Digiwin Software secures funds, establishes strict supervision agreements
Digiwin Software Co., Ltd. has announced the signing of tripartite supervision agreements for its recently raised capital. The company issued 8,276,642 convertible bonds, each with a face value of 100.00 yuan, totaling 827,664,200.00 yuan. After deducting underwriting and sponsorship fees and other issuance-related expenses, the final net raised capital was 815,690,054.97 yuan. These funds, verified by an audit report on December 19, 2025, are designated for the "Digiwin Software Ecological Empowerment Platform Project" and "supplementary working capital."
To ensure the proper management and use of these funds, Digiwin Software and its wholly-owned subsidiary, Huzhou Digiwin Software Co., Ltd., have entered into supervision agreements with Industrial Bank Co., Ltd. Shanghai Huangpu Branch and Industrial Securities Co., Ltd. These agreements establish dedicated special accounts for the raised funds, explicitly stating that they are to be used only for the approved projects and not for other purposes.
The agreements outline strict compliance with relevant laws and regulations. Industrial Securities, as the sponsor, will supervise the use of funds, conduct investigations, and request information as needed. Monthly statements will be provided, and any single or cumulative withdrawals exceeding 20% of the net raised funds (50,000,000.00 yuan) within a 12-month period will trigger immediate notification to the sponsor.
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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