Fundraising Overview - The company has received approval from the China Securities Regulatory Commission to issue 86,546,026 A-shares at a price of 12.71 yuan per share, raising a total of approximately 1.1 billion yuan, with a net amount of about 1.09 billion yuan after deducting issuance costs [1][2] Fund Management and Supervision - A tripartite supervision agreement for the management of the raised funds has been signed with relevant financial institutions to ensure compliance with regulations and protect investor rights [1][3] - As of August 8, 2025, the balance in the dedicated account for the raised funds is approximately 1,094.15 million yuan, which is exclusively for the use of the funds raised from the A-share issuance [3][4] Responsibilities and Compliance - The company is required to comply with various laws and regulations regarding fund management and usage, and must maintain detailed records of all fund expenditures [4][5] - The sponsoring institution is responsible for supervising the use of the raised funds and must conduct regular checks on the dedicated account [4][6] Reporting and Accountability - The company must provide monthly account statements to the sponsoring institution and notify them of any significant withdrawals exceeding 20% of the net raised funds [5][6] - Failure to comply with the reporting requirements may result in the termination of the supervision agreement and the need to establish a new dedicated fund account [6]
烽火通信科技股份有限公司关于签订募集资金专户存储监管协议的公告