浙江交科: 关于设立募集资金专户并签订三方监管协议的公告

Core Points - Zhejiang Transportation Technology Co., Ltd. has established a special account for raised funds and signed a tripartite supervision agreement with its sponsors and a bank to ensure proper management of the funds [1][2][3] Fundraising Overview - The company has issued 25 million convertible bonds with a face value of RMB 100 each, totaling RMB 250 billion, with net proceeds after fees amounting to RMB 249,442.45 million [1] - The funds will be used for specific investment projects, and the company has agreed to temporarily use up to RMB 300 million of idle funds to supplement working capital [2] Special Account and Agreement Details - A special account has been opened at Hangzhou Bank for the management of the raised funds, specifically for the use of idle funds to supplement working capital [2][4] - The tripartite supervision agreement outlines the responsibilities of all parties involved, including the requirement for funds to be used solely for designated purposes and the establishment of a regulatory framework for fund usage [3][4][6] Regulatory Compliance - The agreement mandates compliance with relevant laws and regulations, ensuring that the funds are managed in accordance with the company's fundraising management system [4][6] - The supervising institutions have the right to conduct audits and checks on the fund usage, with specific procedures for reporting and accountability established [5][6][7]