Suzhou Lianxun Instrument Co., Ltd. announced that the company has formulated a “Fund Raising Management System”. This system is applied after H shares are issued and listed, and will take effect from the date H shares are listed on the Hong Kong Stock Exchange after review and approval by the shareholders' meeting. The system clearly states that funds raised should be centrally managed in special accounts, and tripartite supervision agreements must be signed with sponsors and commercial banks; in principle, capital raised by the Science and Technology Innovation Board should be invested in the field of science and technology innovation. Idle fund-raising can be used for cash management and temporary supplementary working capital; overraised funds can be used for construction and new projects, share repurchases and cancellation; changes in fund-raising projects require corresponding review and disclosure procedures. The company must regularly disclose the use of fund-raising, and relevant personnel will be held responsible for illegal use.

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