Recodeal(SH:688800) Shang Hai Zheng Quan Bao·2025-11-25 18:55Summary of Key Points Core Viewpoint - Suzhou Ruikeda Connection System Co., Ltd. has successfully issued convertible bonds amounting to RMB 1 billion, with a net amount of RMB 988.85 million after deducting issuance costs, and has established a special account for the management of these funds [2][3][4]. Group 1: Fundraising Details - The company issued 10 million convertible bonds with a face value of RMB 100 each, for a total of RMB 1 billion, with a maturity of 6 years [2]. - The actual net amount raised after deducting issuance costs of RMB 11.15 million is RMB 988.85 million, which was verified by a certified public accountant [2]. Group 2: Special Account and Agreement - The company has opened a special account for the management of the raised funds, authorized by the board of directors, to ensure proper storage and usage of the funds [3][4]. - A tripartite supervision agreement has been signed among the company, the underwriter Dongwu Securities, and the banks holding the funds to regulate the management and usage of the raised funds [4][5]. Group 3: Key Provisions of the Tripartite Agreement - The special account is exclusively for the storage and use of funds raised from the convertible bond issuance, specifically for designated projects [6][12]. - The underwriter is responsible for supervising the usage of the funds and must conduct semi-annual inspections of the fund management [8][13]. - Any withdrawal exceeding 20% of the net amount raised must be reported to the underwriter, ensuring transparency in fund usage [9][22].