双林股份: 第七届董事会第二十次会议决议公告

Group 1 - The company has approved the issuance of H shares and plans to list them on the Hong Kong Stock Exchange [1][2][3] - The issuance will consist of a maximum of 15% of the company's total share capital post-issuance, with an option for underwriters to exercise an over-allotment option of up to 15% [3][4] - The issuance will be conducted through public offering in Hong Kong and international placement, targeting both local and international investors [2][5] Group 2 - The company will determine the final issuance price based on market conditions, investor demand, and other relevant factors [4] - The proceeds from the H share issuance will be used for expanding overseas production capacity, establishing an international sales network, and other general corporate purposes [9][10] - The company will appoint various professional intermediaries for the issuance process, including underwriters, legal advisors, and auditors [7][8] Group 3 - The board has proposed to amend the company's articles of association to align with the requirements for H share issuance and listing [12][14] - The company will apply for registration as a non-Hong Kong company in accordance with local regulations [11] - The board has confirmed the roles of directors post-issuance, including the appointment of an independent director [19][20] Group 4 - The company plans to hold a temporary shareholders' meeting to discuss the H share issuance and related matters [25] - The board has approved the hiring of a company secretary and authorized representatives for the H share issuance [18] - The company will also purchase liability insurance for directors and senior management to manage risks associated with the issuance [21][22]