Shenzhen SEICHI Technologies Co., Ltd.SSE: 688627

(688627)"SHENZHEN SEICHI TECHNOLOGIES CO., LTD."Announcement on Use of Raised Funds to Replace Self-raised Funds Previously Invested in Raised Funds Investment Projects and Used to Pay Issuance Expenses

· Issued by Shenzhen SEICHI Technologies Co., Ltd. via Shanghai Stock Exchange

Filed with SSE · Stock code 688627 · · 4 pages · Chinese

Summary by 6ix AI

Shenzhen SEICHI Technologies Co., Ltd. announced its decision to use raised funds to replace self-raised funds previously invested in projects and to cover issuance expenses. The company plans to replace a specific amount of self-raised funds that were used for investment projects and expenses with the funds raised from a recent stock issuance. The board approved this plan during a meeting held in early October, confirming compliance with relevant regulations. The filing includes verification opinions from both the accounting firm and the sponsor, affirming the appropriateness of the fund usage.

Written in English by 6ix AI from the company’s Chinese-language filing. How 6ix writes summaries

On 6ix: 6ix.com/news/688627shenzhen-seichi-technologies-co-ltdannouncement-on-use-of-raised-funds-to-replace-self-raised-funds-previously-invested-in-raised-funds-investment-projects-and-used-to-pay-issuance-expenses

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Announcement on Use of Raised Funds to Replace Self-raised Funds Previously Invested in Raised Funds Investment Projects and Used to Pay Issuance Expenses

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