Meeting Overview - The 19th (temporary) meeting of the fourth Supervisory Board of Dongwu Securities was held on July 14, 2025, with 100% attendance of the supervisors [1] - The meeting was chaired by Wang Jinkang, and company executives were present [1] Resolutions Passed - The Supervisory Board approved the proposal regarding the company's compliance with the conditions for issuing A-shares to specific targets, with a unanimous vote of 6 in favor [2] - The proposal for the company to issue A-shares to specific targets was also approved, with the same unanimous vote [2] Issuance Details - The A-shares to be issued will have a par value of RMB 1.00 per share [2] - The issuance will be conducted after obtaining approval from the Shanghai Stock Exchange and the China Securities Regulatory Commission [2] Target Investors - The issuance will target specific investors, including the controlling shareholder Suzhou International Development Group and its concerted party Suzhou Yingcai Investment Group, among others [3] - Other investors will be determined based on their qualifications as per regulatory requirements [3] Pricing Mechanism - The pricing benchmark for the issuance will be the first day of the issuance period, with the price set at no less than 80% of the average trading price over the previous 20 trading days or the latest audited net asset value per share [4][5] Subscription and Limitations - The total number of shares issued will not exceed 30% of the company's total shares prior to the issuance, amounting to a maximum of 1,490,610,851 shares [6] - The controlling shareholders will not participate in the pricing process but will agree to subscribe at the market price determined through the bidding process [6] Fundraising and Utilization - The total amount to be raised from the issuance will not exceed RMB 6 billion, aimed at increasing the company's capital and enhancing its risk resistance and market competitiveness [8][9] - The funds will be used for projects aligned with the company's operational capabilities and will not lead to significant changes in the company's main business [9] Shareholding Restrictions - Shares acquired by specific investors will be subject to lock-up periods ranging from 6 to 60 months, depending on their shareholding percentage [7] Future Plans - The resolutions regarding the issuance and related reports will be submitted for approval at the company's shareholders' meeting [10][11][12]
东吴证券: 东吴证券股份有限公司第四届监事会第十九次(临时)会议决议公告