Fujian Yuanli Active Carbon (SZ:300174) Zheng Quan Zhi Xing·2025-05-19 10:00Fundraising Overview - The company has issued 9,000,000 convertible bonds with a face value of RMB 100 each, raising a total of RMB 900 million, netting RMB 885,278,301.89 after deducting issuance costs of RMB 14,721,698.11 [1] - The raised funds are designated for the "Nanping Yuanli Environmental Protection Activated Carbon Construction Project" [1] Change in Fund Allocation - The company has approved a change in the use of part of the raised funds, reallocating RMB 22,121 million to a new project, "Annual Production of 2,000 Tons of Porous Carbon Construction Project," which will be managed by its wholly-owned subsidiary, Yuanli New Energy Carbon Materials (Nanping) Co., Ltd. [1] Fund Management and Supervision - A fundraising supervision agreement has been signed between the company, its subsidiary, the sponsor Guojin Securities, and Industrial Bank Co., Ltd. to ensure proper management and usage of the raised funds [2] - A dedicated account has been opened at Industrial Bank specifically for the storage and use of funds related to the new project, with a balance of RMB 30 million as of April 29, 2025 [2] Supervision Responsibilities - Guojin Securities is responsible for overseeing the use of the raised funds, with the authority to conduct on-site investigations and written inquiries [3] - The company and Industrial Bank are required to cooperate with Guojin Securities during their investigations [3] Agreement Validity - The supervision agreement will remain effective until all funds in the dedicated account are fully utilized and the supervision period by Guojin Securities concludes [4]