300450SZSE

Announcement on the Completion of the Closure of Special Accounts for Raised Funds

✨ AI Summary

Wuxi Xian Dao Intelligent Equipment Co., Ltd. has completed the closure of its special accounts for raised funds. The decision was approved by the company's board and shareholders, allowing surplus funds to be permanently supplemented into working capital. All relevant accounts have been closed as of the announcement date.

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Full Translation

AI Translation· azure_openai

Wuxi Xian Dao Intelligent Equipment Co., Ltd. and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

I. Basic Situation of Raised Funds

(1) Fundraising from Public Issuance of Convertible Bonds in 2019

Approved by the China Securities Regulatory Commission on November 29, 2019, Wuxi Xian Dao Intelligent Equipment Co., Ltd. publicly issued convertible bonds with a total face value of RMB 1,000,000,000.00, with a term of 6 years. The actual net amount raised, after deducting non-tax underwriting fees and other issuance costs, was RMB 989,873,727.00. The funds were received on December 17, 2019, verified by Tianzhi International Accounting Firm, which issued verification report Tianzhi Yezi [2019] No. 38412.

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