Is it good news or bad news for listed companies to return the raised funds?

It is good news for listed companies to return the raised funds, and it is of course good to have money to return the raised funds. 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, issuance of convertible corporate bonds for separate transactions, etc.). ) and non-public offering of securities, but excluding the funds raised by the equity incentive plan of listed companies.

Use of funds raised by listed companies:

In principle, the funds raised by listed companies should be used for the main business. Except for financial enterprises, the investment projects of raised funds shall not be financial investments such as holding trading financial assets and available-for-sale financial assets, lending them to others, and entrusting financial management. , and may not directly or indirectly invest in companies whose main business is buying and selling securities.

Temporarily idle raised funds can be managed in cash, and the products they invest in must meet the following conditions:

1, with high security, meets the capital preservation requirements, and the product issuer can provide a capital preservation commitment.

2. Good liquidity does not affect the normal operation of the raised funds investment plan.

Measures for the administration of raised funds:

According to the relevant provisions of the Securities Investment Fund Law and the Interim Measures for the Supervision and Administration of Private Investment Funds, the China Fund Industry Association has studied and formulated the Measures for the Administration of Private Investment Funds, which was voted by the Council of the Association and is hereby promulgated, and will be implemented from July 20 16 to July 5/2008. China Fund Industry Association encourages fund-raising institutions to implement the return visit system in accordance with the provisions of Articles 30 and 31 of these Measures, and the formal implementation time will be notified separately after evaluating the relevant implementation effects. Including institutions that participate in the opening and use of special accounts for private fund raising and settlement funds, may not include private fund raising and settlement funds as their own property. It is forbidden for any unit or individual to misappropriate the settlement funds raised by private equity funds in any form. When private fund managers, fund sales organizations, fund sales and payment organizations and fund share registration organizations go bankrupt or liquidate, the settlement funds raised by private funds do not belong to their bankruptcy property or liquidation property.