Core Viewpoint - The company has completed its fundraising project and will permanently supplement its working capital with the remaining funds of 292.742 million yuan, which includes interest income [8][13][14]. Financial Data - The company raised a total of 1,080 million yuan from its initial public offering, with a net amount of 1,058.279 million yuan after deducting issuance costs [9]. - The remaining funds from the fundraising project amount to 292.742 million yuan, which will be used for daily operations [8][12]. Fundraising Project Details - The company has completed the fundraising projects related to the development of new processors and has decided to conclude these projects [10][14]. - The remaining funds were primarily generated from interest income during the period the funds were held [12]. Approval Process - The board of directors approved the conclusion of the fundraising project and the use of remaining funds in a meeting held on October 15, 2025 [14]. - The sponsor institution has confirmed that the approval process was followed and that the decision aligns with regulatory requirements [15][16].

Company Overview - Haiguang Information's stock price as of August 26, 2025, is 197.23 yuan, down 12.87 yuan from the previous trading day [1] - The company operates in the semiconductor industry, focusing on the research, design, and sales of high-end processors for servers and workstations [1] - Haiguang's product offerings include general-purpose processors and co-processors, primarily used in cloud computing, big data processing, and artificial intelligence [1] Industry Insights - The Chinese accelerated chip market is projected to exceed 2.7 million units in 2024, with domestic brands accounting for 30% of the shipment volume [1] - As a representative of domestic computing power chip manufacturers, Haiguang adopts GPGPU technology and its products are compatible with the DeepSeek model ecosystem [1] - Tencent has indicated in a recent earnings call that it will consider using Haiguang and other domestic manufacturers' inference chips to meet computing power demands [1] Market Activity - On August 26, the net outflow of main funds was 616 million yuan, representing 0.13% of the circulating market value [1] - Over the past five trading days, there has been a cumulative net inflow of 26.9 million yuan, accounting for 0.01% of the circulating market value [1]