Basic Information on Raised Funds
According to the approval from the China Securities Regulatory Commission regarding the registration of Zhejiang Bofei Electric Co., Ltd. for a specific target stock issuance (Zheng Jian Xu Ke [2025] No. 2432), the company has issued 5,166,184 ordinary shares (A shares) at a price of RMB 27.68 per share, raising a total of RMB 142,999,973.12. After deducting related expenses such as underwriting fees, intermediary service fees, equity registration fees, and stamp duty amounting to RMB 5,441,150.26 (excluding tax), the net amount raised is RMB 137,558,822.86. The raised funds were transferred to the company's designated account on November 18, 2025, and the status of these funds has been verified by Zhongxi Accounting Firm (Special General Partnership), which issued a verification report (Zhongxi Verification 2025Y00097).
Signing of the Tripartite Supervision Agreement and Opening of Special Fund Account
To standardize the management of raised funds and protect the rights of small and medium investors, the company has signed a Tripartite Supervision Agreement for the special fund account with Agricultural Bank of China, Haining Branch, and the sponsor, Caizheng Securities Co., Ltd. The specific details of the special fund account are as follows:
| No. | Account Name | Opening Bank | Special Fund Account Number | Purpose of Raised Funds |
|---|---|---|---|---|
| 1 | Zhejiang Bofei Electric Co., Ltd. | Agricultural Bank of China, Haining Branch | 19350101046969582 | Project for producing 70,000 tons of motor insulation materials |
The board of directors of the company guarantees that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.