agreements - The first agreement involves a special account at CITIC Bank for the semiconductor and high-precision flat panel display mask expansion project, with a maximum deposit of RMB 319,037,600 [3][4] - The second agreement is with China Merchants Bank for the acquisition of minority shareholder equity, with a stored amount of RMB 217,962,400 [2][7] - The third agreement is with Industrial Bank for supplementary working capital and repayment of bank loans [10][11] Monitoring and Compliance - The sponsor, Guosen Securities, is responsible for ongoing supervision of the fund usage, including on-site inspections and inquiries [4][8] - Monthly account statements will be provided by the banks to ensure transparency and compliance with the agreements [5][9] - Any withdrawal exceeding RMB 50 million or 20% of the net raised funds must be reported to the sponsor [5][9] Agreement Validity - The agreements will remain effective until all funds are fully utilized and the accounts are closed [14]

Summary of Key Points Core Viewpoint - The company has completed certain fundraising investment projects and plans to permanently supplement its working capital with the remaining funds, while also postponing some investment projects [1][9]. Fundraising Overview - The company raised a total of RMB 640.32 million through its initial public offering, with a net amount of RMB 571.48 million after deducting underwriting fees and other expenses [1]. - The funds have been deposited into a dedicated account, and a tripartite supervision agreement has been signed with the underwriter and the bank [1]. Fund Usage and Project Completion - The company has approved the use of excess funds amounting to RMB 67.70 million for the construction of a new high-speed module production line, with a total project investment of RMB 147.20 million [2]. - As of May 31, 2025, the cumulative investment in the fundraising projects is as follows: total investment of RMB 650.98 million, with RMB 571.48 million planned from fundraising, and an 80.63% completion rate [2]. Project Completion and Surplus Funds - The projects "Mianyang Industrial Base Expansion" and "High-Speed Module Production Line" have reached a usable state, allowing for their completion [4]. - The surplus funds from these projects, amounting to RMB 37.99 million, will be transferred to the company's general bank account to permanently supplement working capital [5]. Project Delay - The "R&D Innovation Center Upgrade" project has been postponed to April 30, 2026, to ensure alignment with the company's long-term strategic goals [6][8]. - The delay is based on a careful assessment of the project's progress and funding usage, ensuring that the investment content and total amount remain unchanged [7][8]. Approval Process - The board of directors and the supervisory board have approved the completion of certain fundraising projects and the use of surplus funds, confirming that these actions align with regulatory requirements and do not harm shareholder interests [8][9].

Core Points - The company has completed the investment projects "Mianyang Industrial Base Expansion Project" and "High-speed Line Module Production Line Project," and has decided to conclude these projects and permanently supplement the remaining funds into working capital [1][5][10] - The company plans to adjust the timeline for the "R&D Innovation Center Upgrade Project" due to its implementation progress [1][9][10] Fundraising Overview - The company raised a total of RMB 640.32 million through its initial public offering, with a net amount of RMB 571.48 million after deducting issuance costs [1][2] - The company has established a dedicated account for the raised funds and signed a tripartite supervision agreement with the sponsor and the bank [1][2] Fund Usage Status - As of May 31, 2025, the cumulative investment in the projects has reached 80.63% of the planned investment [4] - The remaining funds from the concluded projects will be used to enhance the company's liquidity and operational efficiency [6][8] Reasons for Fund Surplus - The surplus in project funds is attributed to careful management and cost control during the construction phase, ensuring quality while minimizing expenses [5][6] - The company has also generated interest income from temporarily idle funds, further contributing to the surplus [5][6] Impact of Fund Allocation - The decision to conclude the projects and allocate surplus funds to working capital aligns with the company's long-term development strategy and is expected to improve resource allocation and operational efficiency [8][11] - The company will maintain the dedicated fund account until all pending payments are settled [5][8] Project Delay Details - The timeline for the "R&D Innovation Center Upgrade Project" has been postponed to April 30, 2026, to ensure alignment with the company's strategic goals [9][10] - The delay is not expected to adversely affect the project's implementation or the company's overall operations [9][11]

截至本公告披露日，公司已将上述用于暂时补充流动资金的募集资金 1,300 万元提前归还至募集资金专用账户，并及时将募集资金归还情况通知保荐机构和 保荐代表人。剩余用于暂时补充流动资金的募集资金尚在董事会审议通过的使用 期限之内，公司将在规定到期日之前归还至募集资金专用账户，届时公司将及时 履行信息披露义务。 证券代码：688499 证券简称：利元亨 公告编号：2025-041 广东利元亨智能装备股份有限公司 关于提前归还部分暂时补充流动资金的募集资金的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性依法承担法律责任。 广东利元亨智能装备股份有限公司（以下简称"公司"）于 2024 年 10 月 于使用部分闲置募集资金暂时补充流动资金的议案》，同意公司使用部分闲置募 集资金不超过人民币 45,000 万元（含本数）暂时补充流动资金，使用期限自公 司董事会审议通过之日起不超过 12 个月。具体内容详见公司于 2024 年 10 月 25 日在上海证券交易所网站（www.sse.com.cn）披露的《广东利元亨智能装备股份 有限公司关于使用 ...