Zheng Quan Zhi Xing·2025-08-25 17:04Fundraising Overview - The company raised a total of RMB 113,511.12 million from the issuance of 17 million shares at a price of RMB 73.33 per share, with an oversubscription amount of RMB 1,566.33 million [1] - The funds have been verified and are fully in place as of July 12, 2023, by Rongcheng Accounting Firm [1] Fund Management - The company has established a dedicated account for the management of the raised funds and signed a tripartite supervision agreement with the sponsor and the bank [2] Use of Remaining Oversubscription Funds - The company plans to use RMB 33.10 million of the remaining oversubscription funds to permanently supplement its working capital, which aligns with its operational needs and benefits all shareholders [5][7] - After this allocation, the balance of the oversubscription account will be zero, and the company will cancel the relevant dedicated fund account [5] Compliance and Commitments - The company commits that the amount used for working capital will not exceed 30% of the total oversubscription funds within any 12-month period and will not engage in high-risk investments or provide financial assistance to others within 12 months after the fund allocation [5][6] Approval Process - The proposal for using the remaining oversubscription funds has been approved by the company's board of directors and supervisory board, and it will be submitted for review at the upcoming extraordinary shareholders' meeting [6][7] Supervisory Board Opinion - The supervisory board agrees that the use of remaining oversubscription funds for working capital meets legal requirements and does not conflict with the implementation of fundraising projects, fulfilling the company's operational liquidity needs [7] Sponsor's Verification - The sponsor has verified that the proposal has been duly approved by the board and supervisory board, and it complies with relevant regulations regarding the use of fundraising [7]