The funds raised are only used exclusively for this project, and are supervised by the regulatory authorities, and shall not be used for other purposes. It should be said to be a positive for retail investors.

raised funds refer to the funds raised by listed companies from investors through public offering of securities (including initial public offering of shares, allotment of shares, issuance of additional shares, issuance of convertible corporate bonds, separate trading of convertible corporate bonds, etc.) and non-public offering of securities, but do not include the funds raised by listed companies' equity incentive plans. The deposit of raised funds shall be subject to the special account storage system.

the company shall set up a special account in the bank to store the raised funds, and sign an agreement on the management of the special account for raised funds with the opening bank.

Securities refer to a variety of economic rights and interests certificates collectively, and also refer to specialized products, which are legal certificates used to prove certain rights and interests enjoyed by ticket holders.

securities mainly include capital security, currency securities and commodity securities. In a narrow sense, securities mainly refer to securities products in the securities market, including property market products such as stocks, debt market products such as bonds, and derivative market products such as stock futures, options and interest rate futures.