CAIP(SH:603035) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-11-13 23:22Fundraising Overview - The company has been approved to publicly issue convertible bonds totaling RMB 992.424 million, with a net fundraising amount of RMB 979.276 million after deducting fees [1][2] - The funds will be temporarily used to supplement working capital, with a maximum of RMB 40 million allocated for this purpose [1][2] Fund Management and Oversight - A tripartite supervision agreement for the management of the raised funds has been signed between the company, China Agricultural Bank, and the sponsor, CITIC Securities [2][4] - The special account for the raised funds was opened on November 11, 2025, with a balance of zero at the time of opening [3][4] Agreement Details - The special account is exclusively for the temporary use of idle raised funds and cannot be used for other purposes [4][5] - The sponsor is responsible for supervising the use of the raised funds and must conduct at least biannual inspections [5][6] - The agreement stipulates that any withdrawal exceeding RMB 50 million must be reported to the sponsor [6][7]