Summary of Key Points Core Viewpoint - The company has successfully completed its fundraising process, raising a total of approximately 3.53 billion yuan, with an excess of 522.58 million yuan, and has established a four-party supervision agreement for the management and use of these funds [1][2][3]. Fundraising Overview - The company was approved to issue 40 million shares at a price of 93.50 yuan per share, resulting in a net fundraising amount of 3,526,941,817.64 yuan [1]. - The funds were fully received by April 18, 2025, and the accounting firm has verified the receipt of these funds [1]. Fund Management and Supervision Agreement - A four-party supervision agreement was signed between the company, its wholly-owned subsidiary in Korea, the underwriting institution, and the bank to ensure proper management of the raised funds [3][5]. - The funds will be specifically allocated for the construction of an automotive electronics factory in Korea, and cannot be used for other purposes [6][7]. Special Account for Fund Storage - A special account for the raised funds has been established at KB Kookmin Bank, with a balance of zero as of June 24, 2025, indicating that the funds are yet to be utilized [4]. - The agreement stipulates that the subsidiary can manage the funds within the account but cannot withdraw them directly for other uses [6][7]. Compliance and Oversight - The underwriting institution is responsible for ongoing supervision of the fund usage, conducting at least biannual inspections of the fund's storage and usage [7][8]. - The agreement will remain in effect until all funds are fully utilized and the account is closed [8].
天有为: 关于签订募集资金专户存储四方监管协议的公告