Succeeder(SH:688338) Zheng Quan Zhi Xing·2025-08-21 09:08Group 1 - The board of directors of Beijing Saike Xide Technology Co., Ltd. held its third meeting of the fourth board session on August 20, 2025, with all 9 directors present [1] - The board approved the preparation of the 2025 semi-annual report and its summary, confirming that the report reflects the company's financial status and operating results accurately [1][2] - The board also approved the special report on the storage and actual use of raised funds, affirming compliance with relevant laws and regulations [2][3] Group 2 - The company plans to use up to RMB 155 million of idle raised funds for cash management, allowing for the purchase of safe and liquid principal-protected cash management products [3] - Additionally, the company intends to use up to RMB 1.05 billion of idle self-owned funds for cash management under similar conditions [4] - The board evaluated the implementation and effects of the "Quality Improvement and Efficiency Enhancement" action plan for 2025, preparing a semi-annual assessment report [4][5]