长缆科技: 第五届监事会第十次会议决议公告

Core Viewpoint - The company has approved a plan for a private placement of shares to specific investors in 2025, which requires further approval from the upcoming shareholders' meeting [1][7]. Group 1: Share Issuance Details - The company plans to issue A-shares with a par value of RMB 1.00 each, with a maximum of 57,932,292 shares, not exceeding 30% of the total share capital before the issuance [2][4]. - The issuance will target no more than 35 specific investors, including qualified institutional investors and other eligible entities [2][3]. - The pricing for the shares will be set at no less than 80% of the average trading price over the 20 trading days prior to the pricing date [3][4]. Group 2: Fundraising and Utilization - The total amount to be raised from this issuance is capped at RMB 460 million, which will be used entirely for the expansion of high-voltage and ultra-high-voltage cable accessories and other power equipment technology renovation projects [5][6]. - The company may initially use self-raised funds for the projects and later replace them with the raised funds once available [6]. Group 3: Regulatory Compliance and Reporting - The company has confirmed that it does not need to prepare a report on the use of previous fundraising as it has not raised funds through various means in the last five accounting years [10]. - The company has also prepared a feasibility analysis report regarding the use of the raised funds, which will be submitted for approval [8][9]. Group 4: Shareholder Returns and Future Planning - A plan for shareholder returns over the next three years (2025-2027) has been developed, which will also be presented for approval at the upcoming shareholders' meeting [12]. - The company has committed to measures to mitigate the dilution of immediate returns for existing shareholders due to the new issuance [10].