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Naura Technology subsidiary repays 1.3bn yuan in idle funds early

October 17, 2025 at 09:51 AM UTCBy FilingReader AI

Naura Technology Group Co., Ltd. announced that its wholly-owned subsidiary, Beijing Naura Microelectronics Equipment Co., Ltd., has fully repaid 130,000万元 of idle raised funds that were temporarily used to supplement working capital. This repayment occurred on October 17, 2025, ahead of the original deadline of October 29, 2025. The original resolution for this temporary use of funds was approved by the Eighth Board of Directors’ Seventeenth Meeting and the Eighth Board of Supervisors’ Twelfth Meeting on October 29, 2024.

The company confirmed that the funds were utilized in accordance with the authorized amount and period, and were exclusively allocated to production and operational activities related to its main business. This arrangement did not alter the intended use of the raised funds, nor did it impact the normal progression of investment projects. Furthermore, there was no direct or indirect use of these idle raised funds for securities investments, derivative product transactions, or other high-risk investments.

Naura Microelectronics utilized 130,000万元 of idle raised funds for temporary working capital. Naura Technology has informed its sponsoring institution and representatives about the return of these funds, confirming the completion of the fund repayment process.

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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