On December 11, 2023, GLONGHUI reported that Lishen Industrial (001218.SZ) convened the twentieth meeting of the fifth Board of Directors and the nineteenth meeting of the fifth Supervisory Board on December 11, 2024, to review and approve the proposal regarding the completion and termination of the fundraising project and the permanent supplement of the remaining raised funds to working capital. The company agreed to complete and terminate the fundraising project and permanently supplement the remaining raised funds to working capital. As of November 30, 2024, the total remaining raised funds from the aforementioned fundraising projects amounted to 147.1539 million yuan (including financial management income and interest income from cash management), which is intended to permanently supplement working capital (the actual amount used for permanent working capital will be based on the balance of the dedicated account on the day of transfer).
丽臣实业(001218.SZ)：拟将首发募投项目结项、终止并将剩余募集资金永久补充流动资金
Lichen Industrial (001218.SZ): Plans to conclude and terminate the initial public offering investment project and permanently allocate the remaining raised funds to supplement working capital.
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