CENTURY HUATONG(SZ:002602) Zheng Quan Zhi Xing·2025-08-29 18:21Core Viewpoint - The document outlines the fundraising management system of Zhejiang Century Huatong Group Co., Ltd., emphasizing the proper storage, management, and utilization of raised funds to enhance their effectiveness and ensure compliance with relevant laws and regulations [1]. Group 1: General Provisions - The fundraising refers to funds raised through the issuance of stocks or other equity-like securities for specific purposes, excluding funds raised for equity incentive plans [1]. - The company must ensure that subsidiaries or controlled entities comply with the fundraising management system [1]. Group 2: Fund Storage and Management - The company is required to store raised funds in a special account approved by the board of directors and must sign a tripartite supervision agreement with the sponsor and the commercial bank within one month of the funds being in place [2]. - The tripartite agreement must include details such as the special account number, project details, and withdrawal notifications for significant amounts [2][3]. Group 3: Fund Utilization - The company must use raised funds prudently, ensuring alignment with the commitments made in the issuance application documents and must not change the investment direction without proper procedures [4]. - Funds must be used specifically for the main business and should not be allocated for high-risk investments or financial assistance to others [4][5]. Group 4: Changes in Fund Usage - Any changes in the use of raised funds must be approved by the board of directors and disclosed promptly, especially if it involves new projects or permanent funding [11][12]. - The company must conduct feasibility analyses for new investment projects to ensure they have good market prospects and profitability [23]. Group 5: Fund Management and Supervision - The accounting department must maintain detailed records of the usage of raised funds, and internal audits should be conducted quarterly [28]. - The board of directors must regularly review the actual storage, management, and usage of raised funds and report any discrepancies [29][30].