Basic Information on Fundraising
According to the approval from the China Securities Regulatory Commission (CSRC) regarding the issuance of shares to specific targets (Document No. [2023] 554), the company is authorized to issue no more than 61,200,000 shares of ordinary RMB stock (A shares), with the final issuance amount being 57,168,864 shares, each with a par value of RMB 1 and an issuance price of RMB 12.08. The total amount raised is RMB 690,599,877.12, with a net amount of RMB 680,839,877.78 after deducting issuance costs of RMB 9,759,999.34 (excluding VAT). Tianjian Accounting Firm (Special General Partnership) verified the funds on July 5, 2023, and issued a verification report (Tianjian Verification [2023] No. 346). The company (including subsidiaries) has signed a fundraising fund supervision agreement with the sponsor and the bank holding the special account for the fundraising funds, ensuring that the funds are stored in a dedicated account for this issuance, and that all members of the board guarantee the truthfulness, accuracy, and completeness of the disclosed information, without false records, misleading statements, or significant omissions.
Use of Fundraising
The company's fifth board of directors and the thirteenth meeting of the supervisory board approved the adjustment of the amounts to be invested in various fundraising projects. The adjusted allocation of fundraising amounts for each project is as follows:
| No. | Project Name | Total Investment (10,000 RMB) | Amount Before Adjustment (10,000 RMB) | Amount After Adjustment (10,000 RMB) |
|---|---|---|---|---|
| 1 | "Mankalon @ Z Concept Store" Terminal Project | 53,851.95 | 28,841.95 | 27,400.00 |
| 2 | Omni-channel Jewelry Integrated Platform Project | 34,790.12 | 33,970.12 | 32,300.00 |
| 3 | "Mucan" Brand and Creative Promotion Project | 11,157.93 | 8,787.93 | 8,383.99 |
| Total | 99,800.00 | 71,600.00 | 68,083.99 |
On August 27, 2025, September 22, 2025, the company’s sixth board of directors and the third meeting of the supervisory board approved further adjustments to the investment amounts for some fundraising projects. The adjusted allocation is as follows:
| No. | Project Name | Amount Before Adjustment (10,000 RMB) | Adjustment Amount (10,000 RMB) | Amount After Adjustment (10,000 RMB) |
|---|---|---|---|---|
| 1 | "Mankalon @ Z Concept Store" Terminal Project | 27,400.00 | 6,200.00 | 33,600.00 |
| 2 | Omni-channel Jewelry Integrated Platform Project | 32,300.00 | - | 32,300.00 |
| 3 | "Mucan" Brand and Creative Promotion Project | 8,383.99 | -6,200.00 | 2,183.99 |
| Total | 68,083.99 | - | 68,083.99 |