CAPITALONLINE(SZ:300846) Shang Hai Zheng Quan Bao·2025-04-18 22:54Fundraising Overview - The company raised a total of RMB 715 million by issuing 55 million shares at RMB 13.00 per share, with a net amount of RMB 699.14 million after deducting issuance costs [1] - The funds will be used for specific projects, including the integrated cloud service platform upgrade and elastic bare metal platform construction [2][3] Fund Management and Supervision - A special fundraising account has been opened at Huaxia Bank to manage the raised funds, and a four-party supervision agreement has been signed [2] - The agreement stipulates that the funds in the special account can only be used for the designated projects and cannot be diverted for other purposes [2][3] - The company is required to notify the sponsor, CITIC Securities, of any cash management investments made with the funds [3][4] Compliance and Reporting - The sponsor has the right to supervise the use of the funds and conduct regular checks, with a minimum of semi-annual on-site investigations [4][5] - The bank must provide monthly account statements to both the company and the sponsor, ensuring transparency in fund management [5][6] - Any withdrawals exceeding RMB 50 million or 20% of the net raised funds must be reported to the sponsor within five working days [6] Use of Idle Funds - The company has temporarily used RMB 400 million of idle raised funds to supplement working capital, with a commitment to return the funds within 12 months [9][10] - As of the announcement date, a total of RMB 121 million has been returned to the special account, with RMB 183.09 million remaining to be returned [12]