Kiwi Instruments(SH:688045) Zheng Quan Zhi Xing·2025-08-15 16:35Core Viewpoint - The document outlines the fundraising management measures of Shenzhen Biyimi Electronics Co., Ltd., aiming to standardize the management and use of raised funds, protect investors' rights, and ensure compliance with relevant laws and regulations [3][4]. Group 1: General Principles - The company establishes these measures to regulate the management and use of funds raised through stock issuance, excluding funds for equity incentive plans [3]. - The board of directors is responsible for continuously monitoring the storage, management, and use of raised funds to mitigate investment risks and enhance fund utilization efficiency [3][4]. - Directors and senior management must act diligently to ensure the safety of raised funds and are prohibited from altering the intended use of these funds without proper authorization [4]. Group 2: Fund Storage - The company must store raised funds in a dedicated account approved by the board, ensuring safety and ease of supervision [5]. - A tripartite supervision agreement must be signed with the sponsor or independent financial advisor and the commercial bank where the funds are stored, detailing the management of the raised funds [5][6]. Group 3: Fund Usage - Funds must be used strictly according to the purposes outlined in the prospectus or other public issuance documents, and any changes in usage require board approval [6][7]. - If a fundraising project faces significant changes in market conditions or delays, the company must reassess the project's feasibility and disclose the situation [7][8]. - The company is prohibited from using raised funds for financial investments or providing funds to controlling shareholders or related parties for improper benefits [8]. Group 4: Changes in Fund Investment Projects - Any changes in the use of raised funds must be approved by the board and disclosed to shareholders, especially if it involves terminating original projects or changing the project implementation entity [12][13]. - New investment projects must align with the company's main business and undergo thorough feasibility analysis to enhance competitiveness and innovation [12][13]. Group 5: Management and Supervision of Fund Usage - The company must accurately disclose the actual use of raised funds and report any significant deviations from the investment plan [14][15]. - The sponsor or independent financial advisor is required to conduct regular audits and provide reports on the management and usage of raised funds [15]. Group 6: Use of Excess Funds - The company must plan the use of excess funds according to its development strategy, primarily for ongoing and new projects, and disclose the necessity and rationale for using these funds [16][17]. - Any temporary use of excess funds for cash management or to supplement working capital must be justified and approved by the board [17].