001312SZSE

The specific use of raised funds

Fuen Co., Ltd.·

✨ AI Summary

Hangzhou Fuen Co., Ltd plans to raise up to RMB 583,333,340 by issuing 58,333,334 ordinary shares, with funds allocated to projects in recycled and environmentally friendly materials. Key projects include a wool yarn fabric integration project with a total investment of RMB 816.49 million and a research institute for high-grade recycled materials costing RMB 456.18 million. The construction periods for these projects are expected to be 24 and 36 months, respectively.

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Hangzhou Fuen Co., Ltd Explanation of the specific use of the raised funds

  1. Overview of the use of raised funds With the approval of the board of directors and the general meeting of shareholders of the company, the company intends to issue RMB ordinary shares to the public (A shares) shall not exceed 58,333,334 shares (not less than 25% of the total share capital after this issuance), and shall be raised by the issuance

After deducting the issuance expenses, all the funds will be used for projects related to the company's main business, such as: Below: Unit: 10,000 yuan

PrefaceExpected fundraising
Project NameTotal investmentFiling Project CodeEnvironmental protection approval [ Note ]
NumberAmount of gold invested
Xiao Zhenggong ( 2023 ) 82Number
2405 - 330109 -
1Recycled and environmentally friendly wool yarn yarn fabric81,649.00 80,000.00Exemption from EIA
04 - 01 -391113

Integrated project

Research on High-grade Environmentally Friendly Recycled Materials 2504 - 330109 - 2 45,618.00 45,000.00 Exempt from EIA Institute and Green Intelligent Manufacturing Project 04 - 01 - 636247 Total 127,267.00 125,000.00 - - Note: According to the "Catalogue of Environmental Impact Assessment Classification Management of Construction Projects" (2021 edition), the company's fundraising projects do not need to be fulfilled The approval or filing procedures for environmental impact reports/report forms/registration forms have been issued by the Xiaoshan Branch of the Hangzhou Municipal Bureau of Ecology and Environment

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