-- Special Report on Semi-annual Deposit and Actual Use of Raised Funds in 2025
Securities code: 601515 Securities abbreviation: Dongfeng Group Announcement number: Lin 2025-063
Guangdong Dongfeng New Materials Group Co., Ltd.
Deposit and actual use of raised funds in the first half of 2025
Special report
The company's board of directors and all directors guarantee that the contents of this announcement do not contain any false records, misleading statements or major omissions, and assume legal responsibility for the authenticity, accuracy and completeness of its contents.
In accordance with the China Securities Regulatory Commission (hereinafter referred to as the "China Securities Regulatory Commission") "Regulations on the Supervision of Funds Raised by Listed Companies", the "Shanghai Stock Exchange Self-Regulatory Supervision Guidelines for Listed Companies No. 1 - Standardized Operations" and other relevant regulations, the funds raised from the non-public issuance of A shares in 2020 by Guangdong Dongfeng New Materials Group Co., Ltd. (original company name is "Shantou Dongfeng Printing Co., Ltd.", hereinafter referred to as "Dongfeng Group" or the "Company") are now in 2025 The storage and use conditions for the first half of the year (hereinafter referred to as "this period") will be explained.
1. Basic situation of raised funds
(1) Actual amount of funds raised and fund arrival status
As approved by the China Securities Regulatory Commission’s “Reply on the Approval of the Non-public Issuance of Stocks by Shantou Dongfeng Printing Co., Ltd.” (CSRC License [2021] No. 611), the company issued 201,320,132 RMB ordinary shares (A shares) to specific targets in the form of a non-public issuance of stocks, with an issuance price of RMB 6.06 per share. The total amount of funds raised in this non-public issuance of A shares was RMB 1,219,999,999.92. After deducting the issuance expenses (excluding value-added tax) of RMB 19,861,657.37, the actual net amount of funds raised in this issuance was RMB 1,200,138,342.55. Suya Jincheng Accounting Firm (Special General Partnership) has verified the actual receipt of funds raised from this non-public issuance of A shares, and issued Su Yayan [2021] No. 29 "Capital Verification Report" on October 13, 2021. The company adopts a special account storage system for raised funds and has established relevant special accounts for raised funds. After the funds raised from this issuance arrive, they have all been deposited in the special account for raised funds. The company and Hunan Furui Printing Co., Ltd., a wholly-owned subsidiary that originally implemented the fundraising project, have signed the "Three-Party Supervision Agreement for the Special Account Storage of Raised Funds" and the "Four-Party Supervision Agreement for the Special Account Storage of Raised Funds" with the sponsoring institution and the bank where the raised funds are deposited to jointly supervise the use of the raised funds.
(2) Changes in one of the original investment projects, "Hunan Furui High-end Packaging and Printing Smart Factory Technical Transformation and Relocation Construction Project"
The total investment of the original "Hunan Furui High-end Packaging and Printing Smart Factory Technical Transformation and Relocation Construction Project" (hereinafter referred to as the "Original Hunan Furui Investment Project") was 730.1613 million yuan, all of which were invested with funds raised from the non-public issuance of A shares in 2020. As of September 21, 2023, the original Hunan Furui investment project has used a total of 258.039 million yuan of raised funds, including: a replacement amount of 146.0571 million yuan invested in the investment project with self-raised funds in advance. The cumulative amount invested in the investment project from 2021 to 2023 before the change was 111.9819 million yuan, and there is still a balance of raised funds. 486.6024 million yuan (including: principal 472.1223 million yuan, net interest income 14.4801 million yuan).
Upon review and approval, the original Hunan Furui investment project has been changed to the "Dongfeng Shouguang Pharmaceutical Glass Bottle Production Base Project with an annual output of 6.5 billion pieces" and the "Yancheng Bosheng Lithium Battery Separator Production Project (Phase II)". The specific arrangements for the raised funds are as follows: (1) The company has not yet transferred the balance of the company's special account to the original implementation entity Hunan Furui Printing Co., Ltd. (hereinafter referred to as "Hunan Furui") to raise funds of 44,080.19 million yuan (including: principal 430.1613 million yuan, net interest income 10.6406 million yuan); (2) The company has transferred the principal of raised funds from the original implementation entity Hunan Furui Special Account to 300.000 million yuan. As of September 21, 2023, there is still a balance of raised funds of 45.8005 million yuan (including: principal 41.9610 million yuan) million, net interest income of 3.8395 million yuan). The company used its own funds to fully replenish the company's transferred capital of 300,000,000 yuan to the original implementation entity Hunan Furui's special account for raised funds and its net interest income of 3,839,500 yuan. The specific method is that the company will return its own funds of 303,839,500 yuan (including net interest income) to the original special account for raised funds and use it for subsequent investment in the changed "Dongfeng First Key Annual Output 65 It is among the fundraising projects of "Yancheng Bosheng Lithium Battery Separator Production Project (Phase II)" and "Yancheng Bosheng Lithium Battery Separator Production Base Project"
For details, please refer to the "Announcement on Changes in Investment Projects of Part of the Funds Raised from the Non-Public Issuance of A Shares in 2020 and the Permanent Replenishment of Working Capital with the Surplus Raised Funds" disclosed by the company on September 26, 2023 (Announcement No.: Pro 2023-075), and the "2023 Announcement" disclosed on October 12, 2023. Announcement on Resolutions of the Third Extraordinary General Meeting of Shareholders in 2020" (Announcement No.: Pro 2023-080), "Announcement on Using Own Funds to Replenish Raised Funds and Terminating the Four-Party Supervision Agreement for Raised Funds" disclosed on October 31, 2023 (Announcement No.: Pro 2023-082), on November 14, 2023 The "Announcement on the Progress of Changes in Investment Projects with Partial Raised Funds and the Permanent Replenishment of Working Capital with Surplus Raised Funds" (Announcement Number: Pro 2023-092) was disclosed on the same day.
(3) Use and balance of raised funds after changes in raised investment projects
In the first half of 2025, the company used raised funds of RMB 46,638,759.83; as of June 30, 2025, the company had used raised funds in total of RMB 916,794,802.12, and the balance of raised funds was RMB 304,775,405.62. The specific situation is as follows:
Amount unit: RMB
Item Amount after change Total raised funds 1,219,999,999.92 Less: issuance expenses 19,861,657.37 Net raised funds 1,200,138,342.55 Less: raised fund expenses ① 916,794,802.12 Including: self-raised funds pre-invested in raised funds investment project replacement amount 265,637,094.76 Investment projects with raised funds from 2021 to 2024 105,190,894.58 Investment projects with raised funds in the first half of 2025 46,638,759.83 Supplementary working capital ① 97,284,842.55 Supplementary working capital ② - Principal 77,450,410.40
Supplementary working capital ③-Principal 324,592,800.00 Less: Raised capital expenditure ② 17,787,142.23 Including: Supplementary working capital ②-Interest 4,016,535.64
Supplementary working capital ③-Interest 13,770,606.59 plus: net interest income 39,219,007.42 Balance of raised funds as of June 30, 2025 304,775,405.62 Note:
The amount after the above change does not include the amount invested in the original "Hunan Furui High-end Packaging and Printing Smart Factory Technical Transformation and Relocation Construction Project".
Supplementary working capital ①: According to the purpose and use plan of the raised funds disclosed in the company's "2020 Non-public Issuance of A-Share Stock Plan", the total amount of funds to be raised in this non-public issuance does not exceed 1.22 billion yuan, and the actual net amount of funds raised is 1.2001383 million yuan. The company has made corresponding adjustments to the supplementary working capital items based on the actual amount raised.
Supplementary working capital ②: According to the company’s “Proposal on Changes in Investment Projects of Partially Raised Funds from the Non-Public Issuance of A-Share Stocks in 2020 and the Permanent Replenishment of Working Capital with Surplus Raised Funds”, one of the raised fund investment projects, “Eastern Capital”, was terminated.
After deducting the unpaid balance of the raised investment project from the remaining raised funds (including net interest income) in the raised funds special account, the working capital will be permanently replenished and used for the company's daily operating activities. For details, please refer to the "Announcement on Changes in Investment Projects with Partial Raised Funds from the Non-Public Issuance of A Shares in 2020 and the Permanent Replenishment of Working Capital with the Surplus Raised Funds" disclosed by the company on September 26, 2023 (Announcement No.: Pro 2023-075), and the "Announcement on the Change of Investment Projects with Partial Raised Funds from the Non-Public Issuance of A Shares in 2020" (Announcement Number: Pro 2023-075), and the "Announcement on the Change of Investment Projects with Partial Raised Funds from the Non-Public Issuance of A Shares in 2020" disclosed by the company on September 26, 2023. Announcement on Resolutions of the Third Extraordinary General Meeting of Shareholders in 2023" (Announcement No.: Pro 2023-080), and the "Announcement on the Change of Investment Projects with Partial Raised Funds and the Permanent Replenishment of Liquidity with Surplus Raised Funds" disclosed on November 14, 2023 (Announcement No.: Pro 2023-092).
- Supplementary working capital ③: According to the company’s “Proposal on the Termination of Investment Projects Raised Partially from the Non-Public Issuance of A Shares in 2020 and the Use of the Surplus Raised Funds to Permanently Supplement Working Capital”, the implementation of one of the raised capital investment projects, the “Yancheng Bosheng Lithium Battery Separator Production Project (Phase II)”, will be terminated, and the remaining raised funds (including net interest income) from the special account for raised funds will be permanently replenished as working capital and used for the company’s daily operating activities. For details, please refer to the "Announcement on the Termination of Investment Projects with Partial Raised Funds from the Non-Public Issuance of A Shares in 2020 and the Permanent Replenishment of Liquidity with the Surplus Raised Funds" disclosed by the company on August 31, 2024 (Announcement No.: Pro 2024-042), and the "Third Investment Project of 2024" disclosed on September 21, 2024. Announcement on the Resolution of the Second Extraordinary General Meeting of Shareholders" (Announcement No.: Pro 2024-053), and the "Announcement on the Termination of Investment Projects with Partial Raised Funds from the Non-Public Issuance of A Shares in 2020 and the Permanent Replenishment of Liquidity with the Surplus Raised Funds" disclosed on January 25, 2025 (Announcement No.: Pro 2025-006).
2. Management of raised funds
(1) Formulation and implementation of the raised funds management system
In order to standardize the use and management of the company's raised funds, further improve the efficiency of fund use and company benefits, and effectively protect the interests of shareholders and the safety of raised funds, in accordance with the "Company Law of the People's Republic of China", "Securities Law of the People's Republic of China", "Stock Listing Rules of the Shanghai Stock Exchange", "Regulatory Guidelines for Listed Companies No. 2 - Supervisory Requirements for the Management and Use of Funds Raised by Listed Companies", and "Self-Discipline Supervision Guidelines for Listed Companies of the Shanghai Stock Exchange No. 1" No. - Standardized Operations" and other relevant laws and regulations and the "Articles of Association", and combined with the company's actual situation, the company's "Raised Funds Management Measures" were formulated, which made specific and clear provisions on the storage, use, supervision and management of raised funds. According to the company's "Measures for the Management of Raised Funds", the company stores raised funds in a special account and implements strict approval procedures for the use of raised funds to ensure that the funds are used exclusively.
(2) Management of raised funds
On November 10, 2021, the company, Huatai United Securities Co., Ltd. and the special account depository bank jointly signed the "Tripartite Supervision Agreement for Special Account Deposit of Raised Funds". As one of the company's non-public issuance investment projects, the "Hunan Furui High-end Packaging and Printing Smart Factory Technical Transformation and Relocation Construction Project" is implemented by the company's wholly-owned subsidiary Hunan Furui Printing Co., Ltd., on November 19, 2021, the company and Hunan Furui Printing Co., Ltd., Huatai United Securities Co., Ltd. and Bank of Communications Co., Ltd. Hunan Branch jointly signed the "Four-Party Supervision Agreement for Special Account Storage of Raised Funds".
In view that the "Hunan Furui High-end Packaging and Printing Smart Factory Technical Transformation and Relocation Construction Project" has been changed after approval, and the company used its own funds to fully replenish the principal of the special account for raised funds transferred to the original project implementation entity Hunan Furui and its net interest income totaled 303.8395 million yuan, on October 27, 2023 The Japanese company signed the "Termination Agreement on the Four-Party Supervision Agreement on the Special Account Storage of Funds Raised by the Hunan Furui High-end Packaging and Printing Smart Factory Technical Transformation and Relocation Construction Project" with Hunan Furui, Huatai United Securities Co., Ltd. and the Hunan Branch of Bank of Communications Co., Ltd.
In view of the fact that the "Hunan Furui High-end Packaging and Printing Smart Factory Technical Transformation and Relocation Construction Project" has been changed to the "Dongfeng Shouguan Pharmaceutical Glass Bottle Production Base Project with an annual output of 6.5 billion pieces" and the "Yancheng Bosheng Lithium Battery Separator Production Project (Phase II)", the company and the sponsoring institution Huatai United Securities Co., Ltd. announced on November 13, 2023 On the same day, it signed a "Tripartite Supervision Agreement" with the Shantou Anping Branch of the Industrial and Commercial Bank of China Co., Ltd. and the Shenzhen Branch of China Merchants Bank Co., Ltd., and the company adopted a special account to store and use the funds raised for the investment projects after the change.
As the implementation entity of the changed investment project "Dongfeng Shoukian Pharmaceutical Glass Bottle Production Base Project with an annual output of 6.5 billion pieces" is the company's holding subsidiary Chongqing Dongfeng Shoukian Medicinal Glass Packaging Co., Ltd. (hereinafter referred to as "Dongfeng Shoukian"), the company, Dongfeng Shoukian and the sponsoring institution Huatai United Securities Co., Ltd. On January 22, 2019, it signed the "Four-Party Supervision Agreement for Special Account Storage of Raised Funds" with China Everbright Bank Chongqing Fuling Branch. Dongfeng First Key adopted a special account to store and use the raised funds for the investment project after the change.
Due to the changed implementation entity of the raised investment project "Yancheng Bosheng Lithium Battery Separator Production Project (Phase II)" is the company's holding subsidiary Yancheng Bosheng New Energy Co., Ltd. (hereinafter referred to as "Yancheng Bosheng"), the company, Yancheng Bosheng and the sponsor Huatai United Securities Co., Ltd. announced on March 11, 2024 On the same day, the Bank signed a "Four-Party Supervision Agreement for Special Account Storage of Raised Funds" with the Yancheng Branch of China Merchants Bank Co., Ltd., and Yancheng Bosheng adopted a special account to store and use the funds raised for the investment project after the change.
- In view that the "Yancheng Bosheng Lithium Battery Separator Production Project (Phase II)" has been terminated after approval, and the company has permanently replenished working capital with the remaining raised funds (including interest income) in the special account for raised funds, the relevant "Three-Party Supervision Agreement for Raised Funds Special Account Storage" and "Four-Party Supervision Agreement for Raised Funds Special Account Storage" signed by the company and Yancheng Bosheng, Huatai United Securities Co., Ltd., and China Merchants Bank Co., Ltd. Yancheng Branch, the holding subsidiaries that originally planned to implement the raised funds investment project, have been terminated.
There are no major differences in the contents of the above-mentioned signed "Three-Party Supervision Agreement for the Special Account Deposit of Raised Funds" and "Four-Party Supervision Agreement for the Special Account Deposit of Raised Funds" and the "Tripartite Supervision Agreement for the Special Account Deposit of Raised Funds (Template)" formulated by the Shanghai Stock Exchange. As of the date of this report, the company manages the raised funds in strict accordance with relevant laws and regulations, and the storage, use and management of raised funds do not violate relevant laws, regulations and the company's "Measures for the Management of Raised Funds".
(3) Storage of raised funds
- Fund storage situation of special accounts for raised funds
As of June 30, 2025, the storage status of the company's raised funds in various bank accounts is as follows:
Amount unit: RMB
Name of special account bank Special account account number Balance of raised funds Industrial and Commercial Bank of China Co., Ltd. Shantou Anping Branch 2003020329200320160 292,866,487.49 China Everbright Bank Chongqing Fuling Branch 55210180802759616 10,169,193.34
633574935
Business Department of Shantou Branch of China Minsheng Banking Co., Ltd. 1,739,724.79 (the account was closed after the period)
Total / 304,775,405.62
- Cancellation of special accounts for raised funds
(1) All the funds in the special account for raised funds opened by the company at the Shenzhen Shennan Middle Road Branch of China Merchants Bank Co., Ltd. have been used for specified purposes. The company will complete the cancellation procedures for the special account for raised funds on December 1, 2021. For details, please refer to the "Announcement on Cancellation of the Special Account for Raised Funds" disclosed by the company on December 3, 2021 (Announcement No.: Lin 2021-069).
(2) The funds in the special fund-raising account opened by the company at the Shantou Anping Branch of Industrial and Commercial Bank of China Co., Ltd. in the original "Hunan Furui High-end Packaging and Printing Smart Factory Technical Transformation and Relocation Construction Project" have been transferred, and the company completed the cancellation procedures for the special fund-raising account on November 10, 2023. For details, please refer to the "Progress Announcement on Changes in Investment Projects with Partial Raised Funds and the Permanent Replenishment of Working Capital with Surplus Raised Funds" disclosed by the company on November 14, 2023 (Announcement Number: Lin 2023-092).
(3) In view of the fact that the implementation of the "Yancheng Bosheng Lithium Battery Separator Production Project (Phase II)" has been terminated, the special fund-raising accounts opened by the controlled subsidiary Yancheng Bosheng at the Yancheng Qingnian Road Branch of China Merchants Bank Co., Ltd. and the company at the Shenzhen Caiwuwei Branch of China Merchants Bank Co., Ltd. are no longer in use. Yancheng Bosheng completed the cancellation procedures for the above two special fund-raising accounts on September 30, 2024, and the company on January 23, 2025 respectively. For details, please refer to the "Announcement on the Cancellation of the Special Account for Raised Funds" disclosed by the company on October 1, 2024 (Announcement No.: Lin 2024-056) and the "Announcement on the Termination of the Investment Project with Partial Raised Funds from the Non-Public Issuance of A Shares in 2020 and the Permanent Replenishment of Liquidity with the Surplus Raised Funds" (Announcement No.: Lin 2025-006) disclosed on January 25, 2025.
(4) In view of the fact that the "Dongfeng Co., Ltd. R&D Center and Information Construction Project" has been terminated in October 2023, due to the small amount of the remaining balance and the long payment cycle, upon review and approval, the company will use the remaining raised funds from the special fund-raising account opened by the Shantou Branch of China Minsheng Banking Co., Ltd. as of July 7, 2025 to permanently replenish working capital. For details, please refer to the "Announcement on the Permanent Replenishment of Working Capital with Surplus Raised Funds and the Cancellation of the Special Account for Raised Funds" disclosed by the company on July 9, 2025 (Announcement No.: Pro 2025-048).
3. Actual use of raised funds
The actual use of funds raised in the first half of 2025 is detailed in Appendix 1 of this report.
4. Change the use of funds for investment projects
Please refer to Appendix 2 of this report for details of the company's changes in investment projects with raised funds.
5. Problems in the use and disclosure of raised funds
The company has timely disclosed relevant information on the use of raised funds in accordance with relevant laws and regulations. There has been no failure to disclose information in a timely, true, accurate and complete manner, and there have been no major violations of management or use of raised funds.
Announcement is hereby made.
Attachment 1: "Comparison of Usage of Raised Funds";
Attachment 2: "Change of Investment Projects with Raised Funds";
Board of Directors of Guangdong Dongfeng New Materials Group Co., Ltd.
August 29, 2025
Schedule 1:
Comparison table of usage of raised funds
2025 half year
Prepared by: Guangdong Dongfeng New Materials Group Co., Ltd. Unit of amount: RMB 10,000
Total raised funds 120,013.83 Total raised funds invested during the year 37,123.16 Total raised funds changed in use 80,761.17
The total amount of raised funds that have been invested is 91,679.48 The proportion of the total raised funds that have been changed in use is 67.29%
Cumulative as of the end of the period Project feasibility has been changed Projects have been committed as of the end of the period Cumulative as of the end of the period As of the end of the period Investment projects have reached the forecast Whether the amount of raised funds has been met Adjusted investment amount for the year Whether the promised investment project has been actual for the year Project, including part of the committed investment amount Calculated investment amount Investment progress (%) Determined usable status The difference between the estimated total committed investment Total amount of investment Real benefits (if any) Major changes (if any) (1) (2) (4)=(2)/(1) state date benefit
(3)=(2)-(1)
Dongfeng Group acquires Chongqing Capital
Project performance commitment
Key medicinal packaging materials are limited No 13,500.00 13,500.00 13,500.00 0.00 13,500.00 0.00 100.00 Not applicable Not applicable No
End of promise
75% equity project of the company
Dongfeng Group acquires Changzhou City
Project performance commitment
Huajian Pharmaceutical Packaging Materials No 11,025.00 11,025.00 11,025.00 0.00 11,025.00 0.00 100.00 Not applicable Not applicable No
End of promise
Co., Ltd. 70% equity project
Dongfeng Co., Ltd. R&D Center and has been terminated
Yes 4,999.18 4,999.18 55.00 4,837.10 -162.08 96.76
Information construction project [Note 2]
Dongfeng Co., Ltd. R&D Center and 12,744.22 Not applicable Not applicable It is an information construction project - supplementary No 7,745.04 7,745.04 0.00 7,745.04 0.00 100.00 Not applicable
Replenish working capital [Note 2]
Hunan Furui high-end packaging printing
Smart factory technical transformation and relocation Yes 73,016.13 0.00 0.00 0.00 0.00 0.00 Not applicable Changed Not applicable Not applicable It is a construction project [Note 1]
Dongfeng First Key has an annual output of 6.5 billion
No 0.00 42,004.86 42,004.86 4,608.88 12,384.58 -29,620.28 29.48 September 2025 Not applicable Not applicable No Only pharmaceutical glass bottle production base
Land project [Note 1]
Yancheng Bosheng lithium battery separator
Terminated production project (Phase II) Yes 0.00 0.00 0.00 0.00 0.00 Not applicable Yes
【Note 2】 【Note 1】
0.00 Not applicable Not applicable Yancheng Bosheng lithium battery separator
32,459.28 32,459.28
Production project (Phase II) - No 32,459.28 32,459.28 0.00 100.00 Not applicable No
【Note 2】 【Note 2】
Supplement working capital [Note 2]
Supplementary working capital items
No 11,714.65 9,728.48 9,728.48 0.00 9,728.48 0.00 100.00 Not applicable Not applicable Not applicable No [Note 3]
Total 122,000.00 121,461.84 121,461.84 37,123.16 91,679.48 -29,782.36 — — — — —
Reasons for not reaching the planned progress (specific fund-raising projects) None in this period
Description of major changes in project feasibility None in this period
Preliminary investment and replacement of investment projects with raised funds None in this period
Use of idle raised funds to temporarily replenish working capital None in this period
Cash management of idle raised funds and investment in related products None in this period
Use of excess raised funds to permanently supplement working capital or return bank loans None in this period
The amount of the balance of raised funds and the reasons for its formation None in this period
Other uses of raised funds None in this period
[Note 1]: For details, please refer to "1. Basic situation of raised funds" of this special report, "(2) Changes in one of the original raised investment projects, "Hunan Furui High-end Packaging and Printing Smart Factory Technical Transformation, Relocation and Construction Project"". [Note 2]: For details, please refer to "1. Basic situation of raised funds" of this special report, "(3) Supplementary working capital ② and Supplementary working capital ③ for the use and balance of raised funds after the change of the raised investment project". [Note 3]: According to the purpose and use plan of the raised funds disclosed in the company's "2020 Non-public Issuance of A-Share Stock Plan", the total amount of funds to be raised in this non-public issuance does not exceed 1.22 billion yuan, and the actual net amount of funds raised is 1.2001383 million yuan
Yuan, the company made corresponding adjustments to the supplementary working capital project based on the actual amount raised.
Schedule 2:
Changes to the investment project status of raised funds
2025 half year
Prepared by: Guangdong Dongfeng New Materials Group Co., Ltd. Unit of amount: RMB 10,000
After the change, the project is planned to be changed. As of the end of the period, the investment progress is planned. Is the project meeting the expectations?
The actual accumulated investment amount of this year The actual project feasibility of this year is the corresponding original project after the change. The accumulated investment amount (%) of the raised funds invested is estimated to be usable.
Amount of investment (2) Current benefits No significant total amount (1) (3)=(2)/(1) Status date Benefits
change
Dongfeng Motor Co., Ltd. R&D Center and Information Dongfeng Motor Co., Ltd. R&D
Chemical construction project - supplementary working capital center and informatization 7,745.04 7,745.04 0.00 7,745.04 100.00 Not applicable Not applicable Not applicable No construction project
Dongfeng Shouguan has an annual output of 6.5 billion medicines Hunan Furui High-end
42,004.86 42,004.86 4,608.88 12,384.58 29.48 September 2025 Not applicable Not applicable No glass bottle production base project Packaging and printing intelligence
Yancheng Bosheng lithium battery separator production factory technical transformation and relocation
0.00 0.00 Terminated Not applicable Not applicable Yes Project (Phase II) Construction project
Yancheng Bosheng lithium battery separator production Yancheng Bosheng lithium battery 32,459.28 32,459.28 100.00
Project (Phase II) - Supplementary Working Capital Pool Diaphragm Production Project 32,459.28 32,459.28 Not Applicable Not Applicable Not Applicable No Fund Project (Phase II)
Total — 82,209.18 82,209.18 37,068.16 52,588.90 — — — — —
The company's fourth meeting of the fifth board of directors held on September 23, 2023, the third meeting of the fifth board of supervisors, and the third extraordinary general meeting of shareholders of 2023 held on October 11, 2023 reviewed and approved the "Regulations on Changes in Investment Projects with Partially Raised Funds from the Non-Public Issuance of A Shares in 2020 and the Permanent Replenishment of Liquidity with Surplus Raised Funds" Proposal", agreeing to terminate the implementation of the "Dongfeng Motor Co., Ltd. R&D Center and Information Construction Project", one of the investment projects with raised funds, and deduct the remaining balance of the raised funds investment project from the remaining raised funds (including net interest income) in the special raised funds account, and permanently replenish working capital for the purpose of explaining the reasons for the company's daily changes, decision-making procedures and information disclosure (for specific raised investment projects)
Regular operating activities; agreed that the company will change the "Hunan Furui High-end Packaging and Printing Smart Factory Technical Transformation and Relocation Construction Project", one of the investment projects with raised funds, into the "Dongfeng Shoijian Annual Production Base of 6.5 Billion Medicinal Glass Bottles Production Base Project" and "Yancheng Bosheng Lithium Battery Separator Production Project (Phase II)", among which: "Dongfeng Shouguan Annual Production of 6.5 Billion Medicinal Glass Bottles" The total planned investment for the "Pharmaceutical Glass Bottle Production Base Project" is 420.0486 million yuan, and the planned use of raised funds is 420.0486 million yuan; the total planned investment for the "Yancheng Bosheng Lithium Battery Separator Production Project (Phase II)" is 359.0063 million yuan, and the planned use of raised funds is 324.5928 million yuan. The difference between the project investment amount and the proposed raised funds will be made up by the company with its own funds or self-raised funds. For details, please refer to the "Announcement on Changes in Investment Projects of Partially Raised Funds from the Non-Public Issuance of A Shares in 2020 and the Permanent Replenishment of Working Capital with the Surplus Raised Funds" disclosed by the company on September 26, 2023 (Announcement No.: Pro 2023-075), and the "Announcement on the Resolution of the Third Extraordinary General Meeting of Shareholders in 2023" disclosed on October 12, 2023 (Announcement No.: Pro 2023-080).
The company's 15th meeting of the fifth board of directors held on August 29, 2024, the ninth meeting of the fifth board of supervisors, and the third extraordinary general meeting of shareholders of 2024 held on September 20, 2024, have reviewed and approved the "About the termination of the investment project with part of the funds raised from the non-public issuance of A shares in 2020 and the remaining funds raised." "Proposal on Raising Funds to Permanently Replenish Liquidity Capital", agreeing to terminate the implementation of the "Yancheng Bosheng Lithium Battery Separator Production Project (Phase II)", one of the non-public issuance of A-share stocks in 2020, and use the remaining raised funds (including net interest income) from the special fund-raising account to permanently supplement working capital and use it for the company's daily operating activities. For details, please refer to the "Announcement on the Termination of Investment Projects with Partial Raised Funds from the Non-Public Issuance of A Shares in 2020 and the Permanent Replenishment of Liquidity with the Surplus Raised Funds" disclosed by the company on August 31, 2024 (Announcement No.: Pro 2024-042), and the "Announcement on the Resolution of the Third Extraordinary General Meeting of Shareholders in 2024" disclosed on September 21, 2024 (Announcement No.: Pro 2024-053).
Situations and reasons for not meeting the planned progress (divided into specific fundraising projects) None in this issue
Description of major changes in project feasibility after change None in this period