Zhejiang Huada New Materials (SH:605158) Shang Hai Zheng Quan Bao·2025-09-17 20:07Group 1 - The fourth board meeting of Zhejiang Huada New Materials Co., Ltd. was held on September 17, 2025, with all 8 directors present, and the meeting was deemed legally valid [2][4]. - The board approved the election of members for the fourth audit committee, including Huang Manxing, Xu Hesheng, and Jiang Zhenyu, effective immediately [3][5]. - Jiang Zhenyu was elected as the employee representative director during the employee representative meeting held on the same day [13][14]. Group 2 - The company completed the use of funds raised from its initial public offering, totaling RMB 849.32 million, with a net amount of RMB 749.99 million after deducting issuance costs [8][12]. - The company has terminated the special account for the raised funds as all funds have been fully utilized, with a balance of zero [11][12]. - The company established a management system for the raised funds to ensure compliance with relevant laws and regulations [9].