Gelonghui August 15?Announcement of 688101.SHDue to the inability to obtain land for the implementation of the fund-raising project and other reasons, the construction of the project was not as expected. The 26th meeting of the third session of the Board of Directors and the 18th meeting of the third session of the Board of Supervisors examined and passed the "bill on canceling the implementation of some fund-raising projects". The original project was cancelled on September 30, 2021. In order to improve the efficiency of the funds raised, the company decided to use the cancelled inorganic ceramic nanofilter element and its water purifier production line project to carry out new fund-raising projects.
The company's new fund-raising investment project raised funds to invest in the Baicheng sewage treatment plant expansion project,Bid raising and Reconstruction Project of sewage treatment Plant in Dingtao District of Heze City,Juye county sewage treatment plant bid raising and reconstruction project.
The total amount of funds raised by the original project is 500 million yuan, and the amount of funds raised has been put into use is 60800 yuan. The balance of funds raised now is 543.7387 million yuan. The funds raised for the proposed new project are expected to raise RMB 203.3794 million yuan, and the remaining funds raised are expected to be 3403.53 million yuan. The company's board of directors will determine the specific use of this part of the funds as soon as possible according to the needs of the company's business and strategic development.