Wonders Information returns yuan from idle funds to working capital
Wonders Information, in an announcement dated October 22, 2025, confirmed the full return of RMB 312 million previously used from idle raised funds to supplement working capital. The decision to temporarily utilize these funds, approved on October 24, 2024, by the company’s Eighth Board of Directors and Sixth Board of Supervisors meetings, aimed to enhance capital efficiency and reduce financial costs. The initial authorization allowed for up to RMB 600 million for a period not exceeding 12 months, without impacting the construction or progress of the raised fund investment projects.
The funds were allocated across various projects, including RMB 70 million for the Future Public Health Digital Management Project, RMB 20 million for the Big Data-based DRG/DIP Comprehensive Application Management Project, RMB 22 million for the Smart Medical Data Capability Open Service Platform (Wise-HDP) and Application System Project, RMB 60 million for the Citizen Cloud Open Service Platform, RMB 110 million for the Future Community Operations Service Platform, and RMB 30 million for the Enterprise Human Resources Digital Platform Project.
The company stated that the entire RMB 312 million was returned to the designated raised funds special accounts on October 21, 2025. Wonders Information confirmed that it adhered to relevant regulations and internal policies throughout the period, ensuring that the temporary use of funds did not adversely affect the raised fund investment projects. The return of funds has been communicated to the sponsoring institutions and representatives.
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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