On December 18, GeLongHui reported that BaoLi Food (603170.SH) announced that the public offering of Stocks in 2022 for the BaoXin project has completed the acceptance of the main Architecture Engineering and the installation and debugging of the main production lines. The project has passed the necessary approvals such as energy evaluation and environmental evaluation. The implementing entity of the funded project, ShanDong BaoXin Food Technology Co., Ltd., has obtained the food production license and met the basic conditions required for production. The funded project is now concluded. As of December 18, 2024, the remaining raised funds after the conclusion of the BaoXin project amount to 5.2013 million yuan, primarily for performance bonds on construction contracts and equipment purchase contracts. The BaoXin project is a jointly constructed project funded by raised and self-raised funds, and for the remaining contract payments not yet settled for the 'BaoXin project,' the company will subsequently use its own or self-raised funds for payment.