Zhitong Finance App News, Shunkong Development (003039.SZ) issued an announcement that the viability of the company's fund-raising project has not changed significantly. According to the actual progress of the fund-raising investment project, it is proposed to adjust the implementation period of the following initial public offering of shares without changes in the project implementer and the use of the fund-raising project, and the total project investment and construction scale. The details are as follows:

The original planned DN1200 water supply pipeline project from the Beijiao factory (Sanle Road to Huanzhen West Road) reached the scheduled usable state date of December 31, 2023. After the extension, the project is expected to reach the scheduled usable state date of June 30, 2024.

The company said that the Beijiao factory (Sanle Road to Huanzhen West Road) DN1200 water supply pipeline project was delayed for the following three main reasons: First, part of the pipeline route passed through the Beijiao section of Rail Transit Line 14. Affected by the planning of the Beijiao section of Foshan Rail Transit Line 14, it took a long time to negotiate the route with management units and local government departments related to track construction; second, the geological conditions on some sections of the road were poor. At the request of the local government department, it was necessary to assess the surrounding roads, buildings, etc. before and after construction of this section of the road to monitor the land surface settlement; Three is Some of the pipelines of the project passed through the industrial zone, and the fence construction time was adjusted in response to the requirements of some factories to ensure normal production in the factory area, and intermittent construction was carried out on some sections of the road.

After careful research, the company plans to extend the date when the project reaches the intended usable status from December 31, 2023 to June 30, 2024.