Core Viewpoint - The company proposes to seek shareholder approval to authorize the board of directors to issue shares through a simplified procedure to specific investors, with a total financing amount not exceeding RMB 300 million, which is capped at 20% of the company's net assets as of the end of the previous year [1][2]. Authorization Details - The board of directors is seeking authorization to determine if the company meets the conditions for issuing shares through a simplified procedure based on relevant laws and regulations [1]. - The issuance will involve ordinary shares (A shares) with a par value of RMB 1.00 per share, and the number of shares issued will not exceed 30% of the total share capital before the issuance [2]. Issuance Process - The issuance will be conducted through an inquiry-based pricing method, with the issue price set at no less than 80% of the average trading price over the 20 trading days prior to the pricing date [3]. - The final issue price will be determined by the board of directors in consultation with the lead underwriter based on the results of the bidding process [3]. Lock-up Period - Shares subscribed by the investors will be subject to a lock-up period of 6 months, extendable to 18 months for certain categories of investors as specified in the regulations [4]. Use of Proceeds - The funds raised will be used for projects related to the company's main business and to supplement working capital, adhering to national industrial policies and regulations [5]. - The company will not use the raised funds for financial investments or to invest in companies primarily engaged in trading securities [5]. Board Authorization - The board of directors is authorized to handle all matters related to the issuance, including determining the use of proceeds, issuance timing, and compliance with regulatory requirements [5]. - The authorization is valid from the approval date at the 2024 annual shareholder meeting until the 2025 annual shareholder meeting [5]. Meeting Procedure - The proposal was approved at the 36th meeting of the third board of directors held on April 2, 2025, and will be submitted for review at the 2024 annual shareholder meeting [6].
孩子王: 关于提请股东会授权董事会办理以简易程序向特定对象发行股票相关事宜的公告