23, Xiuqiang issued an announcement that the board of directors of the company had considered and approved the Bill on the Extension of Some Fund-raising Investment Projects, and agreed that the company should invest in the project according to the actual situation and investment progress of the project. Under the condition that the main body, the place of implementation, the purpose of investment and the scale of investment of the raised funds have not changed. For "Intelligent Glass Production Line Construction Project" and " BIPV Glass and BIPV The time for the component production line project to reach the scheduled usable state is adjusted from the original plan of December 31 , 2025 to June 30 , 2027.
This is the second extension of the project. According to the
data, the approval of the China Securities Regulatory Commission (CSRC) on the approval of Jiangsu Xiuqiang Glass Technology Co., Ltd. In 2022, Xiuqiang issued 154,773,869 RMB ordinary a shares to specific targets at the issue price of RMB5.97 per share, raising a total of approximately RMB924 million, after deducting the issuance related expenses of RMB9,832,200.37. The actual net proceeds were approximately RMB 9. The above proceeds were transferred to the designated account of the Company on 20 December 2022.
However, on April 10, 2024, Xiuqiang announced that the company intends to change part of the investment content, implementation location and project extension.
The original project "BIPV Component Production Line Project" is to be renamed "BIPV Glass and BIPV Component Production Line Project". The total investment of the project increased from 248.2 million to 2.
"Intelligent Glass Production Line Construction Project", The expected date of reaching the usable state of the "BIPV Glass and BIPV Module Production Line Project" is extended from January 10, 2025 to December 31 , 2025.
Now, the project has been extended for another year and a half until June 30, 2027.
On October 23, Xiuqiang shares also announced its third quarter results in 2025.
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