300893SZSE

Special Report on the Storage, Management, and Use of Raised Funds for the Year 2025

✨ AI Summary

This report outlines the management and utilization of raised funds by Zhejiang Songyuan Automotive Safety Systems Co., Ltd. in 2025. The total amount raised was RMB 410.21 million, with a net amount of RMB 402.11 million after expenses. The funds were primarily used for project investments and the company reported no significant issues in fund usage or disclosure.

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Full Translation

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I. Basic Information on Raised Funds

(1) Actual Amount Raised and Timing of Funds Arrival

According to the China Securities Regulatory Commission's approval for Zhejiang Songyuan Automotive Safety Systems Co., Ltd. to issue convertible bonds to unspecified objects, the company raised a total of RMB 410.21 million through the issuance of 4,100,000 convertible bonds at a par value of RMB 100 each. After deducting underwriting and sponsorship fees of RMB 5.96 million, the net amount raised was RMB 404.04 million, which was deposited into the company's fund supervision account on August 7, 2024. After deducting external expenses related to the issuance of convertible bonds, the net amount of raised funds was RMB 402.11 million. This situation has been verified by Tianjian Accounting Firm, which issued a verification report.

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