Huazhi Liquor Chain Management Co., Ltd. Management System for Raised Funds
Chapter 1 General Provisions
Article 1 To strengthen the management of Huazhi Liquor Chain Management Co., Ltd. (hereinafter referred to as the "Company") raised funds, regulate the use of raised funds, and effectively protect the interests of all shareholders, these Measures are formulated in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China" (hereinafter referred to as the "Securities Law"), the "Supervisory Rules for Raised Funds of Listed Companies," the "Shenzhen Stock Exchange GEM Stock Listing Rules" (hereinafter referred to as the "Listing Rules"), the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 2 - Standardized Operation of GEM Listed Companies" (hereinafter referred to as the "Operation Guidelines"), and other relevant laws, regulations, rules, and normative documents, as well as the "Articles of Association of Huazhi Liquor Chain Management Co., Ltd." (hereinafter referred to as the "Articles of Association").
Article 2 Raised funds as referred to in these Measures refer to funds raised by the Company through issuing securities to non-specific targets (including initial public offering of shares, rights issues, additional offerings, convertible corporate bonds, exchangeable corporate bonds, corporate bonds, warrants, etc.) and issuing securities to specific targets for designated purposes, excluding funds raised by the Company for the implementation of equity incentive plans.
Article 3 The Company's raised funds shall be stored, used, and managed in accordance with the provisions of these Measures, so as to ensure that the use of funds is standardized, open, and transparent.
Chapter 2 Storage of Raised Funds
Article 4 The Company's raised funds shall be centrally managed and used in special accounts determined by the Board of Directors. The establishment of special accounts and the storage of raised funds shall be handled by the Company's finance department. Special accounts for raised funds shall not be used to deposit non-raised funds or for other purposes. If the Company has more than two financings, separate special accounts for raised funds shall be established.
Article 5 Upon the arrival of raised funds, the Company shall promptly handle the capital verification procedures, and a capital verification report shall be issued by a qualified accounting firm in accordance with the "Securities Law."