Management Measures for Raised Funds
Chapter 1 General Provisions
Article 1 To regulate the management of raised funds by Shenzhen Topstar Co., Ltd. (hereinafter referred to as the "Company"), improve the efficiency of fund utilization, and in accordance with the "Company Law," "Securities Law," "Shenzhen Stock Exchange Stock Listing Rules," "Shenzhen Stock Exchange Listed Company Self-Regulatory Guidelines No. 1 - Main Board Listed Company Standardized Operation," "Listed Company Raised Funds Supervision Rules," and other relevant laws, regulations, and normative documents, as well as the "Articles of Association" and the Company's actual situation, these Measures are formulated.
Article 2 Raised funds as referred to in these Measures are funds raised by the Company through the issuance of shares or other equity-like securities to investors for specific purposes, excluding funds raised through equity incentive plans. Excess raised funds refer to the portion of the net amount of funds actually raised by the Company that exceeds the planned amount of funds to be raised.
Article 3 The Company's Board of Directors shall be responsible for establishing and improving the Company's raised funds management system and ensuring its effective implementation. The raised funds management system shall clearly stipulate the special deposit, management, use, change of purpose, supervision of raised funds, application for fund use, hierarchical approval authority, decision-making procedures, risk control measures, information disclosure procedures, and accountability for the use of raised funds.