OLYMPIC(SH:603920) Zheng Quan Ri Bao·2025-10-28 23:41Core Viewpoint - The company, Guangdong Shiyun Circuit Technology Co., Ltd., has announced the results of its fifth board meeting, which includes the approval of the third quarter report for 2025 and the use of raised funds for investment projects [10][11][45]. Financial Data - The financial statements for the third quarter of 2025 have not been audited [3]. - The company reported a net profit of 0 yuan for the merged entity prior to the merger [6]. Shareholder Information - The total number of ordinary shareholders and the status of preferred shareholders with restored voting rights were not applicable [5]. Board Meeting Details - The fifth board meeting was held on October 28, 2025, with all seven directors present, and the meeting was deemed legal and effective [11]. - The board approved the third quarter report and the mid-term profit distribution plan, which will be submitted for review at the fourth extraordinary shareholders' meeting [15][37]. Use of Raised Funds - The company plans to use 520 million yuan of raised funds to increase capital or provide loans to its wholly-owned subsidiary, Hong Kong Shiyun, for the implementation of the "Thailand Peak Green Industrial Park" project [17][50]. - The total raised funds amounted to approximately 1.793 billion yuan, with a net amount of 1.777 billion yuan after deducting fees [48]. Capital Changes - The registered capital will be adjusted to 720,592,317 yuan following the implementation of the stock option incentive plan [20][40]. - The company will no longer have a supervisory board, with its responsibilities transferred to the audit committee of the board [20]. Governance and Compliance - The board and supervisory board have ensured that all reports and announcements are accurate and complete, taking legal responsibility for their content [2][10]. - The company has revised several governance documents to align with new regulations and improve operational efficiency [23][25].