Core Viewpoint - The company, Xi'an Pairui Power Semiconductor Technology Co., Ltd., is adjusting its fundraising project by changing part of the construction content, project location, and extending the implementation period due to market conditions and operational considerations [2][9]. Fundraising Project Adjustment Overview - The company raised a total of RMB 318.4 million by issuing 80 million shares at RMB 3.98 per share, with a net amount of RMB 269.31 million after deducting issuance costs [1]. - The adjustments were approved in meetings held on January 17, 2024, and February 2, 2024, and will be submitted for shareholder approval [2][8]. Original and Adjusted Project Details - The original project was focused on the industrialization of high-power semiconductor devices, with a total planned investment of RMB 57 million, using RMB 26.93 million from the raised funds [4][6]. - The adjusted project will now focus on 5-inch and 6-inch thyristors, IGCT, FRD, and other power semiconductor modules, with a revised total investment of RMB 53.53 million, maintaining the use of RMB 26.93 million from the raised funds [7][4]. Reasons for Adjustment - The company identified intense competition in the SiC market, dominated by international firms, leading to the decision to cancel SiC-related R&D and production plans due to high investment costs and limited market entry channels [6][3]. - The adjustments are deemed necessary to align with market conditions and the company's strategic development, aiming to reduce investment risks and protect shareholder interests [9][8]. Review and Approval Process - The adjustments have been reviewed and approved by the company's board and supervisory committee, and are pending approval from the shareholders [9][8]. - The sponsor institution, China International Capital Corporation, has confirmed that the adjustments comply with relevant regulations and do not harm shareholder interests [9].

Core Viewpoint - The report details the fundraising activities and management of Hubei Ping An Electric Technology Co., Ltd., highlighting the total amount raised, the net proceeds, and the usage of the funds, ensuring compliance with regulatory requirements [1][20]. Fundraising Overview - The company raised a total of RMB 806.55 million by issuing 46.38 million shares at a price of RMB 17.39 per share, with net proceeds amounting to RMB 727.55 million after deducting issuance costs of RMB 79.00 million [1][10]. - The funds were verified by Tianjian Accounting Firm, which issued a verification report confirming the amount raised [1]. Fund Usage and Management - The company has established a management system for the raised funds, including dedicated bank accounts and tripartite supervision agreements with various banks and the sponsor [4]. - As of June 30, 2025, the company had utilized the raised funds for various projects, with no abnormal situations reported in the investment projects [5][20]. Fund Storage and Cash Management - The company has implemented a cash management strategy for temporarily idle funds, allowing up to RMB 450 million for investment in low-risk, liquid financial products [5][6]. - As of June 30, 2025, the balance of idle funds under cash management was RMB 350 million [5]. Project Investment and Adjustments - The company pre-invested RMB 74.91 million in projects before the funds were received, with specific amounts allocated to the Wuhan and Tongcheng production base projects [6]. - The timeline for the completion of several projects has been extended to December 2026 due to strategic adjustments and market conditions [8][9]. Board Decisions and Compliance - The board of directors approved the half-year report and the special report on the management and usage of raised funds, confirming that all disclosures were accurate and complete [19][20].

Group 1 - The company has decided to cancel 14.043 million stock options from the 2022 stock option incentive plan, which will not affect the stability of the management team or the company's financial status and operating results [1][2][4] - The board of directors and the supervisory committee have reviewed and approved the cancellation of stock options, confirming compliance with relevant regulations and that it does not harm the interests of shareholders, especially minority shareholders [2][3] - The legal opinion confirms that the cancellation has obtained necessary approvals and is in accordance with relevant laws and regulations [5] Group 2 - The company raised a total of approximately RMB 699.99 million through a non-public stock issuance, with a net amount of approximately RMB 689.75 million after deducting related issuance costs [8] - As of June 30, 2025, the company has effectively managed and utilized the raised funds, ensuring compliance with regulations and protecting investor interests [12][19] - The company has not used idle raised funds to temporarily supplement working capital or repay bank loans during the reporting period [20] Group 3 - The company has decided to change the use of part of the raised funds from the "annual production of 60 million polymer lithium battery smart factory expansion project" to the "annual production of 2GWh sodium-ion battery project," with the implementation location changed to Nanchang [25][26] - This adjustment is aimed at optimizing business structure and improving the efficiency of fund utilization, aligning with the company's operational needs and future development [27] - The company has confirmed that all disclosed information regarding the use of raised funds is timely, truthful, accurate, and complete, with no significant violations in fund usage [28]

Fundraising Overview - The company raised a total of RMB 701.18 million through the issuance of 7,011,800 convertible bonds, with a face value of RMB 100 each, as approved by the China Securities Regulatory Commission [1] - As of June 30, 2025, the company has utilized RMB 475.31 million of the raised funds, with a remaining balance of RMB 218.96 million [2][3] Fund Management - The company has established a fundraising management system to ensure the proper storage, approval, usage, and supervision of the raised funds, adhering to relevant laws and regulations [2] - A tripartite supervision agreement has been signed with the underwriter and the bank holding the funds, ensuring compliance with the Shanghai Stock Exchange's guidelines [2] Fund Usage - The company has not engaged in any pre-investment or replacement of fundraising projects during the reporting period [3] - A resolution was passed to temporarily use up to RMB 201.10 million of the remaining funds to supplement working capital, with a commitment to return the funds to the dedicated account within 12 months [3][4] Project Adjustments - The company has decided to change the use of surplus funds from the "Vietnam 100,000 Spindle Yarn Project" and "Shengzhou 22MWp Distributed Photovoltaic Power Station Project" to the "12.59 Ten Thousand Spindle Intelligent Spinning Project," with a total of RMB 204.55 million allocated for this purpose [4][6] - The project "Annual Production of 48,000 Tons of High-Grade Knitted Fabric Dyeing Production Line (Phase I) and Warehouse Construction" has been adjusted, with the total investment reduced from RMB 30.27 million to RMB 21.91 million, and the expected completion date extended to October 2025 [9][10] Compliance and Reporting - The company has complied with all relevant laws and regulations regarding the use and disclosure of raised funds, ensuring timely and accurate reporting of the fundraising status [4][5] - The company has not encountered any issues related to the use and disclosure of raised funds during the reporting period [4][5]

江苏中天科技股份有限公司 关于募集资金年度存放与使用情况的专项报告 证券代码：600522 证券简称：中天科技 公告编号：临2025-059 对于变更后的募集资金投资项目——"新能源用环保型光电缆项目"，公司、 中天科技海缆股份有限公司就变更投向后50,000.00万元募集资金的监管，与交通 银行股份有限公司南通分行及保荐机构（主承销商）高盛中国，于2023年6月27 日签订了《募集资金专户存储之监管协议》，协议内容与《募集资金专户存储三 方监管协议（范本）》不存在重大差异。 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、准确性和完整性承担法律责任。 根据中国证券监督管理委员会（"中国证监会"）《上市公司募集资金监管 规则》《上海证券交易所上市公司自律监管指引第1号——规范运作》等规定， 现将江苏中天科技股份有限公司（"中天科技股份"或"公司"）2019年公开发 行可转换公司债券募集资金（"2019年期募集资金"）在2025年1-6月的存放与 使用情况分别进行说明。 对于变更后的募集资金投资项目——"特高压复合绝缘子及避雷器研发生产 一期项目"，公司、江 ...

Fundraising Overview - The company raised a total of RMB 76,185.63 million from its initial public offering, with a net amount of RMB 67,856.04 million received by February 27, 2025 [1] - As of June 30, 2025, the remaining balance of the raised funds is RMB 40,029.62 million after deducting issuance costs and direct investments [1][5] Fund Utilization - The company has invested RMB 27,850.34 million into fundraising projects as of June 30, 2025 [1][5] - The company plans to use RMB 2,868.07 million of the raised funds to replace self-raised funds previously invested in projects and to cover issuance costs [5] Fund Management - The company has established a dedicated management system for the raised funds, ensuring compliance with relevant regulations [1] - A tripartite supervision agreement has been signed with the sponsoring institution and banks to regulate the storage and use of the raised funds [2] Project Changes - The company approved a change in the implementation subject of the "Digitalization and R&D Center Construction Project" to include multiple subsidiaries [3] - The company has also decided to reallocate RMB 1,900 million from the "Automobile Wheel Assembly Project" to a new project for producing automotive styling components [10] Cash Management - The company has utilized idle raised funds for cash management, investing up to RMB 30,000 million in financial products while ensuring the safety of the funds [5][6] - As of June 30, 2025, the balance of structured deposits from idle funds is RMB 29,900 million [6][7]

Fundraising Overview - The company raised a total of RMB 1,268,352,723.15 through a non-public offering of 100 million shares at RMB 12.80 per share, approved by the China Securities Regulatory Commission [1] - As of June 30, 2025, the company has invested RMB 327,656,254.14 in fundraising projects, with RMB 61,156,697.46 specifically allocated to fundraising projects [1][3] Fund Management - The company has established a fundraising management method in compliance with relevant laws and regulations to protect investor rights [1] - As of August 21, 2023, the company signed tripartite supervision agreements with several banks to manage the fundraising [1] Actual Use of Funds - The company has temporarily supplemented working capital with RMB 40 million of idle funds, which has not yet been repaid as of June 30, 2025 [2][4] - The company has also engaged in cash management for idle funds, with an amount of RMB 40 million not yet recovered [4] Changes in Fundraising Projects - The company approved a change in the use of part of the fundraising for the "Automobile and Green Energy Aluminum Industry Park Project" instead of the original "Annual Production of 250,000 Tons of New Energy Battery Materials Project" [1][4] - The change was approved during the second extraordinary general meeting of shareholders on December 17, 2024, with a focus on maximizing fund efficiency [4]

Fundraising Overview - The company raised a total of RMB 1,854,157,424.00 from the public offering of 27,806,800 shares at a price of RMB 66.68 per share, with a net amount of RMB 1,709,292,953.28 after deducting issuance costs [1] - As of June 30, 2025, the company has invested RMB 1,068,791,172.99 in projects funded by the raised capital [2] Fund Management - The company has established a fundraising management system to ensure the proper use of raised funds, adhering to principles of regulation, safety, efficiency, and transparency [2] - Multiple special accounts for fundraising have been opened at various banks, including Shanghai Pudong Development Bank and China Merchants Bank, with a tripartite supervision agreement in place [3][4] Fund Usage and Status - As of June 30, 2025, the balance of the fundraising accounts was RMB 85,727,172.32, with additional investments in financial products totaling RMB 610 million [6][15] - The company has utilized part of the idle funds for cash management, generating a total of RMB 164,120,630.38 in investment income by June 30, 2025 [15] Project Investment and Adjustments - The company has made significant adjustments to its investment projects, including the termination of the East Dongying project due to regulatory and market conditions, reallocating funds to other projects [8][9] - The company has also postponed several projects, including the semiconductor materials research laboratory and the light-curing technology research center, due to various external factors and strategic realignments [10][12] Financial Performance - The company reported a total investment of RMB 59,317,808.84 in the current year, with a cumulative investment of RMB 1,128,108,981.83 in various projects [7][8] - The proportion of funds reallocated from the original investment projects reached 78.38% [7] Future Outlook - The company plans to continue its focus on the light-curing and semiconductor industries, with ongoing adjustments to its project timelines and investment strategies to align with market demands [11][14]

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]

Group 1 - The company raised a total of RMB 1,946,250,600.00 from its initial public offering in 2021, with a net amount of RMB 1,839,833,145.59 after deducting issuance costs [1][8] - The company has established a dedicated fund management system to ensure the proper use of raised funds, including signing tripartite supervision agreements with various banks [2][3] - As of June 30, 2025, the remaining balance of the funds raised from the 2021 IPO is RMB 171,943,594.51, which will be used for subsequent project payments [16] Group 2 - In 2022, the company raised RMB 875,265,903.88 through a private placement, with a net amount of RMB 869,789,923.41 after deducting issuance costs [8][9] - The company has not experienced any changes in the investment projects funded by the 2022 private placement [12] - The company has utilized all funds raised from the 2022 private placement as per the committed purposes, with no idle funds remaining [15][16] Group 3 - The company has made adjustments to its investment projects, including changing the "Science and Technology Innovation Center Construction Project" to the "Advanced Materials Innovation Base Project" [12][11] - The company has also decided to allocate surplus funds from the "Annual Production of 1,000 Tons of Functionalized Polyphenylene Ether Project" and "Annual Production of 3,000 Tons of Functional Sugar Project" to the new project [12][10] - The company has ensured compliance with the Shanghai Stock Exchange's regulations regarding the management and use of raised funds [2][4]