Hunan Silver: Cancel the dedicated account for raising funds, and accordingly terminate the tripartite supervision agreement.

Sina Finance reported on March 31st that Hunan Baiyin announced that on March 19, 2024, the company privately issued shares to raise funds of 302 million yuan, with a net amount of 302 million yuan transferred to the fundraising supervision account. On March 21, 2024, the company signed a "Three Party Fundraising Supervision Agreement" with the Chenzhou Branch of Guangfa Bank and China International Capital Corporation. As of the disclosure date of the announcement, the raised funds were all used to supplement working capital. The special account balance was used up, and has been cancelled, and the three-party supervision agreement has been correspondingly terminated.