MAE(SZ:002009) Shang Hai Zheng Quan Bao·2025-06-09 19:57Core Viewpoint - The company has approved the use of bills to pay for the funding required for its investment projects, with plans to replace these funds with raised capital later, ensuring the safety and efficiency of fund usage [3][6][12]. Group 1: Board Meeting - The company held its fifth temporary meeting of the ninth board on June 6, 2025, with all nine directors present, complying with legal and procedural requirements [2]. - The board unanimously approved the proposal for the subsidiary to use bills for project funding, ensuring no impact on project progress and fund safety [3][13]. Group 2: Supervisory Meeting - The company conducted its fourth temporary meeting of the ninth supervisory board on June 6, 2025, with all three supervisors present, meeting legal requirements [5]. - The supervisory board also approved the proposal, agreeing that using bills for project funding would enhance fund efficiency without altering the intended use of raised capital [6][14]. Group 3: Fundraising Details - The company raised approximately RMB 300 million through a stock issuance, with a net amount of about RMB 292 million after deducting issuance costs [7]. - The funds are stored in a dedicated account, and agreements have been signed to ensure proper management and oversight of the raised capital [7]. Group 4: Project Funding and Efficiency - The subsidiary plans to use bills for payments related to investment projects, which will later be replaced with raised funds, thereby improving operational efficiency [10][12]. - The process includes detailed record-keeping and compliance with approval procedures to ensure transparency and accountability [10][11]. Group 5: Regulatory Compliance - The proposal has been reviewed and approved by both the board and supervisory board, with no objections from the sponsor, confirming compliance with relevant laws and regulations [15].