Zheng Quan Ri Bao·2025-12-04 04:42Group 1 - The company held its sixth temporary board meeting for 2025 on December 3, 2025, where several proposals were approved, including the cancellation of a fundraising project and adjustments to the use of raised funds [1][2][46] - The company agreed to cancel the "New Generation Intelligent Heavy Truck" fundraising project and permanently allocate the remaining funds of 375.15 million yuan to supplement the working capital of the subsidiary, Shanghai Hongyan [1][46] - The company will use 77.18 million yuan from the surplus of 167.24 million yuan from completed fundraising projects for the "20VK Power Station Product Development Project" and allocate the remaining 90.06 million yuan to permanently supplement its working capital [1][46][56] Group 2 - The proposals regarding daily related transactions with Shanghai Automotive Group Co., Ltd. and Chongqing Mechanical and Electrical Holdings Group Co., Ltd. for the first half of 2026 were approved and will be submitted to the shareholders' meeting for review [4][6][31] - The company confirmed that these daily related transactions are within the normal business scope and will not adversely affect the company's independence or the interests of shareholders [32][45] - The company has established a framework for daily related transactions with its major shareholders, ensuring that these transactions are conducted fairly and transparently [34][44] Group 3 - The company will hold its second temporary shareholders' meeting for 2025 on December 19, 2025, using a combination of on-site and online voting methods [11][12] - Shareholders must register to attend the meeting, and the registration process is outlined in the announcement [25][26] - The meeting will address the proposals that have been previously disclosed and approved by the board [15][16]