CFMEE(SH:688630) Zheng Quan Zhi Xing·2025-08-13 11:11Group 1 - The company held its 18th meeting of the second Supervisory Board on August 8, 2025, with all three supervisors present, complying with relevant laws and regulations [1][2]. - The Supervisory Board approved the proposal to cancel the Supervisory Board and amend the company's articles of association, which will be submitted to the first extraordinary general meeting of shareholders in 2025 for review [2][3]. - The company plans to issue H shares and apply for listing on the Hong Kong Stock Exchange to enhance its global strategy and diversify financing channels, which also requires approval from the shareholders' meeting [2][3]. Group 2 - The specific plan for the H share issuance includes public offerings in Hong Kong and international placements, with the issuance expected to account for approximately 15% of the total share capital post-issuance [7][10]. - The final issuance price will be determined based on various factors, including market conditions and investor demand, with the decision to be authorized by the shareholders' meeting [8][10]. - The company intends to use the funds raised from the H share issuance for capacity enhancement, product development, market expansion, strategic investments, and general corporate purposes [12][14]. Group 3 - The Supervisory Board approved the plan for the distribution of retained earnings prior to the H share issuance, which will be shared among all shareholders based on their ownership post-issuance [13][14]. - The company appointed Ernst & Young as the auditing firm for the H share issuance, which will provide necessary reports and opinions related to the issuance [14][15]. - The company will apply for registration as a non-Hong Kong company in accordance with Hong Kong regulations to facilitate the H share issuance and listing [15][16].