Zhejiang Yunzhongma (SH:603130) Zheng Quan Zhi Xing·2025-07-11 09:16Core Viewpoint - Zhejiang Cloud Horse Co., Ltd. is convening its first extraordinary general meeting of shareholders in 2025 to discuss the feasibility of issuing A-shares to specific investors and related matters [1][5][13]. Group 1: Meeting Details - The meeting is scheduled for July 24, 2025, at 1:00 PM, with a location at the company's conference room in Lishui City, Zhejiang Province [4]. - Shareholders must sign in 30 minutes prior to the meeting and present necessary identification [2]. - The meeting will be conducted with both on-site and online voting, and results will be announced post-meeting [3][4]. Group 2: Proposals for Share Issuance - The company proposes to issue A-shares to no more than 35 specific investors, including qualified institutional investors and other legal entities [6][8]. - The total amount to be raised from this issuance is capped at 640 million yuan, with funds allocated for a project involving the production of 135,000 tons of DTY yarn and 120,000 tons of high-performance leather base fabric [9][10]. - The issuance price will not be lower than 80% of the average trading price over the 20 trading days prior to the pricing date [7]. Group 3: Financial and Legal Considerations - The company has prepared a feasibility analysis report for the use of funds raised from the issuance, ensuring compliance with relevant laws and regulations [13][14]. - A report on the previous fundraising usage will also be presented to the shareholders [14]. - The company plans to implement measures to mitigate the dilution of immediate returns resulting from the issuance [16]. Group 4: Authorization and Governance - The company seeks authorization from shareholders for the board to manage all matters related to the issuance, including adjustments to the issuance plan as necessary [17]. - The authorization will be valid for 12 months from the date of the shareholders' approval [17].