Core Viewpoint - The document outlines the fundraising management system of Baoding Dongli Machinery Manufacturing Co., Ltd, aiming to enhance the efficiency and effectiveness of fundraising usage while protecting the rights of the company, shareholders, creditors, and employees [1]. Group 1: General Principles - The system is established to regulate the use and management of raised funds, ensuring compliance with relevant laws and regulations [1][2]. - The term "raised funds" refers to money obtained through the issuance of stocks or other equity-like securities for specific purposes, excluding funds raised for stock incentive plans [1]. Group 2: Fund Usage and Management Principles - Raised funds can only be used for projects publicly announced by the company, with the board responsible for assessing the feasibility of investment projects based on various factors [2][3]. - The board must ensure that the use of raised funds is transparent, standardized, and beneficial to the company and its investors [2][3]. Group 3: Fund Storage and Verification - Upon receiving raised funds, the company must promptly complete verification procedures and store the total amount in a designated account [3][4]. - A tripartite supervision agreement must be signed with the sponsor or independent financial advisor and the commercial bank where the funds are stored [5][6]. Group 4: Fund Usage Regulations - The company is prohibited from changing the purpose of raised funds without shareholder approval and must ensure the authenticity and fairness of fund usage [3][4][5]. - Funds must be used according to the investment plan disclosed in the issuance application, and any significant deviations must be reported [7][8]. Group 5: Reporting and Supervision - The board is required to continuously monitor the actual storage, management, and usage of raised funds, providing semi-annual and annual reports [18][19]. - Independent directors must ensure that the actual usage of funds aligns with the company's disclosures, and they can hire accounting firms for verification [19][20]. Group 6: Legal Responsibilities - Violations of the fundraising management system may result in disciplinary actions against responsible individuals, including warnings or termination of employment [42].
东利机械: 募集资金使用管理制度