Group 1 - The company held its fourth board meeting on November 27, 2025, where several key resolutions were passed [1][4][6] - The board approved the use of up to RMB 100 million of idle funds for cash management over a period of 12 months [1][4] - The company plans to engage in daily related transactions with affiliated parties, with an estimated total amount of RMB 130.3 million for 2026 [4][19] - The board agreed to terminate the "New Energy and Home Appliance Industry Recyclable Packaging Production Base Project" and use the remaining funds of RMB 84.5746 million for permanent working capital [6][44][51] Group 2 - The company revised several management systems to enhance operational governance in accordance with the latest regulations [8][10][12] - A second extraordinary shareholders' meeting is scheduled for December 16, 2025, to discuss the approved resolutions [13][28] - The company has established a clear process for the upcoming shareholders' meeting, including registration and voting procedures [29][30][39] Group 3 - The company’s decision to terminate the investment project is attributed to changes in the macroeconomic environment and market demand, aiming to optimize resource allocation [49][57] - The remaining funds will support the company's daily operations and enhance cash flow efficiency [51][52] - The independent directors and audit committee have reviewed and approved the resolutions, ensuring compliance with relevant regulations [26][55][57]
宁波喜悦智行科技股份有限公司第四届董事会第四次会议决议公告