FLARIANT(SH:605566) Zheng Quan Zhi Xing·2025-07-16 08:14Fundraising Overview - The company has issued 33.34 million shares at a price of 32.21 RMB per share, raising a total of 1,073,881,400 RMB, with a net amount of 974,050,713.22 RMB after deducting issuance costs [1][2] Three-Party Supervision Agreement - The company signed a Three-Party Supervision Agreement with the sponsor CITIC Securities and Zhejiang Xiaoshan Rural Commercial Bank on July 16, 2025, to regulate the storage, use, and management of the raised funds [2][3] - The special account for the raised funds is designated for the project of producing 3,000 tons of high-fastness green disperse dye filter cake and 300 tons of key intermediates for clean production technology reform, with a maximum storage amount of 59.15 million RMB [2][3] Main Content of the Agreement - The agreement stipulates that the raised funds must not be used for non-designated purposes and outlines the procedures for cash management of temporarily idle funds [3][4] - The sponsor is responsible for continuous supervision of the fund management and usage, with the right to conduct on-site investigations and inquiries [4][5] - Monthly account statements must be provided by the bank to both the company and the sponsor [5][6] Compliance and Penalties - If the company withdraws more than 20% of the net amount of raised funds within 12 months, it must notify the sponsor within two working days [5][6] - The bank is liable for penalties if it fails to provide timely account statements or does not cooperate with the sponsor's investigations [6]