Meeting Overview - The 14th Supervisory Board meeting of Shanxi Meijin Energy Co., Ltd. was held on June 12, 2025, via communication, with all three supervisors participating [2][4]. - The meeting was chaired by Ms. Wang Lizhu and complied with relevant laws and regulations [2]. Resolutions Passed - The Supervisory Board unanimously approved the proposal to use part of the idle raised funds for cash management, allowing up to 300 million yuan to be temporarily utilized for purchasing cash yield products with a maximum term of one year [3][21]. - The cash management aims to enhance the efficiency of fund usage while ensuring the normal progress of fundraising projects [3][20]. Fundraising Background - The company raised a total of 3.59 billion yuan through the issuance of convertible bonds, with a net amount of approximately 3.56 billion yuan after deducting related expenses [8][9]. - As of August 31, 2022, there was a remaining balance of 306.29 million yuan in idle raised funds due to the phased implementation of investment projects [10]. Cash Management Details - The cash management will involve low-risk, high-liquidity products such as seven-day notice deposits and fixed-term deposits, with no involvement in high-risk investments [11][13]. - The management is authorized to make investment decisions within the approved limits and duration, which is valid for one year from the date of approval [12][14]. Impact on Company Operations - The use of idle funds for cash management is expected to improve fund efficiency and operational performance without affecting the normal operations of the company or its main business [20][39]. - The Supervisory Board and the sponsor institution have expressed no objections to the cash management proposal, confirming that it complies with legal regulations and does not harm shareholder interests [22][23].
山西美锦能源股份有限公司十届十四次监事会会议决议公告