ST Pawa announced that the company's initial public offering of shares in 2022 raised 1,595 billion yuan in net capital. As of June 30, 2026, the balance of the raised funds storage account was RMB 28.493,400. The company used a total of 322 million yuan of idle raised capital to temporarily supplement working capital, and used part of the overraised capital of 30 million yuan to buy back shares. In addition, the company terminated the “15,000 tons/year output of the Tertiary Precursor Project” and sold related assets. The Lanxi Development Zone Management Committee has already paid 368.662 million yuan, and the rest is still being paid.

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