Xinzhoubang announced that the company has formulated a “Fund Raising Management System”, which is subject to review and approval by the shareholders' meeting, and will take effect from the day H shares are listed on the Hong Kong Stock Exchange. The system stipulates that funds raised shall be earmarked for the main business. The company must set up a special account and sign a tripartite agreement with the relevant party within 1 month of receiving the funds at the latest. Funds must not be used to carry out commissioned financial management, etc., and abnormal investment projects must be re-verified. The overraised capital was used for ongoing construction and new projects, share repurchases, etc. The board of directors checks the progress of the project every six months, and the company must cooperate with relevant audits and supervision.

Xinzhoubang announced that the company has formulated a “Fund Raising Management System”, which is subject to review and approval by the shareholders' meeting, and will take effect from the day H shares are listed on the Hong Kong Stock Exchange. The system stipulates that funds raised shall be earmarked for the main business. The company must set up a special account and sign a tripartite agreement with the relevant party within 1 month of receiving the funds at the latest. Funds must not be used to carry out commissioned financial management, etc., and abnormal investment projects must be re-verified. The overraised capital was used for ongoing construction and new projects, share repurchases, etc. The board of directors checks the progress of the project every six months, and the company must cooperate with relevant audits and supervision.