---
title: "Xingtong Shipping: Adjusting the amount of raised funds to be invested in fundraising projects"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/244700676.md"
description: "On June 16, 2025, Xingtong Shipping held a board meeting to review and approve the proposal to adjust the amount of raised funds for the investment projects. According to the actual funding situation, the funds for the stainless steel chemical shipbuilding project were adjusted from 649 million yuan to 453 million yuan, the funds for the LPG shipbuilding project were adjusted from 175 million yuan to 0 yuan, and the supplementary working capital was adjusted from 300 million yuan to 180 million yuan. The adjustments do not involve changes in the use of raised funds and do not require the approval of the shareholders' meeting"
datetime: "2025-06-16T11:46:50.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/244700676.md)
  - [en](https://longbridge.com/en/news/244700676.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/244700676.md)
---

# Xingtong Shipping: Adjusting the amount of raised funds to be invested in fundraising projects

Xingtong Shipping announced that the company held a board of directors and supervisory board meeting on June 16, 2025, to review and approve the proposal to adjust the amount of funds to be invested in the fundraising projects. Based on the actual funds raised from the issuance of A-shares to specific targets, the amount of funds to be invested in the fundraising projects will be adjusted. The company's sponsor expressed no objections to the matter. This adjustment does not involve changes to the use of raised funds and does not require submission to the shareholders' meeting for approval. After the adjustment, the original planned use of raised funds for the stainless steel chemical shipbuilding project was 649 million yuan, which has been adjusted to 453 million yuan; the original planned use of raised funds for the LPG shipbuilding project was 175 million yuan, which has been adjusted to 0 yuan; the original planned use of raised funds for supplementary working capital was 300 million yuan, which has been adjusted to 180 million yuan

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