Management Measures for Raised Funds
Anshan Qicai Chemical Co., Ltd. Management Measures for Raised Funds
To regulate the storage, use, and management of raised funds by Anshan Qicai Chemical Co., Ltd. (hereinafter referred to as the "Company"), ensure the safety of raised funds, and maximize the protection of investors' legitimate rights and interests, in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Securities Law of the People's Republic of China" (hereinafter referred to as the "Securities Law"), the "Supervision Rules for the Raising of Funds by Listed Companies" (hereinafter referred to as the "Supervision Rules"), the "Shenzhen Stock Exchange GEM Stock Listing Rules" (hereinafter referred to as the "Listing Rules"), the "Shenzhen Stock Exchange GEM Listed Company Self-Regulatory Guidelines No. 2 - Standardized Operation of GEM Listed Companies," and other laws, regulations, and normative documents, and in conjunction with the Company's actual situation, this system is hereby formulated.
Chapter 1 General Provisions
Article 1 For the purpose of this system, raised funds refer to funds raised by the Company from investors through the issuance of shares or other equity-based securities for specific purposes, excluding funds raised for the implementation of equity incentive plans by listed companies.
Article 2 Upon receipt of funds raised from the issuance of shares, convertible bonds, or other securities, the Company shall promptly handle the capital verification procedures, and a certified public accountant firm with securities practice qualifications shall issue a capital verification report.
Article 3 The Company shall prudently select commercial banks and open special accounts for raised funds (hereinafter referred to as "special accounts"). Raised funds shall be centrally managed and used in special accounts approved by the Board of Directors. Special accounts shall not be used to store non-raised funds or for other purposes. If the Company opens multiple special accounts for raised funds, they shall be arranged according to the principle of storing funds for the same fundraising investment project in the same special account.
The net amount of actual raised funds exceeding the planned amount of raised funds (hereinafter referred to as "excess raised funds") shall also be managed in the special accounts for raised funds.
If the Company has undergone financing more than twice, separate special accounts for raised funds shall be set up.
Article 4 Within one month of the raised funds being in place, the Company shall sign a tripartite agreement (hereinafter referred to as the "Agreement") with the sponsor or independent financial advisor and the commercial bank where the raised funds are deposited. The Agreement shall include at least the following contents: