Core Viewpoint - The company has reported on the status of its fundraising and the use of raised funds, highlighting the completion of several investment projects and the reallocation of surplus funds to enhance operational efficiency and meet market demands [3][16][21]. Group 1: Fundraising Overview - The company raised a total of RMB 3,201,044,000 through the issuance of 41,800,000 shares at a price of RMB 76.58 per share, with a net amount of RMB 3,035,261,414 after deducting issuance costs [3][16]. - The funds were fully deposited into a designated account by August 10, 2021, and have been verified by an accounting firm [3][16]. Group 2: Fund Usage and Surplus - As of June 30, 2025, the company has utilized RMB 2,165,506,830.13 of the raised funds, with a remaining balance of RMB 163,051,907.75 [5][6]. - The company has implemented a management system for the raised funds to ensure compliance with regulations and protect investor interests [5][6]. Group 3: Project Completion and Fund Reallocation - The company has completed the "Smart Audio Chip R&D and Industrialization Project," "5G RF Device R&D and Industrialization Project," and "Motor Driver Chip R&D and Industrialization Project," allowing for the reallocation of surplus funds to the "High-Performance Analog Chip R&D and Industrialization Project" [16][21]. - The surplus funds amounting to RMB 20,075.57 million will be used to support further R&D and upgrades in the high-performance analog chip sector [21][23]. Group 4: Project Delays and Adjustments - The timeline for the "High-Performance Analog Chip R&D and Industrialization Project" has been extended to December 2027 to accommodate market demands and project complexities [23][25]. - The company has made adjustments to its project plans based on market conditions and strategic goals, ensuring efficient resource allocation [21][23]. Group 5: Monitoring and Compliance - The company has established monitoring protocols and agreements with banks to ensure the proper use of raised funds, complying with regulatory requirements [5][6][46]. - The board and supervisory committee have approved the use of idle funds for temporary operational needs, ensuring that this does not affect the planned investment projects [38][52].

Core Viewpoint - Aiwai Electronics announced the completion of several fundraising projects and the reallocation of surplus funds to other projects, indicating a strategic shift in investment focus [2] Summary by Relevant Sections - **Completion of Fundraising Projects** - The company has completed and achieved the intended usable status for the projects: "Intelligent Audio Chip R&D and Industrialization," "5G RF Device R&D and Industrialization," and "Motor Driver Chip R&D and Industrialization" [2] - **Reallocation of Surplus Funds** - Surplus funds from the completed projects will be redirected to the "High-Performance Analog Chip R&D and Industrialization Project" [2] - **Project Extension** - The "High-Performance Analog Chip R&D and Industrialization Project" has been approved for an extension [2] - **No Shareholder Meeting Required** - The decisions made regarding the projects do not require submission for shareholder meeting approval [2]

Fundraising Overview - The actual net amount raised after deducting underwriting fees was RMB 3,035,261,414.64, with the funds deposited in the designated bank account on August 10, 2021 [1] - As of June 30, 2025, the company had used a total of RMB 2,165,506,830.13 of the raised funds, with a remaining balance of RMB 163,051,907.75 [1][3] Fund Usage and Management - The company has established a management system for the use of raised funds, which was updated multiple times, with the latest update approved on February 5, 2024 [1] - The company has used RMB 338,271,818.13 of the raised funds in the current year, with no prior year usage reported for this period [1][7] - The company temporarily used RMB 60 million of idle raised funds to supplement working capital, which was fully returned by August 8, 2025 [3] Investment Projects - The company has not made any early investments or replacements for the fundraising projects during the reporting period [3][5] - The company has approved the use of idle funds for cash management, with a total of RMB 250 million allocated to various financial products [4][5] Changes in Fundraising Projects - The company has not used any excess funds for permanent working capital or loan repayments during the reporting period [5][6] - There were no instances of surplus funds being used, and the company has not reported any changes in the feasibility of projects [5][8] Project Implementation and Adjustments - The company has added several subsidiaries as implementation entities for various fundraising projects, including smart audio chip development and 5G RF device development [6] - The company has made adjustments to project timelines and funding allocations due to changes in market conditions and strategic planning [8][9]

证券代码：688798 证券简称：艾为电子 公告编号：2025-043 上海艾为电子技术股份有限公司 关于部分募投项目结项并将节余募集资金用于其他 募投项目及部分募投项目延期的公告 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、准确性和完整性依法承担法律责任。 重要内容提示： 届董事会第十三次会议、第四届监事会第十二次会议，审议通过了《关于部分募投 项目结项并将节余募集资金用于其他募投项目及部分募投项目延期的议案》。 公司募集资金投资项目（以下简称"募投项目"）"智能音频芯片研发和产业 化项目"、"5G射频器件研发和产业化项目"和"马达驱动芯片研发和产业化项目" 已完成并达到预定可使用状态，同意公司将"智能音频芯片研发和产业化项目"、 "5G射频器件研发和产业化项目"和"马达驱动芯片研发和产业化项目"予以结项， 并将节余募集资金投入募投项目"高性能模拟芯片研发和产业化项目"；同时，同 意将"高性能模拟芯片研发和产业化项目"进行延期。 保荐机构中信证券股份有限公司（以下简称"保荐机构"）对上述事项出具了明 确的核查意见，该事项无需提交公司股东大会审议。现将具 ...

Summary of Key Points Core Viewpoint The company has completed certain fundraising projects and plans to allocate surplus funds to other investment projects while also postponing some projects based on practical considerations and market demands [2][6][9]. Fundraising Overview - The company raised a total of RMB 3,201,044,000 by issuing 41.8 million shares at a price of RMB 76.58 per share, with a net amount of RMB 3,035,261,414.64 after deducting issuance costs [2][3]. - The total investment amount for the initial projects was RMB 246,813.72 million, all funded by the raised capital [3]. Investment Project Updates - The company has decided to use the remaining surplus funds of RMB 47,220 million for new projects, with a total planned investment of RMB 47,747.45 million [3][5]. - The investment in the "Electronic Engineering Testing Center Construction Project" has been adjusted, increasing its total investment from RMB 73,858.20 million to RMB 94,041.80 million [3][4]. Surplus Fund Utilization - The surplus funds from completed projects amount to RMB 21,043.78 million, with plans to allocate RMB 20,075.57 million to the "High-Performance Analog Chip R&D and Industrialization Project" [5][6]. - The company emphasizes efficient use of funds and has implemented strict cost control measures during project execution [4][5]. Project Postponement - The timeline for the "High-Performance Analog Chip R&D and Industrialization Project" has been extended to December 2027 due to the need for further market analysis and product optimization [7][8]. - The postponement is deemed necessary to ensure the project aligns with market demands and does not adversely affect the company's operations [8]. Approval Process - The decisions regarding project completion, fund allocation, and postponement have been reviewed and approved by the company's board and supervisory committee, ensuring compliance with regulatory requirements [9][10].

Group 1 - The company, Aiwei Electronics (688798.SH), has completed its fundraising investment projects, including the "Smart Audio Chip R&D and Industrialization Project," "5G RF Device R&D and Industrialization Project," and "Motor Driver Chip R&D and Industrialization Project," which have reached the predetermined usable status [1] - The company has agreed to conclude the aforementioned projects and allocate the remaining raised funds to the "High-Performance Analog Chip R&D and Industrialization Project" [1] - Additionally, the company has decided to postpone the "High-Performance Analog Chip R&D and Industrialization Project" [1]

Core Viewpoint - The report provides a comprehensive overview of the fundraising activities and the utilization of funds by Shanghai Aiwei Electronics Technology Co., Ltd. as of June 30, 2025, ensuring compliance with regulatory guidelines and reflecting the company's financial management practices [1][3]. Fundraising Overview - The total amount raised through the public offering was RMB 3,201,044,000, with a net amount of RMB 3,035,261,414 after deducting issuance costs [3]. - The funds were deposited into a designated bank account, with specific details on the account balances and management practices outlined [3]. Fund Utilization - As of June 30, 2025, the company had utilized RMB 2,165,506,800, accounting for 71.34% of the net fundraising amount, with a remaining balance of RMB 984,051,900 [12]. - The company adjusted the investment amount for the "R&D Center Construction Project" from RMB 408.25 million to RMB 218.92 million, reallocating the remaining funds to the "Electronic Engineering Testing Center Construction Project" [4]. Temporary Fund Management - The company approved the temporary use of idle funds, allowing up to RMB 780 million for operational needs, which was fully returned by August 22, 2022 [5]. - A subsequent approval allowed for the use of up to RMB 600 million in idle funds, which was also returned by August 15, 2024 [6][8]. Cash Management - The company engaged in cash management activities, utilizing idle funds for purchasing low-risk financial products, with a total of RMB 250 million allocated for such investments as of June 30, 2025 [12][10]. Project Adjustments and Economic Benefits - The company has made adjustments to project timelines, extending the expected completion date for the "Electronic Engineering Testing Center Construction Project" from August 2024 to March 2026 [4]. - Several projects, including the R&D Center and various chip development initiatives, are still under construction and do not yet generate direct economic benefits [18]. Compliance and Reporting - The report confirms that the actual use of funds aligns with previously disclosed information, ensuring transparency and adherence to regulatory requirements [19].

Core Viewpoint - The company announced adjustments and delays to certain fundraising projects to improve the efficiency of fundraising usage while keeping the total amount unchanged [1][2]. Fundraising Basic Situation - The company raised a total of RMB 3,201,044,000 from its initial public offering, with a net amount of RMB 3,201,044,000 after deducting issuance costs [1]. Fundraising Investment Project Situation - The total investment amount for the projects is RMB 246,813.72 million, with the company planning to use the remaining over-raised funds of RMB 47,220.00 million for new projects [2]. - The company decided to allocate approximately RMB 20,183.60 million from remaining funds to the "Electronic Engineering Testing Center Construction Project," increasing its total investment from RMB 73,858.20 million to RMB 94,041.80 million [2]. Fundraising Usage Situation - As of June 30, 2025, the cumulative investment amount reached RMB 294,561.17 million, with RMB 206,546.28 million from the raised funds [4]. Adjustment of Fundraising Project Sub-items - The company adjusted the investment amounts for several projects, including increasing the investment for high-voltage BCD advanced process from RMB 6,500 million to RMB 14,000 million [4]. - The investment for the RiscV architecture SoC platform was reduced from RMB 4,800 million to RMB 2,000 million due to market conditions [4]. Delay of Fundraising Projects - The company plans to delay the expected completion date for the "Development and Technology Reserve Fund Project" from August 2025 to August 2026 [6]. - The delay is attributed to changes in the macro market environment, industry technology development, and the company's strategic adjustments [6]. Measures to Ensure Timely Completion - The company will closely monitor industry trends and market changes, optimize resource allocation, and strengthen project supervision to ensure timely completion of fundraising projects [7]. Impact of Project Delay - The delay is a prudent decision based on actual project progress and will not adversely affect the implementation of fundraising projects or harm shareholder interests [7][8].

Summary of Key Points Core Viewpoint The report outlines the usage and management of funds raised by Shanghai Aiwei Electronics Technology Co., Ltd. through its initial public offering, detailing the allocation, changes in investment projects, and the financial status of these funds as of June 30, 2025. Group 1: Fundraising and Management - The company raised a total of RMB 3,035,261,414.64 after deducting issuance costs, with the funds verified by Daixin Accounting Firm [1]. - All raised funds are stored in designated special accounts, with specific balances reported for various bank accounts as of June 30, 2025 [2]. Group 2: Actual Use of Funds - As of June 30, 2025, the company has utilized RMB 216,550.68 million of the raised funds, accounting for 71.34% of the net amount raised [9]. - The remaining funds amount to RMB 98,405.19 million, which will continue to be used for investment projects [9]. Group 3: Changes in Investment Projects - The company approved a reduction in the investment for the "R&D Center Construction Project" from RMB 408.2476 million to RMB 218.9229 million, reallocating the remaining funds to the "Electronic Engineering Testing Center Construction Project" [3][4]. - The completion date for the "Electronic Engineering Testing Center Construction Project" has been extended from August 2024 to March 2026 due to its complexity [4]. Group 4: Temporary Use of Idle Funds - The company has temporarily used up to RMB 78 million of idle funds for operational purposes, with a commitment to return these funds within 12 months [5][6]. - As of August 17, 2023, the company has fully returned RMB 60 million of temporarily used funds to the special account [6]. Group 5: Cash Management of Idle Funds - The company has approved the use of idle funds for cash management, allowing up to RMB 2.6 billion for purchasing safe and liquid financial products [7][8]. - As of June 30, 2025, the balance for cash management products was RMB 250 million, with all unused funds stored in designated accounts [9]. Group 6: Economic Benefits from Investment Projects - The projects funded by the raised capital, including the R&D Center and Electronic Engineering Testing Center, have not yet generated direct economic benefits as they are still under development [11]. - The expected internal rate of return for various projects, such as the smart audio chip and motor driver chip projects, is projected to be around 25.21% and 26.66% respectively [11].