Core Viewpoint - Dingyang Technology announced the conclusion of certain fundraising projects and the permanent allocation of surplus funds to working capital [1] Group 1: Company Announcement - The company will hold its third board meeting on December 12, 2025, to review the proposal regarding the conclusion of fundraising projects [1] - The approved fundraising projects include the "High-end General Electronic Testing and Measurement Instrument Chip and Core Algorithm Development Project" and the "Production Line Technology Upgrade and Transformation Project" [1] - The surplus funds from these projects will be permanently allocated to supplement the company's working capital [1]

Core Viewpoint - Dingyang Technology (688112.SH) has approved the conclusion of certain fundraising projects and plans to permanently supplement its working capital with the remaining funds from these projects [1] Group 1: Fundraising Projects - The company has concluded the fundraising projects related to the "High-end General Electronic Testing and Measurement Instrument Chip and Core Algorithm R&D Project" and the "Production Line Technology Upgrade and Transformation Project" [1] - The total remaining funds amount to 66.6604 million yuan, which will be used to support the company's daily operations [1]

Core Viewpoint - Dingyang Technology announced plans to conclude certain fundraising projects from its initial public offering and permanently allocate the surplus funds of 66.6604 million yuan (including interest and investment income) to supplement working capital for daily operations [1] Fundraising Project Summary - The surplus amount from the high-end general electronic testing and measurement instrument chip and core algorithm research and development project is 41.8543 million yuan [1] - The surplus amount from the production line technology upgrade and transformation project is 24.806 million yuan [1]

Core Viewpoint - Dingyang Technology (688112.SH) plans to transfer 3,184,000 shares, representing 2.00% of its total share capital, through a shareholder inquiry transfer, which will not occur via centralized bidding or block trading [1][3] Group 1: Shareholder Transfer Details - The shareholders involved in the transfer include Qin Ke, Shao Haitao, Zhao Yafeng, Dingli Xiangyang, Zhongli Kangding, and Boshi Tongyu, all of whom are either controlling shareholders or acting in concert with Qin Ke [1][3] - The transfer is motivated by the shareholders' need for personal funds [2] - The minimum transfer price will not be lower than 70% of the average stock price over the 20 trading days prior to September 22, 2025 [3] Group 2: Financial Background - Dingyang Technology raised a total of 1.243 billion yuan, with a net amount of 1.151 billion yuan after deducting issuance costs, which is 0.812 billion yuan more than the originally planned fundraising of 0.338 billion yuan [4] - The funds were intended for projects related to high-end general electronic testing measurement instruments and technology upgrades [4] - The company distributed a cash dividend of 0.85 yuan per share and transferred 0.49 shares from capital reserves, resulting in a total share capital of 158,933,383 shares after the distribution [4]

Fundraising Overview - The company raised a total of RMB 124,000,000 through the issuance of 26,666,700 shares at a price of RMB 46.60 per share, with a face value of RMB 1 per share [1] - As of June 30, 2025, the balance of the raised funds was RMB 101,126,369.82 after accounting for direct investments and interest income [1][2] Fund Management - The company has established a management system for the raised funds, ensuring compliance with relevant laws and regulations, and protecting the rights of minority investors [1] - A tripartite supervision agreement for the special account storage of raised funds was signed with banks to ensure proper management [1][2] Fund Usage - The company has not used idle raised funds to temporarily supplement working capital during the reporting period [2] - The company has utilized part of the excess raised funds to permanently supplement working capital, amounting to RMB 83,339,666.82 [2][3] - There were no changes to the fundraising investment projects during the reporting period [2][3] Financial Performance - The total amount of raised funds was RMB 1,150,717,166.82, with RMB 138,824,062.51 invested in the first half of 2025 [2] - The cumulative investment in fundraising projects reached RMB 1,043,905,097.40, with a completion rate of 68.43% [3] Project Specifics - The company has ongoing projects such as high-end general electronic testing and measurement instruments, with a total commitment of RMB 338,377,500.00 [3] - The company reported a shortfall in expected investment progress for certain projects, with specific amounts and completion percentages detailed [3]