Champion Asia Technology announces postponement of fundraising and investment projects

On December 23, Junya Technology (603386) announced that the estimated completion time of the "800,000 square meters of intelligent interconnected high-precision circuit board project" will be postponed from December 2024 to December 2025. This decision is based on changes in the macroeconomic and market environment. The company took into account the actual operating conditions during the implementation of the project and chose to slow down the project progress to improve the efficiency of the use of raised funds. As of December 20, 2024, the project has accumulated a total investment of 94.42 million yuan in raised funds, and the remaining amount of raised funds (including interest income) is 89.65 million yuan. Due to the delay in the actual investment progress of the project, part of the funds will be raised by self-financing to solve the shortfall.