301209SZSE

Announcement on the Cancellation of Certain Special Accounts for Raised Funds

✨ AI Summary

Longkou United Chemical Co., Ltd. has announced the cancellation of certain special accounts for raised funds. The company will permanently supplement its working capital with surplus funds of 240.2852 million RMB from the organic pigment production project. The cancellation was approved by the board and shareholders, and the relevant supervisory agreements have been terminated.

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Full Translation

AI Translation· azure_openai

Longkou United Chemical 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.

1. Basic Situation of Raised Funds

With the approval of the China Securities Regulatory Commission regarding the registration of Longkou United Chemical Co., Ltd.'s initial public offering (Approval No. [2022] 1176), and with the consent of the Shenzhen Stock Exchange, the company issued 20 million ordinary shares (A shares) at an issue price of 14.95 RMB per share, raising a total of 299 million RMB. After deducting related issuance expenses of 40.6802 million RMB, the net amount raised is 258.3198 million RMB. Hexin Accounting Firm (Special General Partnership) has verified the raised funds and issued the verification report No. Hexin Yan Zi (2022) No. 000040. After the funds were received, the company stored the raised funds in special accounts designated by the board and signed a tripartite supervision agreement with the sponsor, Zhongde Securities Co., Ltd., and the commercial banks holding the raised funds.

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