宇环数控: 关于签订募集资金三方监管协议的公告

Fundraising Overview - The company, Yuhuan CNC Machine Tool Co., Ltd., successfully completed its initial public offering (IPO) by issuing 25 million shares at a price of 12.78 RMB per share, raising a total of 319.5 million RMB, with a net amount of 272.67 million RMB after deducting issuance costs of 46.83 million RMB [1][2] Fund Management and Usage - To ensure proper management and usage of the raised funds, the company has established special accounts at various banks and signed a tripartite supervision agreement with the banks and its sponsor, Anxin Securities [1][2] - The company has changed the implementation method of its fundraising project from "Precision Efficient Intelligent Grinding Equipment Upgrade Project" to "Precision Efficient Intelligent Grinding Equipment and Production Line Upgrade Project," with the new implementation entity being its wholly-owned subsidiary, Hunan Yuhuan Intelligent Equipment Co., Ltd. [2][3] Recent Developments - The company’s fifth board meeting and the 2024 annual general meeting approved the change of the fundraising project to "High-end CNC Grinding Machine R&D Center Construction Project," with plans to increase capital to its subsidiary, Yuhuan Intelligent, for this project [3][4] - A special account for the fundraising has been opened at China Merchants Bank, with a total deposit of approximately 68.63 million RMB allocated for the high-end CNC grinding machine R&D center construction project [6][7] Tripartite Supervision Agreement - The tripartite supervision agreement stipulates that the funds must only be used for the designated project and outlines the responsibilities of the parties involved, including the bank and the sponsor, in overseeing the fund's usage [6][7] - The agreement includes provisions for regular inspections and reporting to ensure compliance with the regulations and proper management of the funds [6][7]