Dabeinong secures tripartite agreements for raised funds accounts
Beijing Dabeinong Technology Group (SZSE:002385) announced it has entered into tripartite supervision agreements for special accounts holding the net proceeds from its 2022 private placement. The total net raised funds, after deducting issuance expenses, amount to RMB 692,605,517.86. The agreements, involving the company, its designated banks, and its sponsor, are in accordance with regulatory requirements for the management and use of raised funds. These funds are earmarked for specific projects and purposes as detailed in the announcement, including feed production lines, technology centers, and system upgrades across various subsidiaries. The agreements detail the responsibilities of each party in ensuring the proper use and oversight of the funds.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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