Summary by Moomoo AI
Great Wall Motor has released a special report on the storage and actual use of fundraising funds for 2023, which details the location, management system, usage and audit report conclusions of the firm's audit report. The report showed that Great Wall Motor publicly issued A-share convertible corporate bonds through the Shanghai Stock Exchange in June 2021, with a total fundraising amount of RMB3,500,000,000.00. NET FUNDRAISING RECEIVED WAS RMB3,487,972,641.51 AFTER DEDUCTING RELATED FEES. As of December 31, 2023, the Company has accumulated fundraising of RMB3,592,595,657.45, mainly for new model R&D projects, and has reached the intended availability status. The Company has dedicated storage and special use of the funds raised, without changing the purpose or violation of its use. DEQIN HUAYONG ACCOUNTANTS FIRM HAS PROVIDED A POSITIVE VERIFICATION REPORT ON THE COMPANY'S 2023 FUNDRAISING STORAGE AND USE. GUOTAI-JUNAN, AS A SPONSOR, ALSO CONFIRMED THAT THE COMPANY'S USE OF FUNDRAISING FUNDS MEETS THE RELEVANT LEGAL AND REGULATORY REQUIREMENTS.