FilingReader Intelligence

Guanghua Sci-Tech shifts investment to smart manufacturing, optimizes new energy strategy

August 29, 2025 at 12:46 PM UTCBy FilingReader AI

Guangdong Guanghua Sci-Tech announced its semi-annual financial results for 2025, revealing a strategic shift in its investment focus. The company's board of directors and shareholders approved the reallocation of capital from its “high-performance lithium battery materials project” to a new “smart manufacturing project for special chemical materials.” This move involves transferring CNY 28,000,000 to the new project, with the remaining CNY 26,523,440 of unallocated funds kept in a dedicated account for future projects. This strategic adjustment aims to optimize the company’s layout in the new energy sector.

The "high-performance lithium battery materials project," which had an initial investment of CNY 63,649,423.26, has been terminated, with the remaining capital being channeled into the new smart manufacturing initiative. The company will continue to hold unallocated funds in a special account until specific projects are identified. The shift reflects a strategic effort to enhance smart manufacturing capabilities and consolidate its position within the new energy materials industry. All related internal transactions were approved without involving external related parties or affecting the company's control structure.

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

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