Orinko(SH:688219) Zheng Quan Zhi Xing·2025-08-29 10:25Meeting Overview - The third meeting of the Supervisory Board of Huitong New Materials Co., Ltd. was held on August 29, 2025, with all three supervisors participating in the voting [1][2] - The meeting's procedures complied with relevant laws and regulations, ensuring the legality and validity of the resolutions made [1] Financial Report Approval - The Supervisory Board approved the 2025 semi-annual report, confirming that it accurately reflects the company's financial status and operational results without any false statements or omissions [1][2] - The voting result for the approval of the semi-annual report was unanimous, with 3 votes in favor [2] Fund Management - The Supervisory Board agreed that the management of the raised funds complies with relevant laws and regulations, with proper storage and usage of the funds [2][3] - The board approved the use of idle raised funds for cash management, allowing up to 280 million yuan within three months, ensuring no impact on the intended use of the funds [3] Structural Changes - The Supervisory Board proposed to abolish itself and transfer its responsibilities to the Audit Committee under the Board of Directors, in accordance with new regulations effective from July 1, 2024 [4] - The proposal to cancel the Supervisory Board and amend the Articles of Association requires approval at the 2025 first extraordinary general meeting [4]