Sinexcel Electric(300693) 证券之星·2025-04-02 11:22Summary of Key Points Core Viewpoint The report outlines the fundraising activities and the management of raised funds by Shenzhen Shenghong Electric Co., Ltd. for the year 2024, ensuring compliance with regulatory requirements and detailing the usage and storage of the funds raised. Group 1: Fundraising Overview - The company raised a total of RMB 292.62 million through the issuance of 22.81 million shares at a price of RMB 14.42 per share, with the net amount reaching RMB 295.91 million as of August 16, 2017 [1][2] - As of December 31, 2024, the total amount of raised funds utilized for projects was RMB 288.75 million, leaving a balance of RMB 7.17 million [2][3] Group 2: Fund Management and Storage - The company has established a dedicated account for the management of raised funds, adhering to the regulatory guidelines and ensuring strict approval processes for fund usage [3][4] - As of December 31, 2024, the balance in the dedicated accounts was RMB 44.52 million, which includes interest income of RMB 38.59 million after deducting fees [4][5] Group 3: Project Implementation and Adjustments - The company has not made any changes to the fundraising investment projects during the year, and there were no transfers or replacements of previous projects [4][5] - The company has decided to unify the management of certain projects and extend the completion timeline for the "High-Power Power Electronics Equipment Manufacturing Base (Phase I)" project to December 2024 [5][6] Group 4: Financial Performance and Impact - The implementation of the "High-Power Power Electronics Equipment Manufacturing Base (Phase I)" project has significantly increased the company's product output and sales revenue, with a reported profit before tax of RMB 51.65 million in 2020, marking a 280.29% increase compared to the previous year [6] - The "R&D Center Construction Project" is aimed at enhancing the company's innovation capabilities and does not directly generate economic benefits, making it difficult to assess its financial impact separately [6]