KEHUA HENGSHENG(SZ:002335) Zheng Quan Zhi Xing·2025-09-03 10:16Fundraising Overview - The company has issued 14,920,680 convertible bonds at a price of 100 yuan each, raising a total of 1,492,068,000 yuan, which was fully received by August 29, 2023 [1] - The issuance was approved by the China Securities Regulatory Commission on August 23, 2023 [1] Fund Management and Supervision - A special account for the raised funds has been opened at China Construction Bank, with the account number 35150198030109002888 [2] - A tripartite supervision agreement has been established among the company, its subsidiary, and the bank to ensure proper management and usage of the funds [2][3] - The funds are to be used solely for temporary liquidity support and not for any other purposes [2] Agreement Details - The agreement stipulates that the company must comply with various laws and regulations regarding fund management [3] - The designated sponsor will supervise the usage of the funds and conduct semi-annual inspections [4] - The company is required to maintain detailed records of all fund usage, including approval documents and bank transfer vouchers [4] Compliance and Reporting - The bank must provide monthly account statements to the company and the sponsor [5] - Any withdrawal exceeding 50 million yuan or 20% of the net raised funds must be reported to the sponsor [5] - The agreement is effective upon signing and remains valid until all funds are fully utilized and the account is closed [5][6]