Core Viewpoint - Jiangsu Panya Micro透 Technology Co., Ltd. has revised its plan for the issuance of shares to specific targets for the year 2025, adjusting the total amount of funds to be raised and ensuring compliance with relevant regulations [1][4][8]. Summary by Sections Issuance Plan Revision - The company has received approval from its board and shareholders for the revised plan to issue shares to specific targets, which will not require further shareholder approval due to prior authorization [1][5][6]. - The total amount of funds to be raised has been adjusted to not exceed 671.4988 million yuan, down from a previous cap of 698.5088 million yuan [8][9]. Board Meeting Details - The 11th meeting of the 4th Board of Directors was held on November 14, 2025, where the adjustment of the fundraising total was approved unanimously by all attending directors [7][11]. - The meeting was conducted in accordance with legal and regulatory requirements, ensuring the validity of the resolutions passed [7][11]. Fund Utilization - The net amount raised after deducting issuance costs will be allocated to specific projects, with the company retaining the flexibility to adjust the investment sequence and amounts based on project progress and funding needs [8][9]. - Prior to the funds being raised, the company may use self-raised funds for investment in projects, which will be replaced by the raised funds once available [9][10]. Compliance and Regulatory Approval - The issuance plan is subject to approval by the Shanghai Stock Exchange and registration by the China Securities Regulatory Commission, emphasizing the need for compliance with regulatory standards [2][6].
江苏泛亚微透科技股份有限公司 关于2025年度向特定对象发行股票预案修订说明的公告