Group 1 - The company held its 15th meeting of the second board of directors on August 7, 2025, with all 7 directors present, complying with legal and regulatory requirements [1] - The board approved a proposal to change the registered capital and amend the company's articles of association, including a cash dividend distribution of 5 RMB per 10 shares, totaling 40 million RMB, and a capital reserve conversion of 3 shares for every 10 shares, increasing total shares from 80 million to 104 million [1][2] - The company will no longer have a supervisory board, with its functions transferred to the audit committee of the board, and the number of board members will increase from 7 to 9, including 3 independent directors [2][3] Group 2 - The board proposed to authorize the management to handle the necessary business registration changes and amendments to the articles of association, with the authorization valid until the completion of these changes [3] - The board approved the election of a new non-independent director, Mr. Jiang Songzhou, whose term will last until the end of the current board's term [4] - The board unanimously agreed to establish a special account for raised funds at designated banks for the "Intelligent Chassis Thermal Control System Production Base (Phase I) Project" [6][7] Group 3 - The company plans to use part of the raised funds for new project investments, enhancing the efficiency of fund utilization without harming the interests of the company and its shareholders [7] - A third extraordinary general meeting of shareholders is scheduled for August 25, 2025, to review the proposals that require shareholder approval [7][8]
丰茂股份: 第二届董事会第十五次会议决议公告