帕瓦股份公告称，公司拟终止首次公开发行股票募集资金投资项目"年产1.5万吨三元前驱体项目"，该 项目计划投资47,226.97万元，截至2025年11月30日累计投入19,093.98万元，剩余30,128.73万元。因行业 和市场环境变化，继续推进该项目可能效益不及预期、产生产能闲置。公司将剩余资金存放于专用账 户，前期资产将通过多种方式回收投资。2026年1月9日董事会已审议通过，尚需股东会审议。保荐机构 对该事项无异议。 ...

Core Viewpoint - The company announced the termination of a key regional branch construction project due to changes in macroeconomic and industry conditions, which affected the expected returns from the project [1] Fundraising and Investment - In 2022, the company raised a net amount of 941 million yuan through a private placement of shares [1] - As of September 30, 2025, a total of 448 million yuan has been invested in the fundraising projects [1] Project Termination - The terminated project was intended to invest 355 million yuan, with 3.516 million yuan already spent [1] - The remaining 351 million yuan will be kept in a dedicated fundraising account [1] - The termination of the project has been approved by the board of directors and is pending shareholder meeting approval [1]

宝胜股份12月15日公告，公司拟终止"年产20万吨特种高分子电缆材料项目"，节余募集资金2.57亿元及 孳息将用于永久补充流动资金。截至2025年11月30日，该项目已累计使用募集资金1.52亿元，调整后拟 使用募集资金投资金额4.09亿元。此次终止部分募投项目并将剩余募集资金永久补充流动资金事项尚需 提交公司股东会审议。 ...

12月12日，信邦智能连发两则公告，披露重大经营调整：一是审议通过终止两项募投项目，二是控股子公司珠海景胜科技有限 公司（以下简称"景胜科技"）被法院裁定受理破产清算申请。 终止两项募投项目优化资源配置 （一）募集资金及项目投入背景 信邦智能于2022年6月完成首次公开发行股票，募集资金总额约7.59亿元，扣除发行费用后实际净额6.79亿元，计划投向三大项 目：高端智能制造装备生产基地建设项目、智能制造创新研发中心项目、信息化升级建设项目。因实际募集资金净额低于预计 金额，公司此前已对部分项目拟投入资金进行调整。 （一）破产清算背景 信邦智能控股子公司景胜科技在清算过程中，因资产不足以清偿债务，经股东会决议后向法院申请破产清算。近日，广东省珠 海市中级人民法院已送达《民事裁定书》，正式受理景胜科技的破产清算申请，目前尚未指定破产管理人。 公告明确，本次事项不会对公司整体业务发展及盈利水平产生重大不利影响，不存在损害公司及股东利益的情况。 截至2025年11月30日，三大项目整体投资进度为41.72%。其中，拟终止的"智能制造创新研发中心项目"拟投入募集资金1.76亿 元，累计投入4325.33万元，投资进度2 ...

Core Viewpoint - The company has decided to terminate the "Phase I Construction Project of Aerospace Equipment Manufacturing Base" and will permanently allocate the remaining raised funds to supplement working capital [1] Group 1: Project Termination - The board of directors and the supervisory board have approved the termination of the aerospace equipment manufacturing base project [1] - The total planned investment for the project was 246 million yuan, with 190 million yuan intended to be funded from raised capital [1] - As of September 30, 2025, a total of 112 million yuan has been invested in the project, representing a progress rate of 59.08% [1] Group 2: Financial Implications - The remaining raised funds amount to 77.75 million yuan, which will be permanently reallocated to enhance the company's working capital [1]

南方财经11月19日电，唐人神（002567.SZ）公告称，其募投项目东冲三期生猪养殖基地建设项目因市 场环境变化，拟终止实施，并将剩余募集资金永久补充流动资金。截至2025年11月18日，该项目已投入 募集资金1,597.05万元，占计划总投资额的8.14%（项目总投资19,614.58万元），结余资金7,895.87万元 将用于永久补充公司流动资金。 此次变更主因系自2020年以来生猪行业产能大幅扩张，导致供需失衡，生猪价格持续低位运行，2023年 行业普遍亏损；叠加农业农村部于2024年修订《生猪产能调控实施方案》，公司基于谨慎性原则，分别 于2023年底、2024年底暂缓该项目实施。鉴于未来价格波动风险较大，继续推进项目难以保障经济效 益，公司决定终止该项目建设。 ...

Core Viewpoint - Yunnan Enjie New Materials Co., Ltd. reported a loss in the first half of 2025 and announced the termination of certain fundraising projects due to intensified competition in the lithium battery separator industry, which has led to declining prices and sustained pressure on profitability [1][2][3] Financial Performance - The company's revenue for the first half of 2025 was 5.763 billion yuan, an increase of 20.48% compared to the same period last year [2] - Gross margin decreased to 15.53%, down by 5.49 percentage points year-on-year [2] - Net profit was -132 million yuan, a decrease of 423 million yuan compared to the previous year [2] - Net cash flow from operating activities was 210 million yuan, down 86.46% year-on-year [2] - As of June 2025, the company's debt-to-asset ratio was 45.04%, an increase of 0.56 percentage points from the end of the previous year [2] Debt and Credit Rating - The individual credit rating of the company is rated at "aa" with a stable outlook for the main credit rating at "AA" [2] - The balance of the convertible bonds (Enjie Convertible Bonds) was 453 million yuan, maturing on February 11, 2026, with a latest conversion price of 32.01 yuan per share [2] Project Termination - The company plans to terminate the "Jiangsu Ruijie Power Automotive Lithium Battery Aluminum-Plastic Film Industrialization Project" and will permanently supplement the remaining raised funds of 284 million yuan into working capital [3] - The project was initially part of a non-public offering of A-shares in May 2023, with a total investment of 1.6 billion yuan, of which 566 million yuan had been invested by June 2025 [3] - The termination was primarily due to increased competition in the industry and the risk of not achieving expected investment returns [3] Future Outlook - New Century Rating indicated that the performance loss and project termination will not currently affect the company's credit quality, but they will continue to monitor the company's operational performance and liquidity changes [3]

Core Viewpoint - Chengdu Kunheng Shunwei Technology Co., Ltd. plans to terminate part of its fundraising projects, specifically the "Radio Testing Simulation Open Laboratory," and will continue to store the remaining raised funds in a dedicated account for future use [6][12][14]. Group 1: Meeting Arrangements - The company has established guidelines for the shareholder meeting to ensure order and efficiency, including identity verification for attendees [1][2]. - Shareholders must sign in and present necessary documentation before the meeting starts [2][5]. - The meeting will follow a predetermined agenda for discussing and voting on proposals [3][7]. Group 2: Proposal Details - The project to be terminated, "Radio Testing Simulation Open Laboratory," had an initial investment plan of 24.5898 million yuan and was intended to establish five laboratories across major cities [6][9]. - The project has seen a 27.22% investment progress, with 1.4443 million yuan still required for outstanding payments [9][10]. - The decision to terminate the project is based on a reassessment of market conditions and the company's current operational needs [10][11]. Group 3: Future Fund Management - Remaining funds from the terminated project will be stored in a dedicated account and used for future projects that align with the company's business needs [12]. - The company will conduct thorough feasibility analyses for any new investment projects to ensure they meet market demands and operational necessities [12][13]. - The decision to terminate the project and manage funds accordingly is deemed beneficial for resource allocation and aligns with the company's long-term development strategy [12][14].

Group 1 - The company plans to terminate the "Commercial Professional Pump Industrialization Project" and permanently supplement the remaining raised funds into working capital, pending shareholder approval [1] - The company raised a net amount of 512 million yuan through a private placement in 2021 [1] - As of June 30, 2025, a total of 486 million yuan has been invested in the fundraising project, achieving a progress rate of 94.94% [1] Group 2 - Reasons for termination include sufficient release of existing capacity, establishment of an overseas production base in Thailand, and industry growth falling short of expectations [1]

Fundraising Overview - The company has been approved to issue up to 33,201,000 new shares, ultimately issuing 21,405,636 shares at a price of RMB 28.03 per share, raising a total of RMB 599,999,977.08, with a net amount of RMB 589,055,124.31 after deducting related expenses [2][4][6] Fund Management - The company has established a fundraising management system to ensure the proper use of raised funds, implementing strict approval processes and dedicated account management [2][6] - A tripartite supervision agreement was signed with banks to oversee the management of the raised funds [3][4] Project Updates - In August 2023, the company approved changes to the implementation subject, location, investment structure, and funding method for the "Destination Charging Station Construction Project" [4][5] - By December 2023, the remaining funds were transferred to a dedicated account for the new implementation subject, Shanghai Qunying Junyue Energy Technology Co., Ltd. [5][6] Project Termination - In December 2024, the company concluded the "Destination Charging Station Construction Project" and terminated the "New Energy Vehicle Charging Equipment and Operation Platform Development Project," reallocating the remaining funds to supplement working capital [6][7] - The company completed all payments for contracts related to the terminated project and has since closed the corresponding fundraising accounts [7][8]