SHCD(SH:603887) Shang Hai Zheng Quan Bao·2026-01-30 22:31Core Viewpoint - The company has announced the opening and modification of certain special accounts for raised funds and the re-signing of a four-party supervision agreement, which aims to optimize fund management and improve efficiency without changing the intended use of the funds [1][9]. Fundraising Basic Information - The company was approved by the China Securities Regulatory Commission to publicly issue convertible bonds totaling RMB 1,200,000,000, with a net amount of RMB 1,193,773,584.91 after deducting issuance costs [1][2]. Special Account Opening and Changes - The company plans to close the special account at China Construction Bank and transfer all remaining funds to a new special account at Industrial and Commercial Bank of China, ensuring that the balance will be fully transferred [2][3]. - The new special account will be used for the storage and management of raised funds, with any interest or income generated during the storage period also deposited into this account [3][4]. Four-Party Supervision Agreement - The new supervision agreement involves the company, its subsidiary, the Industrial and Commercial Bank of China, and the sponsor, Guotai Junan Securities, ensuring compliance with relevant regulations [4][12]. - The agreement stipulates that funds cannot be used without prior approval from the company's board and shareholders, if necessary [4][5]. Impact on the Company - The changes in the special account and the re-signing of the supervision agreement are in line with regulatory requirements and are expected to enhance fund management without affecting the normal operation of investment projects [9][12]. - The board of directors and the audit committee have both approved the changes, confirming that they do not alter the intended use of the funds or the investment plans [10][11].