Group 1 - The company held its third board meeting on July 31, 2025, with all five directors present, confirming compliance with relevant laws and regulations [1] - The board approved the use of RMB 180.29 million of the raised funds for the construction of a smart manufacturing base in Vietnam, aimed at expanding the product line and increasing production capacity to meet market demand [1][2] - The board also approved a guarantee for its wholly-owned subsidiary, Hong Kong Chunsheng Industrial Co., Ltd., for a financing application of up to RMB 200 million, with a validity period of 12 months [2][3] Group 2 - The guarantee includes various forms such as general guarantees and joint liability guarantees, with specific amounts and terms to be defined in the actual contracts [3] - The board authorized the management to sign all relevant documents related to this guarantee [3] - The board also approved the convening of the third extraordinary general meeting of shareholders in 2025 [2]
致尚科技: 第三届董事会第九次会议决议公告