双林股份: 第七届监事会第十五次会议决议公告

Core Viewpoint - The company has approved a plan to issue H shares and list them on the Hong Kong Stock Exchange, aiming to enhance its capital structure and support future business development [1][2][3]. Group 1: Supervisory Board Meeting - The supervisory board meeting was convened and all three members voted in favor of the proposal to issue H shares [1]. - The meeting approved the issuance of H shares to be listed on the main board of the Hong Kong Stock Exchange, with a face value of RMB 1.00 per share [1][2]. - The issuance will be conducted through public offering in Hong Kong and international placement, targeting qualified institutional investors [2][5]. Group 2: Issuance Details - The number of H shares to be issued will not exceed 15% of the total share capital post-issuance, with an option for underwriters to exercise an over-allotment option of up to 15% [3]. - The final issuance price will be determined based on market conditions, investor demand, and other relevant factors [4]. - The allocation of shares in the public offering will depend on the number of valid applications received, with a possible lottery system for distribution [5][6]. Group 3: Fund Utilization - The funds raised from the H share issuance will be used for expanding overseas production capacity, establishing an international sales network, and investing in emerging technologies [7][8]. - If the raised funds are insufficient for project needs, the company will seek alternative financing methods [8]. Group 4: Corporate Structure Changes - Following the successful issuance and listing of H shares, the company plans to convert into an overseas fundraising company [7]. - The company will also revise its articles of association and related rules to comply with legal requirements and enhance governance [9].