COFCO Engineering & Technology: Increase the implementation subject of the "Grain and Oil Processing R&D Innovation Platform Project" and extend the deadline.

date
25/12/2025
COFCO Engineering Technology announced that the company's net amount raised in the first issuance in 2021 was 309 million yuan. As of December 10, 2025, a total of 180.4541 million yuan has been used. The company plans to add a new implementing entity for the "Grain and Oil Processing R&D Innovation Platform Project", changing from two companies including Wuxi COFCO Engineering Technology to three companies, with the addition of National Grain Testing and Certification Co., Ltd. At the same time, the planned date for the project to reach the scheduled usable status has been extended from December 31, 2025 to June 30, 2026. This decision is based on actual project needs, optimizing resource allocation, improving the efficiency of fund utilization, without changing the investment direction, not harming shareholder interests, and the sponsoring institution has no objections.