SHGBIT(SH:603918) Zheng Quan Zhi Xing·2025-07-25 16:37Core Viewpoint - The company held its second special meeting of independent directors in 2025, where several proposals regarding the issuance of shares to specific targets were approved, indicating a strategic move to enhance its long-term competitiveness and profitability [1][2][3][4][5][6][7][8]. Group 1: Issuance of Shares - The company is deemed qualified to issue shares to specific targets, complying with relevant laws and regulations [1]. - The proposal for the 2025 issuance of shares to specific targets was approved, highlighting its alignment with legal requirements and its potential to enhance the company's sustainable competitive edge [2]. - The pre-plan for the issuance was confirmed to be accurate and complete, supporting the company's long-term strategic decisions [3]. Group 2: Financial Analysis and Use of Proceeds - The analysis report for the issuance plan considered the company's industry position, operational model, and funding needs, affirming the necessity and fairness of the proposed issuance [4]. - The feasibility analysis of the use of funds raised through the issuance aligns with national policies and the company's strategic direction, aiming to improve financial structure and overall strength [5]. - The measures to mitigate the dilution of immediate returns for existing shareholders were found to be compliant with regulatory requirements, ensuring shareholder interests are protected [6]. Group 3: Previous Fund Usage and Future Planning - A special report on the usage of previously raised funds confirmed compliance with regulations, ensuring no misallocation or harm to shareholder interests [7]. - The company established a three-year shareholder return plan (2025-2027) that balances short-term and long-term interests, ensuring a stable profit distribution policy [8].