Capital Online: Signing the Four-Party Supervision Agreement for Fundraising

Capital Online Announcement: The company has issued 55 million RMB common shares to specific parties at a price of 13 RMB per share, raising a total of 715 million RMB. After deducting various issuance fees, the net amount raised is 699 million RMB. The company has opened a fundraising account at the Weigongcun Branch of Huaxia Bank in Beijing to deposit the funds raised, and has signed a four-party supervision agreement for the fundraising. The main terms of the agreement include fund management, regular reconciliation, handling of violations, etc., to ensure the safe and compliant use of the funds.