CNANO(SH:688116) Zheng Quan Zhi Xing·2025-08-29 10:25Meeting Overview - The third meeting of the board of directors of Jiangsu Tiannai Technology Co., Ltd. was held on August 29, 2025, with all 9 directors participating in the voting [1][2] - The meeting adhered to the relevant laws and regulations, including the Company Law and the company's articles of association [1] Resolutions Passed - The board approved the 2025 semi-annual report and its summary, which were published on the Shanghai Stock Exchange website [1][2] - The board unanimously approved the special report on the use of raised funds for the first half of 2025 [2] - The board agreed on the internal control audit work report for the first half of 2025 without any objections [2] - The board approved the semi-annual evaluation report of the quality improvement and efficiency enhancement action plan for 2025 [2] Guarantees and Transactions - The board decided to provide guarantees for its controlling subsidiary, Tian Nai Jincheng, based on its business development needs, which aligns with the company's overall strategy [3] - The board approved an increase in the expected amount for daily related party transactions for 2025, stating it would not adversely affect the company's financial status or operations [3] Stock Incentive Plan Adjustments - The board adjusted the grant price of restricted stock under the 2022 incentive plan from 23.24 CNY/share to 23.09 CNY/share due to the implementation of the 2024 annual profit distribution plan [4] - The board confirmed that 100,240 shares under the 2022 incentive plan met the vesting conditions for the third vesting period, allowing for the processing of vesting for 59 eligible participants [5] Cancellation of Restricted Stocks - The board announced the cancellation of a total of 30,592 shares of restricted stock due to various reasons, including employee departures and performance not meeting the required standards [6]