On June 25th, Gelonhui announced that in order to better utilize the funds raised and improve the efficiency of fund utilization, the company plans to terminate the invested project "Shangrao Haiyouwei Application Film Co., Ltd.'s Annual Production of 150 Million Square Meters Photovoltaic Packaging Material Project (Phase I)" and permanently supplement the remaining raised funds of 18,578,100 Yuan (including deducted processing fees and interest income, actual amount subject to the balance of the special account on the day of fund transfer) as working capital for daily production operation.
海优新材(688680.SH)：将节余募集资金1857.81万元永久补充流动资金
Haiyou New Materials (688680.SH): Will use the remaining raised funds of RMB 18.5781 million to permanently supplement working capital.
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