---
title: "Smarter Micro: Use self-owned funds to pay for personnel expenses of fundraising projects and replace them with an equivalent amount of raised funds"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/247980216.md"
description: "Smarter Micro announced that the company and its wholly-owned subsidiary, as the implementing entity, agree to use their own funds to pay for personnel expenses during the fundraising investment project period. Subsequently, equivalent funds will be regularly transferred from the fundraising special account to the company's own funds account for replacement. This matter has been reviewed and approved by the company's board of directors and supervisory board, and does not need to be submitted for shareholder meeting review. The sponsor, Huatai United Securities Co., Ltd., has issued a clear verification opinion on this"
datetime: "2025-07-10T11:12:40.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/247980216.md)
  - [en](https://longbridge.com/en/news/247980216.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/247980216.md)
---

# Smarter Micro: Use self-owned funds to pay for personnel expenses of fundraising projects and replace them with an equivalent amount of raised funds

Smarter Micro announced that the company and its wholly-owned subsidiary, as the implementing entity, agree to use their own funds to pay for personnel costs of the fundraising investment project during the project period. Subsequently, equivalent funds will be regularly transferred from the fundraising special account to the company's own funds account for replacement. This matter has been reviewed and approved by the company's board of directors and supervisory board, and does not need to be submitted for shareholder meeting review. The sponsor, Huatai United Securities Co., Ltd., has issued a clear verification opinion on this

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