Basic Information on Raised Funds
According to the approval from the China Securities Regulatory Commission regarding the non-public issuance of shares by Shandong Daon Polymer Materials Co., Ltd. (Approval No. [2022] 823), the company was authorized to issue no more than 122,773,504 new shares. The total amount raised from this non-public issuance was RMB 771,499,939.36, with issuance-related costs (excluding tax) amounting to RMB 11,490,756.62, resulting in a net amount raised of RMB 760,009,182.74. On July 1, 2022, the sponsor (lead underwriter) ShenGang Securities Co., Ltd. transferred RMB 765,356,190.12 to the raised funds account after deducting the sponsorship and underwriting fees (including VAT), which was verified by ZhongHuan CPA (Special General Partnership) in verification report No. [2022] 0110042.