Core Viewpoint - The document outlines the management and usage of raised funds by Shandong Xinchao Energy Co., Ltd., emphasizing the importance of compliance with relevant laws and regulations to protect investors' interests. Group 1: General Provisions - The management measures are established to regulate the use and management of raised funds, ensuring effective utilization and investor protection [1] - The raised funds refer to money obtained through stock issuance for specific purposes, while over-raised funds are the excess amount beyond the planned fundraising target [1] - Company directors and senior management are required to ensure proper use of raised funds and prevent unauthorized changes in their usage [1] Group 2: Fund Storage - The company must prudently select commercial banks to open special accounts for raised funds, ensuring that these funds are managed separately from other funds [2] - A tripartite supervision agreement must be signed with the sponsor or independent financial advisor and the commercial bank within one month of the funds being received [2] - The agreement should include details such as account numbers, project specifics, and monthly bank statements [2] Group 3: Fund Usage Management - The company is required to use raised funds according to the plans outlined in the issuance application documents [4] - Usage of raised funds should primarily focus on core business activities, avoiding financial investments or providing funds to related parties [4][5] - If a project faces significant changes or delays, the company must reassess its feasibility and report the situation [5] Group 4: Changes in Fund Usage - Any changes in the use of raised funds must be approved by the board of directors and disclosed to shareholders [22] - New projects funded by raised funds must be carefully analyzed for feasibility and profitability [12] - If funds are to be used for projects outside the original plan, the company must follow specific procedures and disclose necessary information [12][13] Group 5: Fund Management and Supervision - The finance department must maintain detailed records of fund usage, and internal audits should occur at least biannually [14] - The board of directors is responsible for monitoring the actual management and usage of raised funds, providing a special report on the status [15] - Independent directors can hire external auditors to verify fund usage if discrepancies are found [30]

Core Points - The article discusses the completion of certain fundraising projects by Ninebot Limited and the decision to permanently supplement working capital with surplus funds raised from the issuance of depositary receipts [1] Fundraising Overview - Ninebot Limited raised a total of RMB 1,240,855,997.22 from the issuance of depositary receipts, after deducting issuance costs of RMB 92,693,682.58 [1] - The issuance was completed on October 23, 2020, with a total of 70,409,170 depositary receipts issued at a price of RMB 18.94 each [1] Project and Fund Usage - As of June 30, 2025, the cumulative investment in the fundraising projects was RMB 1,184,601,533.27, representing 95% of the total committed investment [1] - The project "Intelligent Delivery Robot R&D and Industrialization Development" has reached a usable state, leading to the conclusion of this fundraising project [1] Surplus Fund Reasons and Usage - The surplus funds were generated due to prudent management and cost control during the project execution, allowing for effective resource allocation [1] - The company plans to transfer the surplus funds of RMB 18,751,900 to its own account to permanently supplement working capital for daily operations [1] Approval and Opinions - The board of directors approved the proposal to conclude the fundraising project and use the surplus funds for working capital [1] - Independent directors confirmed that this decision benefits the company and all depositary receipt holders, ensuring no harm to the interests of minority shareholders [1] - The sponsor institution, Guotai Junan Securities, found no issues with the process and confirmed compliance with relevant regulations [1]

Summary of Key Points Core Viewpoint The report outlines the fundraising activities and the management of raised funds by Shanghai Sinan Navigation Technology Co., Ltd. for the year 2024, detailing the total amount raised, its allocation, and compliance with regulatory requirements. Fundraising Overview - The company raised a total of RMB 784.77 million through its initial public offering, with a net amount of RMB 785.11 million after deducting issuance costs [1][2] - The funds are stored in dedicated accounts as per regulatory requirements, ensuring investor protection [1][2] Fund Usage and Balance - As of December 31, 2024, the remaining balance of the raised funds was RMB 406.91 million [3] - The company utilized RMB 21.20 million for various projects during the year, with a total of RMB 32.27 million being reallocated for different uses [6][7] - The company has not used idle funds for temporary working capital during the year [6][7] Fund Management and Compliance - The company has established a strict fund management system in accordance with relevant laws and regulations, ensuring proper storage, usage, and oversight of the raised funds [1][2] - The company has signed tripartite supervision agreements with banks to ensure compliance with fund management practices [2][3] Investment Projects - The company has invested in several projects, including the "New Generation High-Precision PNT Technology Upgrade and Industrialization Project," with a total investment of RMB 27.95 million [7] - The marketing network construction project has been delayed until June 5, 2026, to align with the current fundraising investment project implementation progress [6][7] Use of Excess Funds - The company has used RMB 40.38 million of excess funds for permanent working capital supplementation, accounting for 30% of the total excess funds [6][7] - A total of RMB 29.57 million has been used for share repurchase, with the repurchase price ranging from RMB 28.47 to RMB 41.03 per share [6][7] Audit and Verification - The report includes verification from the accounting firm, confirming that the fundraising and usage practices comply with regulatory requirements [6][7]

Group 1 - The company held its 13th meeting of the 10th Supervisory Board on July 4, 2025, via video communication, with all three supervisors present, ensuring compliance with relevant laws and regulations [1][2] - The Supervisory Board approved the proposal to use raised funds to replace self-raised funds previously invested in projects and to cover issuance expenses, totaling 965.415 million yuan and 523,600 yuan respectively, amounting to a total of 965.9386 million yuan [1][2] - The board also approved the proposal to deposit the remaining raised funds in the form of agreed deposits and notice deposits, confirming that this does not change the purpose of the raised funds or harm the interests of shareholders, particularly minority shareholders [2]

Summary of Key Points Core Viewpoint - The company, Sichuan Hongda Co., Ltd., is utilizing the raised funds through agreed deposits and notice deposits to enhance fund efficiency and shareholder returns while ensuring the safety and liquidity of the funds [1][2][5]. Fundraising Basic Information - The company has issued 609,600,000 shares at a price of RMB 4.68 per share, raising a total of RMB 2,834,758,430.19, verified by Sichuan Huaxin Accounting Firm [1][2]. Fund Usage - The total amount raised is RMB 285,292.80 million, with RMB 134,751.11 million allocated for debt repayment and RMB 150,541.69 million for working capital [2]. Fund Storage Method - The company will store the remaining funds (RMB 283,536.92 million) in agreed deposits and notice deposits to improve fund utilization efficiency while maintaining liquidity [2][3]. Risk Control Measures - The company has established a fund management system to ensure the effective and compliant operation of fund storage, with independent directors and supervisory boards having the authority to oversee fund usage [4]. Impact on the Company - The decision to store funds in agreed and notice deposits will not affect the normal use of the raised funds and is expected to enhance fund returns and overall company performance [4]. Review Procedures - Both the board of directors and the supervisory board have approved the storage method, confirming compliance with relevant regulations and ensuring no adverse impact on shareholder interests [4][5].

Fundraising Overview - The company, Henan Xiangyu Medical Equipment Co., Ltd., has successfully raised a total of RMB 1,152,800,000 through the issuance of 40,000,000 shares at a price of RMB 28.82 per share, with all funds received and verified by an accounting firm [1] - The net amount raised after deducting issuance costs has been fully accounted for and managed in a dedicated account as per regulatory requirements [1] Use of Remaining Funds - The company has decided to allocate the remaining over-raised funds of RMB 79,119,600 (including interest income and cash management returns) to its wholly-owned subsidiary, Henan Ruibeta Medical Technology Co., Ltd., for the construction of a rehabilitation medical device industrial park [2][3] - This decision was approved during the board and supervisory meetings held on April 23, 2025, and subsequently ratified at the annual shareholders' meeting on May 15, 2025 [2] Establishment of Special Fund Account - On June 12, 2025, the company approved the establishment of a special fundraising account at the Bank of China Zhengzhou Airport Branch for the aforementioned project, ensuring that the funds are exclusively used for the designated purpose [3][4] - The special account will be subject to a four-party supervision agreement involving the company, its subsidiary, the bank, and the underwriting institution to ensure compliance and protect investor interests [4][5] Regulatory Compliance and Oversight - The agreement stipulates that the funds must not be used for any purposes other than those specified in the project, and any cash management investments must comply with relevant regulations [5][6] - The underwriting institution will conduct ongoing supervision and audits of the fund usage, ensuring transparency and adherence to the established guidelines [6][7]

Fundraising Overview - The company has received approval from the China Securities Regulatory Commission for its initial public offering, issuing 27 million shares at a price of 33.68 RMB per share, raising a total of 909.36 million RMB, with a net amount of 839.79 million RMB after deducting related issuance costs [1] - The lead underwriter, Huatai United Securities, transferred 849.02 million RMB to the company's fundraising account after deducting the underwriting fee of 60.34 million RMB [1] Fund Management and Storage - The company has established a fundraising management system to ensure the proper management and use of raised funds, complying with relevant laws and regulations [2] - Special accounts for fundraising have been opened at CITIC Bank, GF Securities, and China Merchants Bank, with funds stored in these accounts [2] Fund Usage and Account Closure - The company has approved the completion of several fundraising projects and decided to permanently supplement working capital with surplus funds totaling 44.54 million RMB from the "Industry Electronic Service Platform Project" [3] - The company has also approved the closure of fundraising accounts associated with completed projects, including the "Fiscal Middle Platform Project" and "Ecological Network System Project," with surplus funds of 65.15 million RMB being allocated to working capital [3][4] - The closure of these accounts will terminate the corresponding regulatory agreements with the banks involved [4]

Core Viewpoint - The company has completed the cancellation of its fundraising special accounts, following the approval of its fundraising management and usage protocols, ensuring compliance with regulatory requirements [1][2][3]. Fundraising Basic Information - The company raised a total of RMB 416,960,308.00 through its initial public offering of 99,513,200 shares at a price of RMB 4.19 per share, with all funds received by February 11, 2022 [1]. Fundraising Management and Storage - The company established a fundraising management system to ensure proper storage and usage of the raised funds, signing a tripartite supervision agreement with relevant banks and its sponsor [2]. - A quadripartite supervision agreement was later signed to allow the company to provide loans to its wholly-owned subsidiary for project implementation [2]. Fundraising Account Cancellation - The company decided to open a new special account for fundraising to improve the yield of the raised funds and subsequently canceled the previous accounts, with the cancellation process completed by March 11, 2025 [3][4]. - The total balance of the canceled fundraising accounts was transferred to the new account, and all relevant agreements were terminated [4].

Core Viewpoint - The company has established a fundraising management system to enhance the supervision and efficiency of the funds raised through stock issuance, ensuring compliance with relevant laws and regulations [1][2][3]. Fundraising Management - The company defines fundraising as funds raised through stock issuance for specific purposes, excluding funds raised for equity incentive plans [1]. - The board of directors is responsible for monitoring the management and usage of the raised funds to prevent investment risks and ensure effective use [1][2]. - A detailed ledger must be maintained by the finance department to record the expenditure and investment of the raised funds [1][2]. Fund Storage - The company must prudently select commercial banks to open special accounts for fundraising, ensuring that these accounts are used solely for the raised funds [7][8]. - A tripartite supervision agreement must be signed with the underwriter or independent financial advisor and the commercial bank within one month of the funds being received [8][9]. Fund Usage - The company must use the raised funds in accordance with the commitments made in the prospectus and cannot change the usage without proper procedures [9][10]. - The raised funds cannot be used for high-risk investments or financial investments such as securities trading [10][11]. - If a fundraising project cannot be completed within the original timeframe, the company must seek board approval for an extension and disclose the reasons [11][12]. Changes in Fund Usage - Any changes in the use of raised funds must be approved by the board and disclosed to shareholders [20][21]. - The company must conduct feasibility analyses for new investment projects to ensure they have good market prospects and profitability [21][22]. Fund Management and Supervision - The board must regularly review the actual storage, management, and usage of the raised funds, providing semi-annual and annual reports [24][25]. - Independent auditors must verify the actual investment projects and amounts, ensuring compliance with regulations [25][26]. Information Disclosure - The company is required to fulfill its information disclosure obligations regarding the management of raised funds in accordance with relevant regulations [27].

Summary of Key Points Core Viewpoint - The company has successfully completed its fundraising process, raising a total of approximately 3.53 billion yuan, with an excess of 522.58 million yuan, and has established a four-party supervision agreement for the management and use of these funds [1][2][3]. Fundraising Overview - The company was approved to issue 40 million shares at a price of 93.50 yuan per share, resulting in a net fundraising amount of 3,526,941,817.64 yuan [1]. - The funds were fully received by April 18, 2025, and the accounting firm has verified the receipt of these funds [1]. Fund Management and Supervision Agreement - A four-party supervision agreement was signed between the company, its wholly-owned subsidiary in Korea, the underwriting institution, and the bank to ensure proper management of the raised funds [3][5]. - The funds will be specifically allocated for the construction of an automotive electronics factory in Korea, and cannot be used for other purposes [6][7]. Special Account for Fund Storage - A special account for the raised funds has been established at KB Kookmin Bank, with a balance of zero as of June 24, 2025, indicating that the funds are yet to be utilized [4]. - The agreement stipulates that the subsidiary can manage the funds within the account but cannot withdraw them directly for other uses [6][7]. Compliance and Oversight - The underwriting institution is responsible for ongoing supervision of the fund usage, conducting at least biannual inspections of the fund's storage and usage [7][8]. - The agreement will remain in effect until all funds are fully utilized and the account is closed [8].