Core Viewpoint - The company, Xuan Ya International, announced changes to its fundraising projects to improve the efficiency of fund usage in response to market conditions and its development needs [1] Summary by Categories Project Adjustments - The original fundraising project "Full-Chain Immersive Content Marketing Platform Project" will undergo changes in construction content, implementation location,主体, and implementation period, with the total investment amount adjusted to 182.92 million yuan, of which 38.37 million yuan will be funded by the raised funds [1] - The original fundraising project "Giant Wave Technology Platform Upgrade Project" will be terminated [1] - A new fundraising project "InfinityAgent-AI Marketing Intelligent Interaction Center Construction Project" has been added, with a planned total investment of 177.03 million yuan, of which 139.33 million yuan will be funded by the raised funds [1] Fund Usage - After the changes to the fundraising projects, the company has 24.98 million yuan of raised funds without a clear purpose, which will be used to permanently supplement working capital for daily operations [1]

Core Viewpoint - XuanYa International (300612.SZ) announced changes to its fundraising projects to improve the efficiency of fund usage in response to market conditions and the company's development needs [1] Summary by Categories Project Adjustments - The original fundraising project "Full-Chain Immersive Content Marketing Platform Project" will undergo changes in construction content, implementation location,主体, and implementation period, with the total investment amount adjusted to 182.92 million yuan, of which 38.37 million yuan will be funded by raised funds [1] - The original fundraising project "Giant Wave Technology Platform Upgrade Project" will be terminated [1] - A new fundraising project "InfinityAgent-AI Marketing Intelligent Interaction Center Construction Project" has been added, with a planned total investment of 177.03 million yuan, of which 139.33 million yuan will be funded by raised funds [1] Fund Allocation - After the changes to the fundraising projects, the company has 24.98 million yuan of raised funds with no specific use, which will be allocated to permanently supplement working capital for daily operations [1]

Core Viewpoint - The company has approved a proposal to change the use of part of the raised funds, aiming to enhance the efficiency of fund utilization [1] Fund Utilization Changes - The total investment amount for the original project "Full-Chain Immersive Content Marketing Platform Project" is adjusted to 183 million yuan, with 38.365 million yuan planned to be used from the raised funds [1] - The original project "Giant Wave Technology Platform Upgrade Project" will be terminated [1] - A new project "Infinity Agent-AI Marketing Intelligent Interaction Center Construction Project" is introduced, with a planned total investment of 177 million yuan, of which 139 million yuan is expected to come from the raised funds [1] - The company plans to use 24.9838 million yuan of the unused raised funds to permanently supplement working capital [1]

Core Viewpoint - The company intends to extend the repayment of idle raised funds and continue using them for temporary working capital to address cash flow pressures due to overdue receivables from clients [4][5][7] Fundraising Overview - The total amount raised from the issuance of A-shares is approximately 294.90 million yuan, with a net amount of about 284.34 million yuan after deducting issuance costs [3] - As of July 18, 2025, the company has utilized approximately 92.88 million yuan of the raised funds, leaving about 203.03 million yuan temporarily idle [3][4] Previous Use of Idle Funds - In July 2024, the company approved the use of up to 100 million yuan of idle funds for temporary working capital, with a usage period not exceeding 12 months [4] Current Situation of Idle Funds - The company plans to extend the repayment of 100 million yuan of idle funds for an additional 12 months due to slower-than-expected cash inflow from overdue receivables [5][6] - The extension aims to maintain operational cash flow stability and improve the efficiency of fund usage [5][6] Justification for Extension - The company emphasizes that the use of idle funds will not affect the normal implementation of fundraising projects and is necessary to meet daily operational needs [5][6] - It is estimated that this temporary use of funds could save approximately 3 million yuan in financial costs over a year, based on current bank loan rates [5] Approval Process - The proposal for extending the repayment of idle funds has been approved by the company's board of directors, supervisory board, and independent directors, ensuring compliance with relevant regulations [6][7] - The independent directors and supervisory board agree that this decision will enhance fund utilization efficiency without harming the interests of shareholders [6][7]