Shandong Zhangqiu Blower Co., Ltd. (hereinafter referred to as "the Company" or "Shandong Zhangqiu") has recently completed the closure of its special account for raised funds. The relevant details are announced as follows:
1. Basic Information on Raised Funds
According to the approval issued by the China Securities Regulatory Commission regarding the registration of the issuance of convertible corporate bonds to unspecified objects (Zheng Jian Xu Ke [2023] No. 1903), the Company issued 2,430,000 convertible corporate bonds at a price of 100 yuan each on October 17, 2023, raising a total of 243 million yuan. After deducting various issuance expenses, the actual net amount raised was 238,629,781.92 yuan, which was fully received on October 23, 2023. Yongtuo Accounting Firm (Special General Partnership) conducted an audit of the raised funds and issued the verification report (2023) No. 210025 on October 23, 2023. The Company has stored the raised funds in a special account and signed a tripartite supervision agreement with the sponsor and relevant banks.