3PEAK(SH:688536) Shang Hai Zheng Quan Bao·2025-06-20 19:31Group 1 - The company held its fourth board meeting on June 20, 2025, with all nine directors present, and the meeting was conducted in accordance with relevant laws and regulations [2][3]. - The board approved the grant of restricted stock to 72 eligible participants at a price of 72.81 yuan per share, totaling 1,186,440 shares [3][45]. - The board also approved the use of idle raised funds for cash management, with a maximum amount of 25 million yuan from the initial public offering and 85 million yuan from the 2022 private placement [4][11]. Group 2 - The company plans to conduct foreign exchange hedging activities, which were also approved by the board [5][74]. - A special account will be established for the funds raised from the issuance of A-shares to specific investors, ensuring proper management and storage of the funds [6][7]. - The board authorized the chairman to adjust the issuance price if the number of shares issued does not meet 70% of the planned amount [7][8]. Group 3 - The company aims to improve the efficiency of fund utilization and maximize shareholder returns by managing idle funds through low-risk financial products [15][18]. - The cash management will be conducted under strict regulations, ensuring that the funds are not used for high-risk investments [18][21]. - The company will disclose information regarding the cash management activities in accordance with regulatory requirements [21][22].