隆华新材: 监事会决议公告

Meeting Overview - The fourth meeting of the fourth supervisory board of Shandong Longhua New Materials Co., Ltd. was held on August 21, 2025, with all three supervisors present [1] - The meeting was convened in accordance with relevant laws, regulations, and the company's articles of association [1] Financial Reporting - The supervisory board confirmed that the preparation of the 2025 semi-annual report and its summary by the board of directors complied with legal and regulatory requirements, accurately reflecting the company's financial status and operational results [1][2] - The voting results for the approval of the semi-annual report were unanimous, with 3 votes in favor and no votes against or abstaining [2] Fund Management - The special report on the storage and use of raised funds for the first half of 2025 was also approved, confirming that it accurately reflects the situation without any false records or misleading statements [2] - The company strictly adhered to relevant laws and regulations regarding the use of raised funds, ensuring no violations occurred [2] Corporate Governance - The company proposed amendments to its articles of association, which require shareholder approval at the upcoming general meeting [3][4] - The supervisory board approved the revisions to the company's governance systems in line with the latest legal and regulatory requirements [3][4] Convertible Bond Issuance - The company plans to issue convertible bonds to unspecified investors, with a total fundraising amount not exceeding RMB 960 million [6][19] - The bonds will be issued at face value, with a maturity of six years and an annual interest payment structure [6][7] - The initial conversion price will be determined based on the average trading price of the company's A-shares prior to the announcement [9][12] Use of Proceeds - The raised funds will be allocated to projects including the construction of a 200,000-ton environmentally friendly polyether series product project, with a total investment of RMB 1.1 billion [19] - The company will ensure that any excess funding required for projects beyond the raised amount will be sourced through self-funding or other means [19] Rights and Obligations of Bondholders - Bondholders will have rights to participate in meetings, request payment of principal and interest, convert bonds into shares, and exercise buyback rights under specified conditions [16][17] - The company will provide annual credit ratings for the bonds and manage the raised funds in a designated account [20]