Core Viewpoint - Xueda Education announced that it will waive the relevant review procedures for the remaining funds due to the balance being below five million RMB or less than 1% of the net amount raised [1] Group 1: Financial Details - The balance of the raised funds in the special account is 1,030,807.04 RMB, which consists entirely of interest earned during the period the funds were held [1] - The company will permanently supplement its working capital with the remaining raised funds and transfer them to its basic bank account [1] - Following the permanent supplementation of working capital, the company will close the special account where the raised funds were held [1] Group 2: Regulatory Actions - The termination of the special account will also lead to the end of the tripartite supervision agreement signed with the sponsor and the bank that opened the special account for the raised funds [1]
学大教育:关于募集资金使用完毕并注销募集资金专户的公告