Zheng Quan Zhi Xing·2025-08-15 16:24Meeting Overview - The second meeting of the Supervisory Board of Shanghai Huhui Optoelectronics Co., Ltd. was held on August 14, 2025, with all 7 supervisors present, confirming the legality and validity of the meeting procedures [1] - The meeting was chaired by Mr. Ying Xiaoming, and the notice was sent to all supervisors on August 4, 2025 [1] Financial Reporting - The preparation and review process of the 2025 semi-annual report complies with relevant laws and regulations, accurately reflecting the company's financial status and operational results [1] - The report contains no false records, misleading statements, or significant omissions [1] Fund Management - The management and actual use of raised funds for the first half of 2025 comply with legal regulations, with no violations or misappropriations reported [2] - The special report on the management and use of raised funds accurately reflects the actual situation [2] Fund Replacement - The company plans to use its own funds to pay for project investments and will subsequently replace them with raised funds, which is in line with regulatory requirements [3] - This approach aims to enhance operational management efficiency without harming shareholder interests [3] Cash Management - The company intends to use a maximum of RMB 300 million of temporarily idle raised funds for cash management within 12 months, ensuring it does not conflict with investment project implementations [4] - This decision is expected to improve fund utilization efficiency and yield good returns [4] Supervisory Board Changes - The company plans to abolish the Supervisory Board, transferring its powers to the Audit Committee of the Board of Directors, pending shareholder approval [5] - Corresponding amendments to the company's articles of association and meeting rules have been drafted [5]