On December 13, Gelonghui reported that Guangxi LiuYao Group (603368.SH) announced that the company has completed the public offering of convertible corporate bonds for investment projects (hereinafter referred to as "raised investment projects") "Nanning Traditional Chinese Medicine Decoction Pieces Production Capacity Expansion Project" and "Chain Pharmacy Expansion Project". These projects have been implemented and reached the intended usable status. The "supplementary operating funds" have been fully utilized, and the company will finalize the above-mentioned raised investment projects.

To meet the demand for working capital for the company's daily production and operation activities, the company plans to use a total of 57.2102 million yuan (the actual amount is subject to the balance of the special raised funds account on the day of fund transfer) from the surplus raised funds from the above investment projects to permanently supplement working capital.