SHBT(SH:603009) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2026-01-20 23:28Core Viewpoint - Shanghai Beite Technology Group Co., Ltd. has successfully completed the issuance of A-shares to specific investors for the year 2025, raising approximately RMB 300 million, with net proceeds amounting to approximately RMB 293.84 million after deducting issuance costs [4]. Group 1: Issuance Details - The company issued a total of 7,980,845 shares at a price of RMB 37.59 per share, resulting in a total fundraising amount of RMB 299,999,963.55 [4]. - The net proceeds from the fundraising, after deducting issuance expenses of RMB 6,160,704.11, amounted to RMB 293,839,259.44 [4]. - The funds were fully received by January 14, 2026, and the accounting firm Zhonghui CPA has verified the receipt of these funds [4]. Group 2: Fund Management and Supervision - The company has established a special account for the management and storage of the raised funds, in compliance with relevant regulations [5][6]. - A tripartite supervision agreement has been signed between the company, the sponsor China Galaxy Securities, and the bank where the special account is held, ensuring oversight of the fund's usage [6][12]. - The special account for the funds related to the Thailand screw production base project has a balance of RMB 295.80 million as of January 14, 2026, and is strictly designated for this project [7][12]. Group 3: Regulatory Compliance - The company is required to comply with various laws and regulations, including the Securities Issuance and Listing Sponsorship Business Management Measures and the Shanghai Stock Exchange's self-regulatory guidelines [6][12]. - The sponsor has the right to supervise the fund usage and can conduct on-site investigations at least semi-annually [7][12]. - Any significant withdrawals from the special account must be reported to the sponsor, ensuring transparency and accountability in fund management [9][14].