JINJIANG HOTELS(SH:600754) Zheng Quan Zhi Xing·2025-06-20 13:13Core Points - The document outlines the fundraising management measures of Shanghai Jin Jiang International Hotel Co., Ltd, aiming to enhance the efficiency of fund usage and protect investors' rights [1][2][3] - The company must ensure that raised funds are used strictly for approved purposes and comply with national industrial policies and regulations [2][5][9] - The management of raised funds includes establishing dedicated accounts, regular audits, and transparent reporting to stakeholders [3][14][15] Fundraising Management Principles - The company must not allow controlling shareholders or actual controllers to misuse or misappropriate the raised funds [2][4] - Funds must be deposited in special accounts approved by the board of directors, and any changes in fund usage must be approved through proper channels [3][19] - The company is required to conduct feasibility studies for projects funded by raised capital and disclose any significant changes in project plans [10][12] Fund Usage Regulations - Raised funds should primarily support the main business operations and cannot be used for financial investments or to benefit related parties improperly [5][6][9] - Any temporary use of idle funds for cash management must be approved by the board and disclosed to ensure it does not affect the main investment plans [13][14] - The company must report on the actual use of funds and any changes in investment projects to the board and shareholders [25][26] Oversight and Reporting - The company must maintain detailed records of fund usage and undergo regular internal audits to ensure compliance with the established management measures [4][15] - Independent financial advisors or sponsors are required to conduct ongoing supervision and report any irregularities to regulatory authorities [14][15] - Annual audits by certified public accountants must verify the management and usage of raised funds, with findings disclosed in the annual report [14][15]