On November 29, 2023, Gelonghui reported that shenzhen tongyi industry (300538.SZ) announced that the fifth board of directors' second meeting and the fifth board of supervisors' second meeting will be held on November 29, 2024, to review and approve the proposal on concluding certain fundraising investment projects and permanently supplementing working capital with the remaining raised funds. Based on the actual progress of the company's fundraising investment projects, the company intends to conclude the fundraising investment project "Special Engineering Plastics Extrusion Molding Project," reserving 14.4624 million yuan of the raised funds for outstanding project payments, including contract balances, warranty payments, and deposits, etc. (if insufficient, the company will resolve it with its own or self-raised funds). The company intends to permanently supplement working capital with the remaining raised funds of 105.1955 million yuan (including net interest income, the specific amount will be based on the bank balance of the fundraising account on the day the funds are transferred), for the company’s daily production operation and business development.