佛燃能源集团股份有限公司关于募集资金使用完毕及募集资金专用账户注销完成的公告

Fundraising Overview - The company raised a total of RMB 780.64 million through its initial public offering, with a net amount of RMB 714.88 million after deducting various fees [1] - The funds were verified by an accounting firm and the verification report was issued on November 15, 2017 [1] Fund Management - The company established a special account for the management and storage of the raised funds, in compliance with relevant laws and regulations [2] - A tripartite supervision agreement was signed with the underwriter and the bank to ensure proper management of the funds [2] Fund Usage and Account Closure - As of the announcement date, all funds from the special account have been fully utilized, and the company decided to close the account [3][4] - The remaining balance of RMB 9,853.82, which consists entirely of interest earned during the fund storage period, will be transferred to the company's own funds for permanent working capital [2][3] Regulatory Compliance - The company is exempt from board and shareholder meeting approvals for the closure of the fundraising account and the use of remaining funds, as the surplus is below RMB 5 million or less than 1% of the net fundraising amount [3]