CABIO(SH:688089) Zheng Quan Zhi Xing·2025-09-02 12:22Fundraising Overview - The company, Jia Bi You Biotechnology (Wuhan) Co., Ltd., successfully raised a total of RMB 717 million through the issuance of 30 million A-shares at a price of RMB 23.90 per share [1] - After deducting issuance costs of RMB 68.67 million, the net amount raised was RMB 648.33 million, which was verified by an accounting firm [1] Fund Management and Usage - The company established a management system for the use and management of raised funds to ensure compliance and protect investor rights [2] - A tripartite supervision agreement was signed with Guotai Junan Securities and several banks to ensure the funds are used appropriately [2][3] Account Closure - The company has closed a specific fundraising account at China Merchants Bank, as the funds in that account have been fully utilized according to regulations [3] - Following the account closure, the tripartite supervision agreement related to that account has also been terminated [3]