301175SZSE

Announcement on the Completion of Certain Fundraising Projects and Permanent Supplementation of Working Capital with Surplus Funds

✨ AI Summary

Beijing Zhongke Runyu Environmental Technology Co., Ltd. has completed the Haicheng Municipal Solid Waste Incineration Power Generation Project and will permanently supplement working capital with surplus funds of 22,100,725.31 yuan. The decision was approved by the board on February 25, 2026. The company will also cancel the corresponding special fundraising accounts, enhancing the efficiency of fund utilization.

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Full Translation

AI Translation· azure_openai

Beijing Zhongke Runyu Environmental Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or major omissions.

The fundraising project for the Company's initial public offering (IPO) has been completed, specifically the Haicheng Municipal Solid Waste Incineration Power Generation Project (hereinafter referred to as "the Haicheng Project"). The Company will now conclude this project and cancel the corresponding special fundraising accounts. Additionally, to improve the efficiency of fund utilization, the Company has decided to permanently supplement working capital with surplus fundraising funds amounting to 22,100,725.31 yuan (as of December 31, 2025; the final actual amount will be based on the balance of the special account on the day of transfer) for daily production and operations. The relevant information is announced as follows:

1. Basic Information on Fundraising

The Company’s IPO was approved by the China Securities Regulatory Commission (CSRC) under the approval document (Zheng Jian Xu Ke [2022] No. 720) and was also approved by the Shenzhen Stock Exchange. The Company publicly issued 367,219,884 shares of ordinary shares (A shares) with a par value of 1.00 yuan per share at an issue price of 3.82 yuan per share. The total amount raised was 1,402,779,956.88 yuan, with actual net proceeds of 1,350,173,685.00 yuan after deducting issuance expenses (excluding VAT) of 52,606,271.88 yuan, including an oversubscription of 160,173,685.00 yuan. The aforementioned funds were transferred to the Company's special fundraising account on July 4, 2022, and Dahua Certified Public Accountants (Special General Partnership) verified the arrival of the funds and issued a verification report on the same day.

2. Fundraising Project Information

According to the prospectus for the IPO, the fundraising project details are as follows:

No.Project NameProposed Investment (yuan)
1Jincheng Municipal Solid Waste Incineration Project340,000,000.00
2Mianyang Second Municipal Solid Waste Incineration Project250,000,000.00
3Haicheng Municipal Solid Waste Incineration Project350,000,000.00
4Supplement Working Capital and Repay Debts250,000,000.00
Total1,190,000,000.00

Additionally, the oversubscription project details are as follows:

No.Project NameProposed Investment (yuan)
1Permanent Supplementation of Working Capital48,000,000.00
2Cixi Municipal Solid Waste Incineration Project Phase III112,173,685.00
Total160,173,685.00

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