NEO(SH:600184) Zheng Quan Zhi Xing·2025-07-21 16:17Fundraising Overview - The company has received approval from the China Securities Regulatory Commission to issue 73,966,642 A-shares at a price of RMB 13.79 per share, raising a total of RMB 1,019,999,993.18, with net proceeds of RMB 1,009,449,486.02 after deducting issuance costs of RMB 10,550,507.16 [1][2] Fund Management and Regulatory Agreement - The company has established a special account for the management and use of the raised funds, signing a tripartite supervision agreement with its sponsor, CITIC Securities, and China Merchants Bank [1][3] - The special account is exclusively for the storage and use of the raised funds, prohibiting any non-fund deposits or alternative uses [3][4] - The company is authorized to invest temporarily idle funds in cash management products, with specific reporting obligations to the sponsor [3][4] Compliance and Oversight - The sponsor is responsible for ongoing supervision of the fund management, including conducting site investigations and providing monthly reports on the status of the funds [4][5] - The agreement stipulates that any changes in the sponsor's representatives must be communicated in writing, ensuring transparency and compliance [5][6] - The agreement will remain effective until all funds are fully utilized and the oversight period concludes, allowing the company to apply for account cancellation thereafter [6]