SMIC(SH:600810) Shang Hai Zheng Quan Bao·2025-06-20 19:31Group 1 - The company has received approval from the China Securities Regulatory Commission to issue 30 million convertible bonds at a price of 100 RMB each, raising a total of 300,000 million RMB, with a net amount of 296,364.72 million RMB after expenses [2] - The company plans to use part of the remaining funds from a terminated project to invest in two new projects: 32,800 million RMB for a nylon 6 chip project and 27,300 million RMB for a 50,000 tons/year adiponitrile project [3] - The company has established special accounts for the new fundraising projects and signed a four-party supervision agreement to ensure proper management of the raised funds [4] Group 2 - The four-party supervision agreement includes the company, its subsidiaries, the underwriting institution, and the bank, ensuring that the funds are used only for the disclosed projects [5][6] - The agreement stipulates that any withdrawal exceeding 20% of the net raised funds must be reported to the underwriting institution within two working days [8] - The agreement will remain effective until all funds are fully utilized and the supervision period by the underwriting institution ends [9]