Core Viewpoint - The company has established a fundraising management system to regulate its fundraising activities, enhance the management of raised funds, prevent risks, and ensure the safety of these funds while maintaining the company's image and protecting shareholder interests [2][3]. Fundraising Management - The system applies to funds raised through stock issuance or other equity-like securities for specific purposes, excluding funds raised for equity incentive plans [2]. - The company must establish internal controls for the storage, management, use, and supervision of raised funds, including approval authority and risk control measures [3][4]. Fund Storage - The company is required to open a special account for raised funds in a commercial bank approved by the board of directors, ensuring that these funds are not mixed with other funds [4][5]. - 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 [4][6]. Fund Usage - Raised funds must be used specifically for their intended purposes, aligning with national industrial policies and promoting sustainable development [7][8]. - If a fundraising project encounters significant changes in market conditions or fails to meet investment timelines, the company must reassess the project's feasibility and disclose any necessary adjustments [8][9]. Changes in Fund Usage - Any changes in the use of raised funds must be approved by the board of directors and disclosed to shareholders, especially if it involves new projects or significant alterations to existing ones [13][14]. - The company must ensure that any surplus funds are used for ongoing projects, share repurchases, or other approved purposes [11][12]. Fund Management and Supervision - The company is required to maintain accurate records of the use of raised funds and report on their status regularly [17][18]. - Independent financial advisors must conduct ongoing supervision and audits of the fundraising activities, reporting any irregularities to the relevant authorities [18][19].

Fundraising Overview - The company has received approval from the China Securities Regulatory Commission to issue 73,966,642 A-shares at a price of RMB 13.79 per share, raising a total of RMB 1,019,999,993.18, with a net amount of RMB 1,009,449,486.02 after deducting issuance costs [1][2] Fund Management and Regulatory Compliance - A four-party supervision agreement for the management of the raised funds has been signed between the company, its wholly-owned subsidiary, the sponsor, and a bank, ensuring compliance with relevant regulations [1][3] - The special account for the raised funds is exclusively for the digital R&D and manufacturing capacity construction project of precision-guided products and cannot be used for other purposes [3][4] Cash Management Procedures - The company can manage temporarily idle funds in cash management products, provided it complies with regulatory requirements and informs the sponsor of the details [4][5] - The bank is required to provide monthly account statements to the sponsor, and any significant withdrawals must be reported promptly [6][8] Agreement Terms and Conditions - The agreement will remain effective until all funds are fully utilized and the sponsor's supervision period ends, with provisions for dispute resolution through arbitration [7][8][9]

Fundraising Overview - The company has successfully completed an initial public offering (IPO) of 30,000,000 shares at a price of RMB 23.90 per share, raising a total of RMB 717 million, with a net amount of RMB 648.33 million after deducting issuance costs [1][2] Fund Management and Usage - The company has established a management system for the use and management of the raised funds, ensuring compliance with regulations and protecting investor rights [2] - A tripartite supervision agreement has been signed with the underwriter and the banks to ensure that the funds are used specifically for their intended purposes [2] Account Closure - The company has closed a special account for the raised funds at China Merchants Bank, as the funds in that account have been fully utilized according to regulations [3]

Meeting and Attendance - The meeting was convened and conducted in accordance with relevant laws, regulations, and the company's articles of association [1] - Three supervisors were required to attend, and three supervisors attended or were authorized to attend [1] Proposal Review - The proposal to change the company's registered capital, business scope, company type, abolish the supervisory board, and amend the articles of association was approved. The registered capital increased from 60 million yuan to 83 million yuan, and the total number of shares increased from 60 million to 83 million. The company type changed to a listed joint-stock company, and new business activities include manufacturing, sales, and research of electronic special materials [1][2] Abolishment of Supervisory Board - The company plans to abolish the supervisory board and supervisors, transferring the supervisory board's powers to the audit committee of the board of directors. The original rules governing the supervisory board will also be abolished [2][3] Adjustment of Fund Investment Projects - The company intends to adjust the amount of funds allocated to investment projects based on the actual net amount raised and the status of each project [4] Use of Raised Funds - The company plans to use raised funds to replace pre-invested project funds and expenses related to the issuance of shares, as the funds have been secured [4][5] - The company will increase capital in its subsidiaries, Kunshan Dingjia Electronic Materials Co., Ltd. and Chongqing Dingjia Insulation Materials Co., Ltd., to implement investment projects [5] - The company intends to manage idle raised funds for cash management, with a maximum amount of 220 million yuan allocated for safe and liquid financial products, with a maximum investment period of 12 months [6]

Core Viewpoint - The document outlines the fundraising management system of Anhui Huaheng Biotechnology Co., Ltd., emphasizing the importance of proper management, usage, and supervision of raised funds to enhance efficiency and effectiveness in line with national policies and regulations [2][3]. Fundraising Management - The company must ensure that raised funds are used exclusively for designated purposes, primarily in main business areas that enhance competitiveness and innovation [2][3]. - The board of directors is responsible for monitoring the management and usage of raised funds to prevent investment risks and ensure safety [3][4]. - Related parties, including major shareholders and actual controllers, are prohibited from misusing the raised funds for personal gain [3][4]. Fund Storage and Usage - Raised funds must be stored in a dedicated account approved by the board of directors, and a tripartite supervision agreement must be signed with the financial advisor and the bank within one month of fund receipt [4][5]. - The company is required to use the raised funds according to the investment plan outlined in the issuance application documents, and any significant deviations must be promptly disclosed [5][6]. Project Management - The company must establish project management systems to monitor the application of funds, project progress, and quality [6][7]. - If a project faces significant changes in market conditions or delays, the company must reassess its feasibility and disclose the findings [6][7]. Cash Management - Temporarily idle raised funds can be managed through cash management products, which must be safe and liquid, with specific conditions outlined [8][9]. - Any temporary use of raised funds for working capital must be approved by the board and disclosed [9][10]. Use of Excess Funds - Excess funds must be allocated to ongoing or new projects, or for share repurchases, with a clear plan disclosed to shareholders [10][11]. - Any changes in the use of raised funds must be approved by the board and disclosed, ensuring that new projects align with the company's main business [12][13]. Reporting and Supervision - The company must provide accurate and complete disclosures regarding the actual use of raised funds, including any significant impacts on investment plans [26][27]. - An annual report must include verification from accounting firms regarding the management and usage of raised funds [14][15].

Core Points - The company has established a fundraising management system to regulate the management and use of raised funds, ensuring maximum benefit for investors [2][3] - The system applies to funds raised through stock issuance or other equity-like securities, excluding funds raised for equity incentive plans [2][3] - The board of directors is responsible for monitoring the storage, management, and use of raised funds to prevent investment risks [2][3] Fund Storage - The company must prudently select commercial banks and open special accounts for raised funds, which should be managed centrally and not mixed with other funds [4][5] - 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 [4][5] - The agreement must include details such as account numbers, project details, and monthly bank statements [4][5] Fund Usage Management - Raised funds must be used specifically for their intended purposes, aligning with national industrial policies and legal regulations [8][9] - The company is prohibited from using raised funds for financial investments or providing funds to controlling shareholders or related parties [8][9] - Any changes in the use of raised funds must be approved by the board and disclosed to shareholders [12][13] Reporting and Disclosure - The company must disclose the actual use of raised funds accurately and completely, including any discrepancies between actual and planned investments [19][20] - The board must conduct a comprehensive review of the progress of fundraising projects every six months and prepare a special report on the management and use of raised funds [16][20] - Any surplus funds from completed projects must be approved by the board before being allocated to other projects [13][20] Changes in Fund Usage - Any changes in the intended use of raised funds must be approved by the board and disclosed to shareholders, including reasons for the change and details of the new projects [22][24] - The company must ensure that new projects funded by changed purposes enhance competitiveness and innovation [25][26] - The board must conduct feasibility analyses for new projects to mitigate investment risks [23][25]

Core Viewpoint - The company is holding a shareholder meeting to discuss several key proposals, including the completion of fundraising projects and changes to its governance structure [1][5][10]. Group 1: Meeting Details - The shareholder meeting is scheduled for September 12, 2025, at 14:00, located at 9936 Hong 15th Road, Qiantang District, Hangzhou [4]. - Voting will be conducted through both on-site and online methods, with specific time slots for each [3][4]. - Participants must register and adhere to the meeting rules to maintain order and efficiency [1][2][4]. Group 2: Proposals - Proposal 1 involves the completion of the "Sichuan Grinda 100kt/a Electronic Materials Project (Phase I)" and the permanent allocation of remaining fundraising funds to supplement working capital, totaling RMB 36.18 million [5][10]. - Proposal 2 suggests the cancellation of the supervisory board, transferring its powers to the audit committee of the board of directors, and revising the company's articles of association accordingly [10][11]. - Proposal 3 focuses on revising and establishing internal governance systems to enhance operational standards and compliance with legal requirements [11][12]. Group 3: Fundraising and Project Status - The company raised a total of RMB 544.20 million through its initial public offering, with a net amount of RMB 503.31 million after deducting issuance costs [7]. - The fundraising was allocated to specific projects, with a total investment of RMB 529.27 million planned, of which RMB 503.31 million was to be funded by the raised capital [8]. - The completion of the project has led to cost savings and efficient resource management, allowing for the proposed reallocation of surplus funds [9][10].

Fundraising Overview - The company has received approval from the China Securities Regulatory Commission to issue 73,966,642 A-shares at a price of RMB 13.79 per share, raising a total of RMB 1,019,999,993.18, with a net amount of RMB 1,009,449,486.02 after deducting issuance costs [1][2] Fund Management Agreement - A four-party supervision agreement for the special fundraising account has been signed between the company, its wholly-owned subsidiary, the sponsor, and the bank to ensure proper management and usage of the raised funds [1][2] - The funds will be specifically used for the digital R&D and manufacturing capability construction project of precision-guided products [2][3] Cash Management Provisions - The company is allowed to temporarily store idle funds in cash management products, provided that these do not affect the normal investment plans of the raised funds [3][4] - The bank is required to provide monthly updates on the status of the cash management products to the sponsor [4] Compliance and Oversight - The sponsor is responsible for ongoing supervision of the fundraising management in accordance with relevant regulations and guidelines [4][5] - Any changes in the sponsor's representatives must be communicated to all parties involved, ensuring transparency and compliance [5][6] Dispute Resolution - Any disputes arising from the agreement will be resolved through arbitration in Beijing, with the arbitration conducted in Chinese [6]

Group 1 - The company announced the establishment of a special account for the management of raised funds to ensure proper storage, usage, and management of the funds [2] - The company signed a tripartite supervision agreement regarding the special account with its sponsor, Dongguan Securities Co., Ltd., and two banks: China CITIC Bank Dongguan Branch and China Minmetals Bank Guangzhou Branch [2]

Group 1 - The company announced the signing of a "Four-party Supervision Agreement for Special Fund Storage" with its wholly-owned subsidiary and the underwriter to regulate the management and use of raised funds [2] - The agreement aims to protect the legitimate rights and interests of investors in accordance with relevant laws and regulations [2] - The signing of the agreement was authorized by the company's shareholders' meeting and board of directors [2]