Zheng Quan Zhi Xing·2025-05-09 08:39Group 1 - The issuer, Zhejiang Biyi Electric Appliance Co., Ltd., successfully completed its initial public offering (IPO) on February 15, 2022, issuing 46.665 million shares at a price of 12.50 RMB per share, raising a total of 583.31 million RMB, with a net amount of 518.57 million RMB after deducting issuance costs [1][2] - The continuous supervision period by the sponsor, CITIC Securities, spans from February 18, 2022, to December 31, 2024, during which the company is monitored for compliance with regulations and effective execution of internal controls [2][3] - During the supervision period, there were no significant issues requiring intervention from the sponsor, indicating a stable operational environment for the company [3] Group 2 - The company has established and effectively executed systems to prevent the controlling shareholder and related parties from misappropriating company resources, as well as to safeguard the interests of the company against potential misconduct by directors and senior management [2][3] - The sponsor has conducted regular checks and provided recommendations for improvements, ensuring that the company adheres to its commitments and maintains compliance with relevant regulations [2][3][4] - The management of raised funds has been compliant with legal requirements, with dedicated accounts for storage and usage, and no violations in the use of these funds have been reported [4][3] Group 3 - The company has successfully implemented an information disclosure system in accordance with legal regulations, ensuring transparency and accountability in its operations [3][4] - As of December 31, 2024, the company has not fully utilized the raised funds from its IPO, and the sponsor will continue to oversee the usage of these remaining funds [4][3] - There have been no additional reporting requirements from the China Securities Regulatory Commission or the stock exchange during the supervision period [4]