KFMI(SZ:300666) Xin Lang Cai Jing·2025-11-21 10:57Core Points - Ningbo Jiangfeng Electronic Materials Co., Ltd. held its 28th meeting of the 4th Board of Directors on November 21, 2025, where it approved the proposal for the postponement of fundraising investment projects and adjustments to internal investment structure [1][2] - The meeting was attended by all 9 directors, with 3 present in person and the rest participating via communication [1] - The company plans to adjust the expected usable status dates for three fundraising projects related to semiconductor materials [1][2] Project Adjustments - The projects affected include: - "Annual production of 52,000 ultra-high purity metal sputtering targets for integrated circuits" - "Annual production of 18,000 ultra-high purity metal sputtering target production line renovation project" - "Ningbo Jiangfeng Electronic Semiconductor Materials R&D Center construction project" [1][2] - The adjustments aim to ensure proper implementation of the projects and improve the efficiency of fundraising [2] Compliance and Approval - The adjustments are in line with the company's overall planning and comply with regulations from the China Securities Regulatory Commission and Shenzhen Stock Exchange regarding the use of raised funds [2] - The proposal received unanimous approval from all board members, with 9 votes in favor and no opposition or abstentions [2]