Guoanda's fundraising situation for the first half of 2025: Intends to terminate the expansion project.

date
22/08/2025
Guoanda Corporation Limited released a special report on the use of funds raised in the first half of 2025. In April 2023, the company issued 2.93 million shares to specific investors, raising a net amount of 84.6577 million RMB. By the end of the reporting period, a total of 1.9747 million RMB had been invested in projects, with a net interest income of 3.6183 million RMB. The intended balance was 86.3013 million RMB, while the actual balance was 87.7419 million RMB. The company has established a "Fundraising Management System" and signed relevant regulatory agreements. During this reporting period, the raised funds were not invested in projects, and there were no significant issues with the use and disclosure. The "Lithium Battery Energy Storage Cabinet Fire Prevention and Inert Gas Suppression System Expansion Project" is planned to be terminated due to changes in the external environment, market conditions, and the current production capacity meeting demand. The remaining raised funds will continue to be managed in a dedicated account.