Fortior Technology(Shenzhen) (SH:688279) Shang Hai Zheng Quan Bao·2025-07-29 17:37Meeting Overview - The second meeting of the Supervisory Board of Fortech (Shenzhen) Co., Ltd. was held on July 29, 2025, with all three supervisors present, complying with legal and regulatory requirements [2][4]. Resolutions Passed - The Supervisory Board approved the appointment of Zhongxinghua Accounting Firm as the A-share financial and internal control auditor for the year 2025, citing its strong professional competence and industry experience [3][5]. - The Supervisory Board also approved the appointment of Ernst & Young as the H-share auditor for 2025, based on the company's actual needs and relevant regulations [6][8]. - The company plans to use up to RMB 450 million of idle funds for cash management, ensuring that this does not affect daily operations or shareholder interests [9][10][12]. Audit Firm Information - Zhongxinghua Accounting Firm, established in 1993, has a strong track record with 1,052 registered accountants and a total revenue of RMB 203.34 million in 2024, with RMB 154.72 million from audit services [14][15]. - Ernst & Young is a well-established firm providing audit, tax, and consulting services to numerous Hong Kong-listed companies, registered as a public interest entity auditor [22][24]. Cash Management Plan - The cash management aims to enhance fund utilization efficiency and investment returns while ensuring the safety of the funds [32][34]. - The funds will be sourced from temporarily idle self-owned funds, with a focus on high-security and high-liquidity investment products [33][34]. Shareholder Meeting - The second extraordinary general meeting of shareholders is scheduled for August 15, 2025, to review the resolutions passed by the board and supervisory board [46][48].