Management System for Raised Funds
Chapter 1 General Provisions
Article 1 To regulate the management of raised funds by Julong Slings Co., Ltd. (hereinafter referred to as the "Company"), improve the efficiency of fund utilization, and effectively protect the interests of investors, in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Administrative Measures for the Offering and Listing of Stocks," "Administrative Measures for the Issuance of Securities by Listed Companies," "Shenzhen Stock Exchange Stock Listing Rules" (hereinafter referred to as the "Listing Rules"), the "Supervisory Rules for Raised Funds of Listed Companies," and other laws, regulations, and normative documents, as well as the "Articles of Association of Julong Slings Co., Ltd." (hereinafter referred to as the "Articles of Association"), and in conjunction with the Company's actual situation, this System is formulated.
Article 2 Raised funds as referred to in this System are funds raised by the Company from investors through the issuance of stocks or other equity-like securities for specific purposes, excluding funds raised by the Company for equity incentive plans.
Article 3 The Company's raised funds shall be used for specific purposes only. The Company's use of raised funds shall comply with national industrial policies and relevant laws and regulations, practice the concept of sustainable development, fulfill social responsibilities, and in principle, shall be used for the main business, contributing to enhancing the Company's competitiveness and innovation capabilities.