According to Gujia Home Furnishing's announcement, the company raised a net capital of 1,863 billion yuan by issuing A-shares to specific targets, all of which have been completed. In order to standardize fund-raising management, the company and a number of wholly-owned subsidiaries signed “Tripartite Supervisory Agreements” with the sponsor GF Securities and several banks for the six fundraising projects of intelligent technology reform of household product production lines, expansion of functional iron frame production lines, smart home product development, digital transformation of brand building, and supplementary liquidity. The agreement complies with the requirements of the Shanghai Stock Exchange model. The special account is only used to store and use funds for corresponding fund-raising projects.

According to Gujia Home Furnishing's announcement, the company raised a net capital of 1,863 billion yuan by issuing A-shares to specific targets, all of which have been completed. In order to standardize fund-raising management, the company and a number of wholly-owned subsidiaries signed “Tripartite Supervisory Agreements” with the sponsor GF Securities and several banks for the six fundraising projects of intelligent technology reform of household product production lines, expansion of functional iron frame production lines, smart home product development, digital transformation of brand building, and supplementary liquidity. The agreements meet the requirements of the Shanghai Stock Exchange model. The special accounts are only used to store and use funds for corresponding fund-raising projects.