Yuanchuang Co., Ltd. announced that the total capital raised by the company's initial public offering of shares was 485 million yuan. After deducting issuance fees, the actual net amount raised was 397 million yuan. Since the fund-raising project “Production Base Construction Project” and the “Supplementary Liquidity Project” have been completed, the relevant funds have been used in accordance with regulations, and the account balance is 0 yuan. In order to facilitate management, on July 28, 2026, the company completed the cancellation procedures for special fund-raising accounts set up by the Sanmen Branch of the Industrial and Commercial Bank of China and the Sanmen County Branch of the Agricultural Bank of China, and the relevant “Tripartite Supervision Agreement on Raising Funds” was terminated accordingly.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.