证券日报网讯宇环数控（002903）8月29日发布公告，在公司回答调研者提问时表示，2025年5月，公司 将募集资金投资项目之"研发中心技术升级改造项目"变更为"高端数控磨床研发中心建设项目"，并使用 募集资金向子公司湖南宇环智能装备有限公司进行增资以实施变更后的募投项目。2025年6月增资完 成，宇环智能的注册资本为20，000万元。目前公司的募投项目基础建设正在稳步推进，公司将通过项 目的实施聚焦高端数控磨床的技术研发和自主研发，以促进公司经营规模与质量的进一步提升。 ...

Fundraising Overview - The company, Yuhuan CNC Machine Tool Co., Ltd., successfully completed its initial public offering (IPO) by issuing 25 million shares at a price of 12.78 RMB per share, raising a total of 319.5 million RMB, with a net amount of 272.67 million RMB after deducting issuance costs of 46.83 million RMB [1][2] Fund Management and Usage - To ensure proper management and usage of the raised funds, the company has established special accounts at various banks and signed a tripartite supervision agreement with the banks and its sponsor, Anxin Securities [1][2] - The company has changed the implementation method of its fundraising project from "Precision Efficient Intelligent Grinding Equipment Upgrade Project" to "Precision Efficient Intelligent Grinding Equipment and Production Line Upgrade Project," with the new implementation entity being its wholly-owned subsidiary, Hunan Yuhuan Intelligent Equipment Co., Ltd. [2][3] Recent Developments - The company’s fifth board meeting and the 2024 annual general meeting approved the change of the fundraising project to "High-end CNC Grinding Machine R&D Center Construction Project," with plans to increase capital to its subsidiary, Yuhuan Intelligent, for this project [3][4] - A special account for the fundraising has been opened at China Merchants Bank, with a total deposit of approximately 68.63 million RMB allocated for the high-end CNC grinding machine R&D center construction project [6][7] Tripartite Supervision Agreement - The tripartite supervision agreement stipulates that the funds must only be used for the designated project and outlines the responsibilities of the parties involved, including the bank and the sponsor, in overseeing the fund's usage [6][7] - The agreement includes provisions for regular inspections and reporting to ensure compliance with the regulations and proper management of the funds [6][7]

Core Viewpoint - The company is increasing its investment in industrial projects, expanding its overseas market influence, and focusing on the development of high-end machine tools as part of its strategic adjustments announced during the annual shareholder meeting on May 15, 2024 [1]. Group 1: Investment and Funding Adjustments - The company plans to change the "R&D Center Technology Upgrade Project" to the "High-end CNC Grinding Machine R&D Center Construction Project," utilizing 54.9997 million yuan of the raised funds, which accounts for 17.21% of the total funds raised from the IPO [2]. - The total investment scale for the "High-end CNC Grinding Machine R&D Center Construction Project" is 132 million yuan, with the shortfall to be covered by the company's own or self-raised funds [2]. - The adjustment aims to establish an internationally leading R&D platform for CNC grinding machines, promoting independent innovation in high-end CNC grinding technology [2]. Group 2: Business Development and Market Position - The company is experiencing balanced development across its business segments, with an increase in orders from high-end manufacturing sectors such as automotive parts, aerospace, precision machining, semiconductors, and new materials [3]. - The domestic CNC machine tool export volume has been increasing, and the pace of domestic substitution is accelerating, indicating strong growth potential for mid-to-high-end machine tools like CNC grinding and pulling machines [3]. - The company aims to leverage its technological accumulation to focus on the R&D of high-end CNC grinding machine series, addressing high-end technical challenges in the CNC machine tool industry [3].