Summary by Moomoo AI
China Eastern Airlines issued a notice on 28 March 2024 detailing the storage and use of the funds raised for 2023. According to a notice issued by the China Securities and Exchange Commission on 28 November 2022, the Company issued a non-public issue of RMB 34.17 billion shares to certain investors in December 2022 for a total raising of approximately RMB 150 billion. Net fundraising was approximately RMB149.67 billion after the issuance fee. As of December 31, 2023, the Company has used fundraising of approximately RMB 90.2 billion, with a cumulative total of RMB 135.2 billion and a total of RMB 14.96 billion that has not yet been used. The company has stipulated that unused fundraising funds are held in dedicated accounts and has signed fundraising regulatory agreements with advisory bodies and banks. The funds raised will mainly be used to introduce 38 aircraft projects and to supplement liquidity. Pwai Wing Road Central Accounting Firm has verified the storage and use of the company's funds raised in 2023 and considers that the company complies with the relevant requirements in all important respects.