Core Viewpoint - The company Jiuwu High-Tech (300631.SZ) has announced a reduction in the scale of its convertible bond issuance from a planned 504 million yuan to a maximum of 304 million yuan, along with adjustments to its fundraising projects and allocation of funds [1] Group 1: Fundraising Adjustments - The original plan included three major projects with a total fundraising of 504 million yuan, allocating 170 million yuan to the Bangguo Salt Lake lithium chloride pilot production line, 210 million yuan to the special inorganic membrane components and devices production line, and 124 million yuan for working capital [1] - After the adjustment, the fundraising focus has been streamlined to two main areas: the special inorganic membrane components and devices production line will now receive 214 million yuan, while the working capital allocation has been reduced to 90 million yuan [1] - The pilot production line project for lithium chloride from the salt lake has been removed from the fundraising list [1] Group 2: Funding Allocation and Management - The company stated that if the actual funds raised, after deducting issuance costs, are less than the planned investment amount, it will adjust the fund allocation without changing the fundraising projects, and any shortfall will be covered by the company's own funds [1] - Prior to the arrival of the raised funds, the company will initially invest in related projects using self-raised funds [1]

Group 1 - The company, Jiuwu High-Tech (300631.SZ), announced a plan to issue convertible bonds to unspecified investors, with a total fundraising amount not exceeding RMB 504 million (including RMB 504 million) [1] - The raised funds will be allocated to various projects, including the construction of a pilot production line for lithium chloride with an annual capacity of 2,000 tons at the Bangguo Salt Lake, production lines for special inorganic membrane components and devices, and to supplement working capital [1]