CREAT Beijing Ke Rui Management System for Raised Funds
Beijing Ke Rui Group Co., Ltd. Management System for Raised Funds
Chapter 1 General Provisions
Article 1 To standardize the management of raised funds by Beijing Ke Rui Group Co., Ltd. (hereinafter referred to as the "Company"), improve the efficiency of raised fund utilization, and in accordance with the "Securities Law of the People's Republic of China" (hereinafter referred to as the "Securities Law"), the "Administrative Measures for the Registration of Issuance of Securities by Listed Companies," the "Measures for Information Disclosure by Listed Companies," the "Supervisory Rules for Raised Funds of Listed Companies," the "Stock Listing Rules of the Shenzhen Stock Exchange" (hereinafter referred to as the "Stock Listing Rules"), the "Shenzhen Stock Exchange Main Board Listed Company Normative Operation Guide No. 1," and other laws, regulations, and normative documents, as well as the "Articles of Association of Beijing Ke Rui Group Co., Ltd." (hereinafter referred to as the "Articles of Association"), 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 shares or other equity-like securities for specific purposes, excluding funds raised for equity incentive plans.
Surplus raised funds refer to the portion of the net amount of actual raised funds exceeding the planned amount of raised funds.
Article 3 The Company shall prudently use raised funds, ensure that the use of raised funds is consistent with the commitments in the issuance application documents, and shall not arbitrarily change the investment direction of raised funds. The Company shall, on the principle of legality, compliance, and pursuit of efficiency, properly handle the relationship between the timing of investment, the amount of investment, the progress of investment, and the benefits of the project.