He Mai Co., Ltd. has announced its intention to permanently supplement its working capital using 650 million yuan of its surplus funds. This amount represents 13.41% of the total surplus funds raised. The company assures that this allocation will not affect the construction needs of the projects financed by the raised funds and commits to refraining from high-risk investments in the next 12 months.
Since its initial public offering, He Mai Co., Ltd. has raised a total of 5.578 billion yuan, with a net amount of 5.406 billion yuan actually raised. The decision to utilize the surplus funds has been approved by both the board of directors and the supervisory board, and it will be submitted for approval at the upcoming shareholders’ meeting.
In the first three quarters of 2024, He Mai Co., Ltd. reported a revenue of 1.266 billion yuan and a net profit attributable to shareholders of 246 million yuan.
