Core Viewpoint - Zhenghe Ecology (605069.SH) announced the completion of fundraising projects aimed at enhancing ecological protection and environmental governance research capabilities, as well as information technology construction [1] Group 1 - The company plans to permanently supplement working capital with surplus raised funds amounting to 20.0972 million yuan, to maximize the efficiency of fund utilization [1] - The funds will be used for the company's daily production and operations, supporting sustainable and stable development [1]

Core Viewpoint - The company announced a delay in the completion dates of three fundraising projects due to the downturn in the real estate market, which has led to weak overall demand in the home furnishing sector [1] Group 1: Project Adjustments - The completion date for the "R&D Center Platform Project," "Brand Channel Construction Project," and "Information Technology Construction Project" has been postponed from the end of December 2025 to the end of December 2026 [1] - The adjusted investment amounts for these projects are 90.22 million yuan, 214.70 million yuan, and 54.10 million yuan, respectively [1] Group 2: Funding Sources and Usage - The funding for these projects will come from the net proceeds of the initial public offering, totaling 841.63 million yuan [1] - The company emphasizes that the delay does not involve changes to the implementation entities, the use of raised funds, or the scale of investment [1] Group 3: Impact and Future Plans - The company asserts that the delay will not adversely affect its main business or financial status, nor will it lead to a disguised change in the direction of the raised funds [1] - The company will continue to advance the implementation of the projects and ensure the rational use of the raised funds while fulfilling relevant information disclosure obligations [1]

Core Viewpoint - The company has announced a delay in the expected completion dates for several fundraising investment projects until the end of December 2026 [1] Group 1 - The board of directors approved the proposal to extend the timeline for the "Research and Development Center Project," "Brand Channel Construction Project," and "Information Technology Construction Project" [1]

Core Viewpoint - The company has decided to postpone the timeline for the completion of its fundraising projects to December 2027, based on a comprehensive assessment of its operational needs and external environment changes [1] Group 1: Project Details - The company will adjust the timeline for the "Information Technology Construction Project" and the "Chinese Herbal Medicine Slice Production Capacity Expansion Project" to be operational by December 2027 [1] - The decision to delay does not alter the content, total investment, implementation entity, or location of the fundraising projects [1] Group 2: Impact Assessment - The postponement is a prudent decision made in consideration of the company's actual operational situation and investment planning [1] - The delay is not expected to have a significant adverse impact on the implementation of the fundraising projects or the company's normal operations [1]

Core Viewpoint - The company is undergoing adjustments to its fundraising projects, including delays and changes in investment allocation, to enhance the efficiency of fund usage and align with its strategic development goals [1][19]. Fundraising Basic Situation - The company raised a total of RMB 10.53 billion through its initial public offering, with a net amount of RMB 10.35 billion available for investment [1]. - All raised funds have been deposited into a designated account approved by the board of directors, with a tripartite supervision agreement in place [1]. Fund Investment Project Situation - The funds are allocated to advanced and intelligent technology R&D projects, advanced manufacturing base projects, information technology construction projects, and working capital supplementation [2]. - As of June 30, 2025, a total of RMB 586.34 million has been utilized, representing 56.63% of the committed investment [2]. Delay of Fund Investment Projects - The company has decided to postpone the completion dates for the advanced technology R&D and information technology projects to December 2026 and June 2026, respectively, due to external environmental impacts [3][4]. Reasons for Project Delays - The adjustments are made to ensure the quality of project implementation and to meet the company's development requirements, without changing the project subjects or investment purposes [3][4]. Project Change Situation - The company plans to terminate the investment in the advanced manufacturing base project, reallocating the remaining funds to new projects, including digital transformation and technological upgrades for existing production lines [6][10]. New Investment Project Situation - New projects include the digital transformation of the rail control system and upgrades to cable production lines, with a total investment of RMB 61.55 million planned for these initiatives [9][10]. Impact of Project Changes - The changes are expected to enhance the efficiency of fund usage and align with the company's long-term development strategy, without affecting normal operations or shareholder interests [19][20]. Review Procedures and Opinions - The board and supervisory committee have approved the changes, confirming compliance with relevant regulations and emphasizing the benefits for shareholders [20][21].

Core Viewpoint - Rongmei Co., Ltd. has announced adjustments to its fundraising project investments, reallocating surplus funds to permanently supplement working capital [2] Group 1: Fundraising Project Adjustments - The company will reduce the investment amount for the "Information Technology Construction Project" from 50.2346 million yuan to 7.8 million yuan [2] - The investment amount for the "Exhibition Center Construction Project" will be decreased from 92.5271 million yuan to 32 million yuan [2] - Both projects have reached the expected usable status and will be concluded following the adjustments [2] Group 2: Surplus Fund Allocation - The total surplus funds from the two projects amount to 117.8027 million yuan, which includes net income from financial management and bank interest after deducting bank fees [2] - The company will use the entire surplus for permanent working capital supplementation [2] - The "Design and R&D Center Construction Project" has also reached the predetermined usable status, and the board has approved its conclusion, reallocating surplus funds of 4.1803 million yuan for daily operational activities [2]