Fundraising Overview - The company Guangdong Xinya Cable Co., Ltd. has successfully completed its initial public offering (IPO) of 62 million shares at a price of 7.40 RMB per share, raising a total of 458.8 million RMB, with a net amount of 400.71 million RMB after deducting issuance costs [1][2][4] Fund Management - To ensure proper management and usage of the raised funds, the company has established a dedicated account and signed a tripartite supervision agreement with the sponsor and the bank, in compliance with relevant regulations [1][4] Fund Usage and Account Closure - The funds raised for supplementing working capital have been fully utilized, leading to the closure of the dedicated account at China Construction Bank, with a remaining balance of 49.30 RMB transferred to the company's main account [1][3][4]
新亚电缆: 关于注销募集资金专项账户的公告