Feiwo Technology: Signed Several Tri-Party Supervision Agreements for Fundraising.
Feiwo Technology announced that the net amount of funds raised from the company's initial public offering of stocks was 851.61 million yuan. In 2026, the company changed the purpose of some of the raised investment funds and used the remaining excess funds to invest in new projects. As of the disclosure date of the announcement, the company has signed "Three-party Supervision Agreements on Raised Funds" with the Hua Xia Bank Changde Branch, the Bank of Communications Changde Branch, the China Minsheng Bank Changsha Branch, the Bank of China Taoyuan Branch, and the Guolian Minsheng Securities Underwriting and Sponsorship Co., Ltd., for the specialized management of the raised funds and their use. The balances in each specialized account are 32.07 million yuan, 11.13 million yuan, 22.64 million yuan, and 1.91 million yuan, respectively.
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