Changqing(SH:603768) Zheng Quan Zhi Xing·2025-05-29 08:19Fundraising Overview - The company raised a total of RMB 831.32 million through its initial public offering, with a net amount of RMB 781.32 million after deducting issuance costs of RMB 50.997 million [1] - The initial public offering involved issuing 51 million shares at a price of RMB 16.32 per share [1] Fund Allocation and Changes - The company initially planned to invest in the "Wuhu Changrui Automotive Stamping and Welding Parts Expansion Project," but in 2018, it changed the project to "Metal Sheet Green Clean Processing Production Line Construction Project," reallocating all remaining funds to the new project [2] Fund Management - The company established special accounts for the management of raised funds in compliance with various regulations, ensuring that the funds are used solely for their intended purpose [2] - The special accounts were opened at multiple banks, including Bank of Communications, Hefei Technology Rural Commercial Bank, and China Construction Bank [3] Account Closure - As of April 24, 2025, the company has completed the closure of special accounts related to its initial public offering projects, including the "Automotive Stamping and Welding Parts Technology Upgrade Project" and the "R&D Center Construction Project" [4] - The termination of the special accounts also led to the end of the tripartite supervision agreement with the underwriter and the banks [4]