BANK OF CHINA(601988) 证券之星·2025-03-30 09:13Core Points - The document outlines the management and usage of funds raised by the Bank of China, aiming to protect investors' interests and ensure the safety and efficiency of fund usage [1][10] - It establishes specific procedures for the storage, usage, and supervision of raised funds, including the requirement for special accounts and agreements with financial advisors [2][8] Fund Storage - The bank must open a special account for raised funds, which should only hold the raised funds and not be used for other purposes [1][2] - A storage supervision agreement must be signed with sponsors or independent financial advisors within one month of fund receipt, detailing account information and monitoring responsibilities [2] Fund Usage - The bank is required to use raised funds prudently and in accordance with the commitments made in the issuance application documents [3][5] - Any significant changes in the market environment or project status must be disclosed, and the bank must reassess the feasibility of investment projects under certain conditions [4][5] Fund Management and Supervision - The bank's accounting department must record the usage of raised funds, and internal audits should occur at least biannually [8][9] - The board of directors must continuously monitor the actual management and usage of raised funds and report findings in a special report [8][9] Changes in Fund Usage - Any changes in the use of raised funds must be approved by the board of directors and disclosed to shareholders [11][12] - Specific procedures must be followed for transferring or replacing investment projects, including detailed disclosures about the reasons and financial implications [15][16] Implementation and Compliance - The management measures outlined in the document will take effect upon board approval, replacing the previous version from 2014 [10][10] - The document will be updated in accordance with any changes in relevant laws or regulations [10]