Science Environmental Protection (SH:688480) Zheng Quan Zhi Xing·2025-07-21 12:08Meeting Overview - The third meeting of the Supervisory Board of Sains Environmental Co., Ltd. was held on July 19, 2025, combining both in-person and online formats, with all three supervisors present [1]. Resolutions Passed - The Supervisory Board approved the use of part of the raised funds to invest in establishing a wholly-owned subsidiary for new projects, which aligns with regulatory requirements and the company's business development needs, enhancing the efficiency of fund usage [1][2]. - The Supervisory Board also approved the retroactive use of temporarily idle raised funds for cash management, ensuring that this does not affect the investment progress or the normal operations of the company, while aiming to increase returns for shareholders [2][3]. - Additionally, the Supervisory Board agreed to apply for an increase in bank credit and guarantee limits for the company and its subsidiaries, which is deemed beneficial for the ongoing and future financial stability of the company [3].