新希望六和股份有限公司 第十届董事会第六次会议决议公告

Core Viewpoint - The company has approved the temporary use of idle raised funds to supplement working capital, amounting to no more than RMB 110 million, for a period not exceeding 12 months, ensuring compliance with relevant regulations and maintaining the integrity of the original fundraising purpose [3][4][18]. Group 1: Board Meeting - The company's 10th Board of Directors held its 6th meeting on September 4, 2025, via telecommunication, with all 9 directors participating, confirming the legality and validity of the resolutions made [2][3]. - The board unanimously approved the proposal to use part of the idle raised funds to temporarily supplement working capital, with a vote of 9 in favor, 0 against, and 0 abstentions [3][4]. Group 2: Fundraising and Usage - The company raised a total of RMB 3,999,999,988.44 through a non-public offering of up to 177,147,918 shares, with a net amount of RMB 3,994,750,464.69 after deducting issuance costs [3][14]. - As of June 30, 2025, the company plans to use up to RMB 110 million of idle raised funds to improve efficiency and reduce financial costs, with the condition that it will not affect the progress of the original investment projects [4][16][19]. Group 3: Supervisory Approval - The 10th Supervisory Board also held its 6th meeting on September 4, 2025, with all 3 supervisors participating, confirming the legality of the resolutions [7][8]. - The Supervisory Board agreed with the proposal to use idle raised funds for working capital, emphasizing that it aligns with the company's development needs and does not violate any laws or regulations [8][20]. Group 4: Financial Implications - The use of idle funds is expected to save approximately RMB 1.65 million in financial costs, as it reduces the need for bank loans [19]. - The company commits to returning the funds to the dedicated account based on the progress of the investment projects, ensuring that the original fundraising purpose remains intact [19][21].