沧州明珠塑料股份有限公司第九届董事会第四次（临时）会议决议公告

Core Points - The company held its ninth board meeting on October 16, 2025, where it approved the temporary use of idle raised funds to supplement working capital [1][2][12] - The total amount approved for temporary use is up to RMB 15 million, with RMB 11.5 million allocated to subsidiary Cangzhou Donghong and RMB 3.5 million to subsidiary Wuhu Mingzhu [3][9] - The funds will be returned to the designated accounts within six months after the approval [3][10] Summary by Sections Meeting Details - The board meeting was convened legally and effectively, with all nine directors present [1][12] - The meeting was conducted via telecommunication, and the voting deadline was set for October 16, 2025, at 12:00 PM [1] Fund Usage - The company approved the temporary use of idle raised funds to address liquidity needs, ensuring it does not affect the normal implementation of investment plans [10][11] - The decision aims to enhance the efficiency of fund usage and reduce financial costs, with an estimated interest savings of RMB 2.25 million over six months based on the current loan market rate [10] Fund Management - The company raised a total of RMB 1.238 billion through a non-public stock issuance, with a net amount of RMB 1.221 billion after expenses [6] - The funds are stored in a dedicated account, and the company has established regulatory agreements with banks and sponsors [6][8] Previous Fund Usage - In a prior meeting on October 29, 2024, the company had approved the use of RMB 15 million in idle funds, which has since been fully returned to the designated accounts [8][9] Compliance and Oversight - The company and its subsidiaries will adhere to relevant regulations regarding the use of raised funds, ensuring no high-risk investments are made during this period [11][13] - The sponsor has confirmed that the decision complies with legal procedures and does not harm shareholder interests [13]