Core Viewpoint - Greebo (301260.SZ) has experienced a significant decline in stock price, currently trading at 17.53 yuan, reflecting a drop of 12.48% and is now in a state of loss since its IPO [1] Group 1: IPO Details - Greebo was listed on the Shenzhen Stock Exchange's ChiNext board on February 8, 2023, with an issuance of 12.154 million shares at an initial price of 30.85 yuan per share [1] - The stock reached its highest price of 41.88 yuan on February 9, 2023, the day after its listing [1] - The total funds raised from the IPO amounted to 374.95 million yuan, with a net amount of 354.44 million yuan after deducting issuance costs, exceeding the original plan by 8.84 million yuan [1] Group 2: Fund Utilization - The funds raised are intended for several projects, including the construction of a smart manufacturing base for 5 million units of new energy garden machinery, production of 30,000 units of new energy unmanned lawn mowers, and 50,000 lawn robots, as well as the establishment of a research center for new energy smart garden machinery [1] - Additional allocations include working capital and repayment of bank loans [1] Group 3: Underwriting Fees - The total issuance costs amounted to 20.51 million yuan, with 16.12 million yuan allocated to the underwriting and sponsorship fees for CITIC Securities [2]

Group 1 - The company Greebo stated that as of June 30, 2025, the cumulative investment in the new energy autonomous lawn mower and lawn robot manufacturing project will account for 42.47% of the total investment [1] - By August 2025, the project will have new implementing entities including Geteng Automotive, Vika Plastics, Bokan Electronics, and American MFG, indicating an expansion of project management [1] - The company aims to accelerate the progress of the fundraising project based on the needs of project construction and the principle of improving the efficiency of fundraising fund utilization [1]

Core Viewpoint - The company Greebo (301260.SZ) is progressing on its manufacturing project for 30,000 new energy autonomous lawn mowers and 50,000 lawn robots, with 42.47% of the total investment completed by June 30, 2025 [1] Group 1 - As of June 30, 2025, the cumulative investment in the project for the production of 30,000 new energy autonomous lawn mowers and 50,000 lawn robots has reached 42.47% of the total investment amount [1] - The project has added new implementation entities including Geteng Automotive, Vika Plastics, Bokan Electronics, and MFG from the United States as of August 2025 [1] - The company plans to accelerate the progress of the fundraising project based on the needs of project construction and aims to improve the efficiency of fundraising utilization [1]

Core Points - Greebo (301260.SZ) closed at 21.91 yuan, experiencing a decline of 8.44%, currently in a state of breaking issue [1] - The company was listed on the Shenzhen Stock Exchange's ChiNext on February 8, 2023, with an issuance of 12.154 million shares at a price of 30.85 yuan per share [1] - The stock reached its highest price of 41.88 yuan on February 9, 2023, the day after its listing [1] - Greebo's total fundraising amount was 374.95 million yuan, with a net amount of 354.44 million yuan after deducting issuance costs, exceeding the original plan by 8.84 million yuan [1] - The funds raised are intended for various projects, including the construction of a smart manufacturing base for 5 million pieces of new energy garden machinery and the development of new energy unmanned lawn mowers [1] Financial Details - The total issuance costs amounted to 20.51 million yuan, with Citic Securities receiving 16.12 million yuan as underwriting and sponsorship fees [2]