--- title: "HYP-ARCH cancels part of the special account for raised funds, supplementing working capital by 8.3042 million" type: "News" locale: "en" url: "https://longbridge.com/en/news/258823233.md" description: "Shanghai HYP-ARCH Architectural Design Co., Ltd. announced that it has canceled part of the special account for the raised funds from its initial public offering. In 2021, the company issued 10.6 million A shares, raising a net amount of 462 million yuan. The 2025 meeting agreed to conclude the \"New Construction and Upgrade Project of Design Service Network,\" with 8.3042 million yuan permanently supplementing working capital. The transfer of related funds and account cancellation has been completed, and the regulatory agreement has been terminated" datetime: "2025-09-25T07:59:31.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/258823233.md) - [en](https://longbridge.com/en/news/258823233.md) - [zh-HK](https://longbridge.com/zh-HK/news/258823233.md) --- # HYP-ARCH cancels part of the special account for raised funds, supplementing working capital by 8.3042 million Shanghai HYP-ARCH Architectural Design Co., Ltd. recently announced that it has completed the cancellation procedures for part of the special account for the funds raised from its initial public offering. In 2021, the company issued 10.6 million A-shares, raising a net amount of 462 million yuan. The company strictly stores, uses, and manages funds in accordance with regulations. In 2025, the relevant meeting agreed to conclude the "New Construction and Upgrade Project of Design Service Network," which will permanently supplement working capital with a surplus of 8.3042 million yuan. The transfer of funds and account cancellation have been completed, and the relevant regulatory agreements have been terminated accordingly ### Related Stocks - [301024.CN](https://longbridge.com/en/quote/301024.CN.md) ## Related News & Research - [Trump: The White House won't be secure if the GOP doesn't approve funds.](https://longbridge.com/en/news/287251654.md) - [TRUMP INDICATES POSSIBLE ACTION TO ELIMINATE IRAN'S URANIUM.](https://longbridge.com/en/news/287252191.md) - [Iowa’s Hinson leans into Trump alliance, pushes congressional trading ban in Senate campaign](https://longbridge.com/en/news/287255418.md) - [TRUMP DISCUSSED OMAN AND TOLLS IN HORMUZ STRAIT, STATING THAT THE U.S. HAS COMPLETE CONTROL OVER IT.](https://longbridge.com/en/news/287252201.md) - [Trump: We want to open Cuba up](https://longbridge.com/en/news/287251614.md)