Baolande(SH:688058) Shang Hai Zheng Quan Bao·2025-08-28 06:47Group 1 - The company held its ninth meeting of the fourth board of directors on August 27, 2025, where all five directors attended and the meeting complied with relevant laws and regulations [3][4][6] - The board approved several key proposals, including the 2025 semi-annual report and its summary, the special report on the use of raised funds, and the semi-annual evaluation report of the "Quality Improvement and Efficiency Enhancement" action plan [4][7][9][15] - The board also decided to cancel the terminated "2023 Employee Stock Ownership Plan" and proposed to hold the second extraordinary general meeting of 2025 on September 17, 2025 [11][21][44] Group 2 - The company raised a total of RMB 793 million from its initial public offering, with a net amount of RMB 710 million after deducting issuance costs [24] - As of June 30, 2025, the company had invested RMB 221.67 million in fundraising projects, with a remaining balance of RMB 43.79 million in the special account for raised funds [25][26] - The company has implemented a structured upgrade of its R&D investment, focusing on key technology areas such as AI computing platforms and intelligent operations [66][67] Group 3 - The company has emphasized the importance of optimizing operational management, resulting in a 12.28% decrease in sales expenses and a 51.50% decrease in management expenses in the first half of 2025 [73] - The company has established a mechanism for performance evaluation and talent development, enhancing the skills of its R&D personnel [69][70] - The company has revised its internal governance structure and strengthened compliance operations, including updates to its articles of association and various internal management systems [78][79]