Fundraising Overview - Shenzhen Weimais New Energy (Group) Co., Ltd. has successfully completed its initial public offering (IPO) of 42.1 million shares at a price of RMB 47.29 per share, raising a total of RMB 199,090.90 million, with a net amount of RMB 183,581.54 million after deducting issuance costs [2][3] - The company has established a special account for the management and use of the raised funds, which have been fully deposited into this account [2][4] Special Account Establishment - On July 2, 2025, the company approved the establishment of a special fundraising account and signed a tripartite supervision agreement with the underwriter and the bank [3][4] - The company plans to use RMB 19,000.00 million of the excess raised funds to increase capital in its wholly-owned subsidiary, Wuhu Weimais New Energy Co., Ltd., for the construction of a new electric drive assembly production base [3][4] Tripartite Supervision Agreement - The tripartite agreement involves Shenzhen Weimais, Wuhu Weimais, Shanghai Pudong Development Bank Shenzhen Branch, and Dongfang Securities Co., Ltd. [5][6] - The special account is designated solely for the storage and use of funds related to the electric drive assembly production base project, with a current balance of RMB 0 as of July 21, 2025 [5][6] - The agreement stipulates that any withdrawal exceeding RMB 50 million or 20% of the net raised funds must be reported to the underwriter [7][8] Share Buyback Progress - The company has initiated a share buyback plan, intending to use between RMB 50 million and RMB 100 million for this purpose, with the buyback period set for 12 months from the approval date [9][10] - As of July 31, 2025, the company has repurchased 2,643,131 shares, accounting for 0.6279% of the total share capital, with a total expenditure of RMB 66,687,192.14 [12][13]
深圳威迈斯新能源(集团)股份有限公司关于增加设立募集资金专项账户并签署募集资金专户存储三方监管协议的公告