On December 24, Ge Longhui reported that Lande Co., Ltd. (605060.SH) announced that, apart from the "High Precision Machinery Components Production Construction Project," the other projects funded by the initial public offering have been completed. After the completion of the high precision machinery components production construction project, all the projects funded by the initial public offering have been fully implemented and completed.
As of December 21, 2024, the company has a total of 65.7688 million yuan in surplus raised funds from the initial public offering of stocks (including interest income net of handling fees, the actual amount is based on the amount transferred to the company's own account), accounting for 7.64% of the net amount raised from the initial public offering. The company intends to permanently replenish the above surplus raised funds into working capital.