UCAP(SH:688228) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-04-18 08:45Fundraising Overview - The company, Kaipu Cloud Information Technology Co., Ltd., successfully completed its initial public offering (IPO) of 16,783,360 shares at a price of 59.26 RMB per share, raising a total of 994.5819 million RMB, with a net amount of 897.3037 million RMB after deducting issuance costs [1] - The funds were fully received by March 23, 2020, and verified by Tianjian Accounting Firm [1] Fund Management and Usage - The company signed a tripartite supervision agreement for the management of the raised funds, involving the sponsor, Guojin Securities, and the supervising bank [2] - The company approved the use of part of the raised funds to provide interest-free loans to its wholly-owned subsidiary, Beijing Kaipu Cloud Information Technology Co., Ltd., for a big data service platform upgrade project, with a total loan amount not exceeding 203.681 million RMB [2] - In a subsequent board meeting, the company authorized additional loans of up to 25 million RMB to Kaipu Cloud Intelligent Computing Technology (Suqian) Co., Ltd. and 70 million RMB to Beijing Kaipu for the same project [2][3] Regulatory Compliance - The tripartite supervision agreement ensures that the raised funds are stored in a dedicated account solely for the specified project and prohibits any other use [4] - The supervising bank is required to provide monthly account statements to the company and the sponsor, ensuring transparency in fund usage [6] - The sponsor has the right to conduct on-site investigations and audits of the fund usage, ensuring compliance with relevant regulations [5][6]