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Haitian Co., Ltd.: Announcement on the Opening of a New Fundraising Special Account and the Signing of a Supervision Agreement
Haitian Co., Ltd. announced on March 9th that the company issued 8,010,000 convertible bonds to unspecified investors, raising a total of 801,000,000 yuan. After deducting issuance costs, the net amount of 793,413,160.37 yuan has been received. To improve fund management efficiency, the company’s wholly-owned subsidiary, Haitian Intelligent Manufacturing (Shanghai) New Materials Co., Ltd., has opened a new dedicated account at CITIC Bank Chengdu Tianfu New District Branch for the “working capital supplement” project, and has signed a tripartite supervision agreement with CITIC Securities and CITIC Bank to ensure the compliant use of the raised funds.
(Edited by Cong Kexin)