Shang Hai Zheng Quan Bao·2025-07-29 17:34Group 1 - The company held its 18th meeting of the second board on July 29, 2025, with all 7 directors present, ensuring compliance with relevant laws and regulations [2][4] - The board approved the election of Mr. Lü Hanzhuan as the executive director and legal representative, effective immediately [3][4] - The board also approved the election of members for the audit committee, with Mr. Yu Jingxuan as the convener, ensuring independent oversight [5][6] Group 2 - The company decided to provide a loan of up to 35 million yuan to its wholly-owned subsidiary, Shenzhen Jinghua Zhixin Microelectronics Co., Ltd., to support the "R&D Center Construction Project" [7][24] - The total amount of funds raised from the initial public offering was approximately 1.048 billion yuan, with a net amount of about 920.54 million yuan after deducting issuance costs [13][24] - The establishment of a dedicated account for managing the raised funds was approved to ensure proper usage and compliance with regulations [10][11][17] Group 3 - The company has adjusted its fundraising project timeline, extending the implementation period to July 2027, and has added new project components [27] - The loan provided to the subsidiary will be managed under strict regulatory compliance, ensuring that funds are used solely for the intended project [28][32] - The company’s board has authorized management to handle the specifics of the loan agreement and related matters [32][33]