Xinhua Winshare details raised funds utilization, project progress in first half 2025

Xinhua Winshare Publishing And Media Co., Ltd. has published its Special Report on the Deposit and Actual Use of Raised Funds for the First Half of 2025, in compliance with regulatory requirements. As of June 30, 2025, the company had cumulatively utilized 641,289,664.25 yuan of its raised funds, which includes 1,758,821.98 yuan in interest income. During the reporting period, 508,835.49 yuan was used, leaving an unused balance of 5,827,040.63 yuan, which includes net interest income after bank charges of 3,739.56 yuan.

The initial public offering, approved by the China Securities Regulatory Commission, saw the issuance of 98,710,000 A-shares at 7.12 yuan per share on July 27, 2016, generating total proceeds of 702,815,200.00 yuan. After deducting issuance expenses, the net raised capital amounted to 645,175,098.06 yuan, all received by August 2, 2016.

The report also details the status of various investment projects. The "Education Cloud Services Platform Project" and "ERP Construction and Upgrade Project" both show cumulative investments exceeding their committed amounts, at 100.12% and 101.22% respectively, including interest income. The "Retail Store Upgrade and Expansion Project" has also exceeded its committed investment. The "Cultural Revival Publishing Project" shows a 42.79% investment progress, while the "Western Logistics Network Construction Project" is at 100.21%. No changes to the investment projects occurred during the reporting period, and Xinhua Winshare confirmed timely and accurate disclosure of information.