Hoshion(SZ:002824) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-10-09 04:58Group 1 - The company held its 14th meeting of the 5th Board of Directors on September 30, 2025, with all 9 directors present, complying with relevant laws and regulations [2][3]. - The Board approved the use of up to 300 million yuan of idle raised funds for cash management, ensuring it does not affect project construction or normal operations [3][37]. - The Board also approved the use of self-owned funds and bank acceptance bills to pay for project expenses, which will be replaced by raised funds later [4][30]. Group 2 - The Board agreed to adjust the investment amount for the fundraising project based on the actual funds raised, without changing the purpose of the funds [6][25]. - The company plans to use approximately 300 million yuan of raised funds to increase capital in its wholly-owned subsidiary for project implementation [9][14]. - The company will ensure that the use of raised funds complies with relevant regulations and will not harm the interests of shareholders [21][27]. Group 3 - The company raised a total of approximately 500 million yuan through a specific stock issuance, with a net amount of about 493.87 million yuan after deducting issuance costs [15][30]. - The company will manage the raised funds in a dedicated account and has signed a tripartite supervision agreement with the sponsor and the bank [15][30]. - The company aims to improve the efficiency of fund usage and ensure the safety of the principal through cash management of idle funds [40][49].