301595SZSE

Announcement on the Use of Partially Idle Raised Funds for Cash Management

✨ AI Summary

Guangdong Tali Technology Group Co., Ltd. announces its plan to use up to RMB 300 million in idle raised funds for cash management. The purpose is to improve fund utilization and increase returns, without affecting the normal operation of the company or its investment projects. The company will invest in low-risk, liquid wealth management products with a term of no more than 12 months.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Securities Code: 301595 Securities Abbreviation: Tali Technology Announcement No.: 2026-019

Guangdong Tali Technology Group Co., Ltd. Announcement on the Use of Partially Idle Raised Funds for Cash Management

The Company and all members of the Board of Directors guarantee the content of this information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.

Guangdong Tali Technology Group Co., Ltd. (hereinafter referred to as the "Company" or "Tali Technology") held the 19th meeting of the Second Board of Directors on March 30, 2026, which reviewed and approved the "Proposal on the Use of Partially Idle Raised Funds for Cash Management." It was agreed to submit the aforementioned proposal to the Company's 2025 Annual General Meeting for review. The relevant matters are hereby announced as follows:

I. Basic Situation of Raised Funds

As approved by the China Securities Regulatory Commission's "Approval on the Registration of Guangdong Tali Technology Group Co., Ltd.'s Initial Public Offering of Shares" (Zhengjian Permit (2025) No. 308), the Company was approved to issue 27,070,000 ordinary shares (A shares) to the public at an issue price of RMB 17.05 per share. The total amount of funds raised in this offering was RMB 461.5435 million. After deducting issuance expenses, the net amount of raised funds was RMB 369.5207 million. ZhiTong Certified Public Accountants (Special General Partnership) audited the capital verification of the raised funds for this offering on May 14, 2025, and issued the "Capital Verification Report" (ZhiTong Yan Zi (2025) No. 441C000121). The Company has managed the aforementioned raised funds in a special account in accordance with relevant regulations and has signed a tripartite custody agreement with the bank where the raised funds are deposited.

II. Situation of Raised Funds Investment Projects

According to the "Prospectus for the Initial Public Offering of Shares by Guangdong Tali Technology Group Co., Ltd. and Listing on the ChiNext Market" and the "Proposal on Adjusting the Amount of Raised Funds to be Invested, Investment Structure, and Increasing the Implementing Entity of Some Raised Fund Investment Projects" reviewed and approved by the 11th meeting of the Second Board of Directors of the Company, the raised funds from the Company's initial public offering of shares, after deducting issuance expenses, will be invested in the following projects:

Project NameTotal Project Investment (RMB million)Amount of Raised Funds to be Used (Before Adjustment) (RMB million)Amount of Raised Funds to be Used (After Adjustment) (RMB million)
Tali Wuhan Production and Logistics Center Construction Project32,023.1032,023.1017,951.77
R&D Center Construction Project7,380.807,380.807,380.80
Information System Upgrade Project4,819.504,819.504,819.50
Supplementary Working Capital10,000.0010,000.006,800.00
Total54,223.4054,223.4036,952.07

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.