ORG Technology(SZ:002701) Shang Hai Zheng Quan Bao·2025-08-08 18:41Group 1 - The core point of the announcement is that Aorijun Technology Co., Ltd. held its third meeting of the fifth board of directors in 2025, where several important resolutions were passed, including changes to the registered address and amendments to the company's articles of association [1][3][91]. - The board meeting was held on August 8, 2025, with all nine directors present, and the meeting complied with relevant laws and regulations [2][3]. - The board approved the proposal to change the registered address from "Beijing Huairou District Yanqi Industrial Development Zone" to "Beijing Huairou District Yanqi Economic Development Zone, Yanqi Street No. 11" [3][4]. Group 2 - The board also approved the proposal to abolish the supervisory board, transferring its powers to the audit committee of the board, and to amend the articles of association accordingly [3][4]. - The resolutions regarding the amendments to various governance documents, including the rules for shareholder meetings and board meetings, were also passed unanimously [5][8][10]. - The board proposed to hold a second extraordinary general meeting in 2025 to seek shareholder approval for these resolutions, requiring a two-thirds majority vote [4][6][90]. Group 3 - Aorijun plans to issue non-public exchangeable corporate bonds, with a total issuance scale not exceeding RMB 1.25 billion, to professional investors [50][60][91]. - The bonds will have a face value of RMB 100 each and will be issued at par, with a maturity of up to three years [56][96]. - The funds raised will be used for repaying interest-bearing debts and supplementing working capital, with a dedicated account established for the bond proceeds [101][102]. Group 4 - The company will provide a detailed plan for the bond issuance, including the specific terms and conditions, which will be subject to approval at the upcoming shareholder meeting [83][84]. - The bonds will be secured by a pledge of shares in Huangshan Yongxin Co., Ltd., ensuring the interests of bondholders are protected [69][99]. - The company will seek authorization from the shareholders to handle all matters related to the bond issuance, including adjustments to the issuance terms as necessary [83][84].