---
title: "XDLK: Plans to use its own funds to pay for the investment, and subsequently replace it with an equivalent amount of raised funds"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/253446894.md"
description: "XDLK held a board meeting and decided to use its own funds to pay for the fundraising project funds, and to replace them with the raised funds of equal amount. The net amount raised from the company's 2023 IPO is 1.354 billion yuan, and the fundraising projects include the development of high-performance MEMS devices, among others. Some projects have been postponed and changed, with the addition of the \"Inertial Measurement Unit Development and Industrialization Project.\" This move aims to improve the efficiency of fund utilization and save financial costs, and the necessary approval procedures have been completed"
datetime: "2025-08-18T11:04:53.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/253446894.md)
  - [en](https://longbridge.com/en/news/253446894.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/253446894.md)
generator: "portal-rs"
---

# XDLK: Plans to use its own funds to pay for the investment, and subsequently replace it with an equivalent amount of raised funds

XDLK held a board of directors and supervisory board meeting to review and approve the proposal to use its own funds to pay for the required funds for the fundraising investment projects and to replace them with the equivalent amount of raised funds. The company raised a net amount of 1.354 billion yuan from its initial public offering in 2023. This fundraising investment project involves the development and packaging testing of high-performance MEMS devices. Some fundraising investment projects have been postponed and changed in 2025, with the addition of the "Inertial Measurement Unit Development and Industrialization Project." The use of self-owned funds for replacement is mainly due to payment restrictions and operational inconveniences related to salaries, taxes, and other expenses. This measure will improve the efficiency of fund utilization, save financial costs, and has already gone through the necessary approval procedures, with no objections from the sponsor

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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**