Xingyu Co.,Ltd(SH:601799) Shang Hai Zheng Quan Bao·2025-10-29 23:30Core Viewpoint - The company has announced its third-quarter report for 2025, confirming the authenticity and completeness of the financial information presented, and has made decisions regarding its employee stock ownership plan and the use of surplus funds from a previous bond issuance [8][14][45]. Financial Data - The third-quarter financial report for 2025 has not been audited [3]. - The company reported a surplus of 254.44 million yuan from its 2020 convertible bond issuance, which is approximately 17.07% of the net amount raised [45][46]. Shareholder Information - The company will hold its second extraordinary general meeting of 2025 on November 20, 2025, using a combination of on-site and online voting methods [25][26]. - The meeting will address several key proposals, including the approval of the employee stock ownership plan and the use of surplus funds [19][20]. Employee Stock Ownership Plan - The board has approved the draft of the 2025 employee stock ownership plan, which aims to enhance the alignment of interests between shareholders and key employees [15][17]. - The plan requires approval from the upcoming extraordinary general meeting [16][21]. Use of Surplus Funds - The company plans to permanently supplement its working capital with the surplus funds from the 2020 convertible bond issuance, which will improve the efficiency of fund utilization [45][52]. - The decision to use surplus funds has been reviewed and approved by the board and its audit committee, ensuring compliance with relevant regulations [53].