Core Viewpoint - The report outlines the management and usage of funds raised by Reader Publishing Media Co., Ltd. during its initial public offering (IPO), confirming compliance with relevant regulations and the completion of all investment projects by 2022 [10]. Fundraising Overview - Reader Publishing Media raised a total of RMB 586.2 million by issuing 60 million shares at RMB 9.77 per share, with a face value of RMB 1.00 per share [1]. - The funds were verified by Zhongxi Accounting Firm on December 4, 2015, confirming the amount raised [1]. Fund Management and Storage - The company established a fundraising management system in January 2013 to ensure the funds are used for designated investment projects [2]. - A tripartite supervision agreement was signed with banks to manage the special accounts for the raised funds [2]. - The company has opened special accounts at various banks to ensure the funds are used specifically for their intended purposes [3]. Fund Usage and Project Completion - By August 2022, all IPO investment projects were completed, with a total of RMB 83.1 million invested across various projects, including: - RMB 10.99 million for the Reader Brand Promotion Center - RMB 14.41 million for the Publishing Resource Information Management Platform - RMB 23.91 million for the Specialty Boutique Book Publishing Project - RMB 28.08 million for the Reader New Language Arts Education Platform [6]. - The company decided to terminate and adjust some fundraising projects, reallocating remaining funds to supplement working capital [4][9]. Fund Management Compliance - The company has not engaged in any investment or financial management of the raised funds during the reporting period [8]. - The company has adhered to all regulatory requirements regarding the management and usage of the raised funds, with no violations reported [10]. - The sponsor institution confirmed that the management and usage of the funds comply with the regulations set by the China Securities Regulatory Commission and the Shanghai Stock Exchange [10].