Halo Micro(SH:688173) Shang Hai Zheng Quan Bao·2025-11-12 18:49Group 1 - The company has established a special account for raised funds and signed a tripartite supervision agreement for the storage of these funds [1][3][19] - The company was approved to publicly issue 40,010,000 shares at a price of RMB 33.57 per share, raising a total of RMB 1,343.14 million, with a net amount of RMB 1,221.41 million after deducting issuance costs [2][19] - The company held board meetings on October 13, 2025, to approve the establishment of the special account to enhance the efficiency of fund usage [2][19] Group 2 - The tripartite supervision agreement was signed with the sponsor and three banks, including Industrial Bank, Shanghai Pudong Development Bank, and Zhuhai China Resources Bank [3][5][14] - The special accounts are exclusively for the storage and use of excess funds raised from the initial public offering and cannot be used for other purposes [6][10][14] - The company is required to notify the sponsors if it withdraws more than 20% of the net raised funds within 12 months [8][12][17] Group 3 - The sponsors have the right to supervise the use of the raised funds and can conduct on-site investigations and written inquiries [7][11][16] - The agreement stipulates that the banks must provide monthly account statements to the company and sponsors [8][12][17] - The agreement is governed by Chinese law and any disputes will be resolved through arbitration [9][18]