Zhejiang Shibao (01057) issued an announcement according to the China Securities Regulatory Commission's “Approval of Zhejiang Shibao Co., Ltd...
Zhitong Finance App News, Zhejiang Shibao (01057) issued an announcement. With the approval of the China Securities Regulatory Commission's “Approval to Register Issuance of Shares to Specific Targets”, the company issued RMB common shares (A shares) by issuing shares to specific targets. The face value of each share was RMB 1.00, the number of shares issued was RMB 32.9877 million. The total amount of capital raised was approximately RMB 350 million. After deducting the issuance fee of RMB 59,123 million (VAT not included), the company raised The net capital was $344 million. The funds raised above have been verified and confirmed by the “Capital Inspection Report” (Tianjianjian (2024) No. 80) issued by Tianjian Certified Public Accountants (Special General Partnership).
In order to standardize the management of raised funds and protect investors' rights and interests, according to relevant regulations, after review and approval by the 15th meeting of the 7th board of directors of the company, the company set up a special account to raise funds (hereinafter referred to as a “special account”) to manage the storage and use of raised funds. Recently, the company, together with the sponsor, Guangfa Securities Co., Ltd. signed a “Tripartite Supervision Agreement” and a “Four-Party Supervision Agreement on Capital Raising” with China CITIC Bank Co., Ltd. Hangzhou Branch, Industrial and Commercial Bank of China Co., Ltd. Yiwu Branch, and Bank of China Co., Ltd. Siping Dijie Branch of Bank of China Co., Ltd.