Bestechnic (Shanghai) (SH:688608) Shang Hai Zheng Quan Bao·2025-12-04 20:16Group 1 - The board of directors of Hengxuan Technology (Shanghai) Co., Ltd. held its second meeting of the third session on December 4, 2025, with all six directors present [2][4] - The meeting approved the proposal regarding the investment by related parties and the wholly-owned subsidiary, which constitutes a related transaction [3][5] - The proposal to amend the "Employee Housing Loan Management Measures" was also approved, aimed at improving corporate governance [6][7] Group 2 - The related transaction involves the investment in Shanghai Quqing Ruxu Venture Capital Partnership (Limited Partnership), with a total investment amount of 50 million RMB by the subsidiary [10][13] - The actual controllers of the company, including Ms. Tang Xiaodong and Ms. Ni Chunsheng, will contribute additional funds of 5 million RMB and 7 million RMB respectively [10][11] - This transaction does not constitute a major asset restructuring and has been approved by the board without the need for shareholder meeting approval [17][31] Group 3 - The investment structure of Quqing Ruxu will be adjusted, with the company’s subsidiary holding a total of 50 million RMB, representing 28.4091% of the total contributions [22][29] - The investment will focus on innovative and high-growth enterprises, particularly in technology and advanced manufacturing sectors [24][29] - The exit mechanisms for the investment include market transfer of shares and direct sale of equity or assets [27][28]