China Gold adjusts the 31.37 million yuan fundraising-for-investment structure, increasing funds for flagship store distribution to enhance market competitiveness.

Financial Network News China National Gold Group Gold Jewelry Co., Ltd. (stock code: 600916, hereinafter referred to as “China Gold”) announced on March 20 that the 17th meeting of the company’s second board of directors reviewed and approved the proposal on “Adjusting the Internal Investment Structure of Some Fundraising Projects.” This adjustment mainly involves the internal investment structure of the “Regional Flagship Store Construction Project.” Without changing the total investment amount of the project, 31.3729 million yuan will be reallocated from expenses such as store purchase, decoration, and equipment investment to shelf stocking funds, in order to adapt to market changes and enhance the company’s overall competitiveness.

The announcement shows that this adjustment by China Gold is a prudent decision based on the current market environment, the company’s business development plan, and the actual implementation status of the fundraising projects. The company stated that this adjustment does not change the implementing entity of the fundraising projects or the total investment amount, and there is no situation that alters or indirectly alters the direction of the raised funds or harms the interests of the company and its shareholders.

Overview of Fundraising Fund Usage

As of December 31, 2025, the usage of funds raised from the initial public offering of China Gold is as follows:

Details of Investment Structure Adjustment for Regional Flagship Store Construction Project

According to the announcement, China Gold has made the following adjustments to the internal investment structure of the “Regional Flagship Store Construction Project”:

The company stated that this adjustment is mainly based on the current market development situation and gold price trends, reducing expenses for store purchases, equipment purchases, and decoration, while correspondingly increasing shelf stocking funds, keeping the total investment amount of the project unchanged.

Reasons for Adjustment and Impact Analysis

China Gold pointed out in the announcement that the main reason for this adjustment is to appropriately expand the operational scale of flagship stores based on market changes, by increasing stock levels to enhance the company’s overall market competitiveness, better aligning with the company’s development strategy. The company emphasized that this adjustment will not affect the final products and application areas of the fundraising projects, but rather will be more beneficial for improving the competitiveness and market share of the final products.

The announcement also disclosed that the sponsoring institution has verified this adjustment matter, believing that the adjustment of the internal investment structure of some fundraising projects has followed the necessary procedures and complies with relevant laws, regulations, and normative documents, with no objections to this matter.

China Gold stated that it will strictly adhere to the “Self-Regulatory Guidelines for Listed Companies of the Shanghai Stock Exchange No. 1 - Standardized Operation” and “Regulations on the Supervision of Fundraising by Listed Companies,” ensuring that the use of raised funds is legal and effective. This adjustment will not have a significant adverse impact on the company’s normal operations and is in line with the long-term interests of the company and all shareholders.

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Editor: Xiao Lang Quick Report