Kaige Precision Machinery: Signed a tripartite supervision agreement for fundraising with multiple parties.

date
10/08/2026
Kaige Precision Machinery announced that on July 17, 2026, the fifth meeting of the third board of directors approved the establishment of a special account for additional raised funds by its wholly-owned subsidiary Nanchang Kaike, to store funds for the "Construction Project of Precision Intelligent Manufacturing Equipment Production Base." On August 10, the company and Nanchang Kaike signed the "Fundraising Four-Party Supervision Agreement" with China Merchants Bank Dongguan Branch and the sponsoring institution Guosen Securities, to manage the special account for the storage and use of the funds. The new special account has been opened, with the account number 769914872910021.