FilingReader Intelligence

SLAC Precision redirects 76.9m yuan to working capital

July 23, 2025 at 10:12 AM UTC•By FilingReader AI

Suzhou SLAC Precision Equipment will redirect 76.86 million yuan in unspent proceeds to working capital after concluding its Tai'an equipment production line construction project.

The company raised 821.76 million yuan through private placement in 2022 but spent only 178.15 million yuan, representing 71% of the planned 250 million yuan budget.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

Primary Source Document

Verification opinion of SDIC securities co., ltd. on the completion of certain fundraising projects and the permanent replenishment of working capital with the remaining raised funds of Suzhou Sullair precision equipment co., ltd.July 23, 2025 at 08:00 AM UTC

Supplementary Source Documents

Announcement regarding the completion of certain fundraising investment projects and the permanent use of the remaining raised funds to supplement working capitalJuly 23, 2025 at 08:00 AM UTC

Suzhou SLAC Precision Equipment

SZSE:300382•Shenzhen Stock Exchange

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