阿科力公告，公司第五届董事会第七次会议审议通过议案，同意将向特定对象发行股票募集资金投资项 目"年产2万吨 聚醚胺项目"调整为"年产1万吨聚醚胺项目"，调减投资金额并对达到预定可使用状态的 时间进行延期。募集资金总额为人民币2.15亿元，实际募集资金净额为人民币2.07亿元。截至2025年10 月31日，募投项目累计投资金额为1.57亿元。调整后项目投资总额为2.47亿元，预计达到可使用状态时 间为2026年12月。 ...

德业股份公告称，2024年公司向特定对象发行35,997,120股，募集资金总额19.99亿元，净额19.92亿元。 2025年公司经审议同意终止"年产25.5GW组串式、储能式逆变器生产线建设项目"，新增"年产7GWh工 商储生产线项目"。截至公告披露日，交通银行宁波北仑支行、建行宁波大碶支行、农行宁波大碶支行 的3个募集资金专户余额为0，已办理销户，三方监管协议终止。 ...

Core Viewpoint - The company has raised 3 billion yuan but has only utilized 4.46 billion yuan over 16 months, leading to over 80% of the funds remaining idle, raising concerns about project delays and adjustments [1][2][3] Fundraising and Utilization - In July 2024, the company completed a major capital operation, raising 3 billion yuan through a share issuance to acquire stakes in Changfei Group and Hafei Group, with a net amount of 2.968 billion yuan received [2][3] - As of November 14, 2025, only 4.46 billion yuan has been used, representing a mere 15.01% of the total funds raised, with over 25 billion yuan remaining idle [3][4] Project Adjustments - The company has made significant adjustments to its fundraising projects, involving changes to 11 existing projects and the introduction of 3 new projects, which has drawn industry attention [4][5] - Key projects such as the "Aviation Maintenance Capability Construction Project" and "New Helicopter Development Support Capability Construction Project" have had their completion dates extended by over a year [5][6] Financial Performance - In 2022, the company experienced a revenue decline of 10.63% to 19.473 billion yuan and a net profit drop of 57.61% to 387 million yuan, attributed to product structure adjustments and reduced orders [7][8] - Despite a revenue rebound in 2023 to 23.33 billion yuan, net profit still fell by 10.58% to 347 million yuan, indicating ongoing financial pressures [7][8] - The company reported a significant drop in gross margin to 6.28% in 2025, down 6.81 percentage points year-on-year, reflecting weakened core operating profitability [8]

根据公司现阶段发展需求，公司拟终止2020年可转债募投的"祥鑫科技大型高品质精密汽车模具及零部 件技改项目"，并将剩余募集资金1.18亿元，用于建设2022年定增募投项目"东莞储能、光伏逆变器及动 力电池箱体生产基地建设项目"。 对于调整原因，公司介绍，祥鑫科技大型高品质精密汽车模具及零部件技改项目在实际执行过程中，因 受国际贸易争端、宏观经济波动、行业内整体市场需求变化、上下游行业周期性变化等影响，出于谨慎 性原则，公司审慎规划使用募集资金，放缓了对该项目的场地、设备、人员等的持续扩充和投入，所对 应计划投入的募集资金尚未使用完毕。 祥鑫科技指出，经评估，如果继续按原计划实施"祥鑫科技大型高品质精密汽车模具及零部件技改项 目"，短期内难以对公司现有业务产生直接经济贡献，长期来看对公司业务规模、经营效益的提升作用 也有限，不符合公司长远规划及全体投资者的利益。 公告显示，祥鑫科技2020年完成可转债发行，募资6.47亿元；2022年，公司以每股33.69元向特定对象发 行2600万股，募集资金总额为8.76亿元。 截至2025年11月26日，公司可转债募投项目中，宁波祥鑫精密金属结构件生产基地建设项目累计投入 ...

股票简称：动力新科 动力B股 股票代码：600841 900920 编号：临2025-074 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。 上海新动力汽车科技股份有限公司（以下简称"公司"）董事会2025年度第六次临时会议于2025年12月3 日以通讯表决方式召开。本次会议应出席董事7名，实际出席7名。会议符合《公司法》及《公司章程》 的有关规定。经与会董事审议，通过如下议案： 一、关于部分募投项目结项、取消及调整部分募集资金用途的议案 同意取消上汽红岩"新一代智能重卡"募投项目，并将上汽红岩募集资金剩余额度37,515.22万元永久补充 上汽红岩流动资金；同意将公司部分募投项目结项后的节余金额16,723.57万元中的7,718.02万元用于船 电新一代大马力发动机类项目之"20VK电站产品开发项目"，并将剩余的9,005.55万元用于永久补充公司 流动资金。 本议案已经公司独立董事2025年度第四次专门会议和董事会战略委员会 2025 年度第三次会议、董事会 审计委员会 2025 年度第五次会议事前认可并审议通过。本议案 ...

此次变更主因系燃气表市场需求结构发生变化，超声波燃气表逐步替代传统膜式燃气表成为行业趋势， 公司相应压缩原有产线投资规模；同时，公司通过与下游燃气运营商设立合资公司方式拓展市场，减少 了对自有产能扩张的依赖。 南方财经12月4日电，真兰仪表（301303.SZ）公告称，其募投项目真兰仪表科技有限公司燃气表产能扩 建项目因市场环境变化及产品更新迭代加快，拟调整资金用途，将部分募集资金变更为新建水表生产基 地项目，并永久补充流动资金。截至2025年11月30日，该项目已投入募集资金25,077.55万元，占计划募 集资金投资额77,625.00万元的32.31%，结余资金52,547.45万元中，38,000.00万元将用于真兰仪表新建 水表生产基地项目，其余14,547.45万元及相应利息和理财收益将永久补充流动资金。 ...

Core Viewpoint - The company announced changes to its fundraising projects, including the completion and adjustment of certain projects, as well as the permanent allocation of surplus funds to working capital due to unmet market demand and increased competition in the pharmaceutical industry [1][4][6]. Fundraising Project Adjustments - The company plans to permanently allocate surplus fundraising of 45.7502 million yuan to working capital, which accounts for 6.20% of the net fundraising amount [2][4]. - The "Pharmaceutical Packaging Folding Box Expansion and Intelligent Manufacturing Project" will be concluded, with total investment reduced from 280.2 million yuan to 49.37 million yuan, and the use of fundraising decreased from 87.5326 million yuan to 42.0384 million yuan [3][4]. - The "Global Printing Expansion and Green Packaging Intelligent Manufacturing Industrial Park (Phase I) Project" has been postponed to December 2027 due to similar reasons of unmet demand and competition [5][6]. Financial Performance and Legal Issues - The company has faced two consecutive years of losses, with a significant decline in revenue and a net profit loss of 20.0619 million yuan in the first three quarters of the year, a 44.12% decrease in revenue year-on-year [8]. - The company is involved in a legal dispute concerning a claim of approximately 332.6 million yuan related to a subsidiary's loan default, which has added to its operational challenges [7][8].

Core Viewpoint - Xi'an Global Printing Co., Ltd. has approved several important proposals, including the structural adjustment of certain fundraising projects, the conclusion of a pharmaceutical packaging project, and the extension of the timeline for a green packaging industrial park project, aimed at optimizing fund usage efficiency and aligning with current operational needs [1][2][4]. Fundraising Project Structural Adjustment - The company has decided to conclude the "Pharmaceutical Packaging Folding Box Expansion and Intelligent Manufacturing Project," releasing surplus funds of 45.75 million yuan (approximately 6.20% of the net fundraising amount) to permanently supplement working capital [2][4]. - This decision is based on strategic planning and actual operational conditions, aiming to enhance the efficiency of fund usage by reallocating idle funds to core business operations [2][4]. Green Packaging Industrial Park Project Extension - The board has approved an extension of the timeline for the "Global Printing Expansion and Green Packaging Intelligent Manufacturing Industrial Park (Phase I) Project," without changing the project location,主体, investment total, or content [3]. - This extension is intended to ensure project quality and long-term benefits, avoiding resource waste from hasty construction [3]. Proposal Review Results and Future Arrangements - The proposal regarding the adjustment of fundraising projects was passed with 7 votes in favor, requiring further review by the shareholders' meeting [4]. - The company will hold the third extraordinary shareholders' meeting of 2025 to ensure shareholders can exercise their voting rights, with details to be disclosed later [4].

Core Viewpoint - Panda Dairy has repeatedly adjusted its fundraising projects, reflecting a decline in traditional business growth and low capacity utilization [1][3][4] Group 1: Fundraising Project Adjustments - On November 17, Panda Dairy announced a change in its fundraising project, increasing the capacity of the "Ding'an 10,000 tons food raw material project" and reallocating 20 million yuan from the "Cangnan 30,000 tons concentrated dairy product project" to this new project [1] - Since its IPO in October 2020, Panda Dairy has made multiple adjustments to its fundraising projects, including reducing the investment in the Cangnan project and introducing new projects due to lower-than-expected fundraising amounts [2][3] - The Cangnan project, originally scheduled to be operational by June 2022, has faced delays, with the completion date now pushed to June 2026, indicating ongoing challenges in project execution [3] Group 2: Capacity Utilization and Sales Performance - As of 2024, Panda Dairy's total designed production capacity across its three bases is 63,000 tons, but actual production is only 41,300 tons, resulting in a capacity utilization rate of 66%, down 13 percentage points from 2023 [3] - The sales growth of concentrated dairy products has been sluggish, with only a 3.6% increase in the first half of the year, while other product lines like coconut products saw a significant increase of 113.73%, albeit from a smaller base [3][6] - The concentrated dairy product segment, which contributed 77% of revenue in 2024, has faced declining growth rates, with a 10.06% drop in 2024 and only a 3.8% increase in the first half of the current year [5][6] Group 3: Management and Shareholder Actions - The management has set modest growth targets in its 2025 stock incentive plan, aiming for a revenue growth rate of at least 7% in 2026 and 14% in 2027, without setting a net profit growth target, which may indicate a lack of optimism about short-term growth [1][7] - Shareholder sentiment appears to be declining, with significant reductions in holdings by major shareholders since late 2024, suggesting a lack of confidence in the company's future performance [8]

Group 1 - The company held its fourth board meeting on November 17, 2025, where several key resolutions were passed, including changes to investment projects and financial arrangements [2][4][6] - The board approved a significant change to the "Optical Lens and Module Capacity Expansion Project," increasing the total investment from 289.23 million RMB to 865.84 million RMB and extending the project timeline from 2 years to 3 years [3][10][14] - The company plans to use 106.07 million RMB of excess raised funds for additional investments in the project [3][10] Group 2 - The company will apply for a bank loan of up to 480 million RMB, with a term not exceeding 10 years, to fund the construction of the new R&D and manufacturing headquarters [5][32][36] - The board approved an increase in the independent director's allowance from 60,000 RMB to 72,000 RMB per year, effective upon approval at the upcoming shareholder meeting [7][38][39] - A temporary shareholder meeting is scheduled for December 5, 2025, to review the resolutions passed by the board [41][42][47] Group 3 - The project aims to establish a new R&D and manufacturing headquarters in Zhongshan, which will enhance production capacity and operational stability by moving away from leased facilities [10][12][17] - The project is expected to significantly increase production capacity, adding approximately 38.94 million units of optical lenses and modules, which aligns with the company's strategic growth plans [14][18][21] - The company has a strong customer base in high-growth markets such as smart homes and automotive, which will support the absorption of the new production capacity [22][23]