深圳市宇顺电子股份有限公司第六届董事会第三十二次会议决议公告

Core Viewpoint - Shenzhen Yushun Electronics Co., Ltd. is seeking to increase its borrowing limit from its controlling shareholder, Shanghai Fengwang Industrial Co., Ltd., from RMB 250 million to RMB 310 million to meet its funding needs and improve financing efficiency [2][13][21]. Group 1: Board Meeting Resolutions - The board of directors held an emergency meeting on December 9, 2025, where all seven directors attended, and the resolution to increase the borrowing limit was passed with 4 votes in favor [1][4]. - The board agreed to submit the proposal for increasing the borrowing limit to the upcoming fourth extraordinary general meeting of shareholders for approval [4][10]. Group 2: Borrowing Details - The proposed borrowing limit increase will not change the borrowing terms, including the interest rate, which will remain aligned with the People's Bank of China's benchmark lending rate [2][21]. - The company will not need to provide any collateral, pledge, or guarantee for this borrowing [2][22]. Group 3: Shareholder Meeting - The fourth extraordinary general meeting of shareholders is scheduled for December 25, 2025, at 14:30, to discuss the proposed borrowing limit increase [4][29]. - The meeting will be conducted through a combination of on-site voting and online voting, ensuring compliance with relevant laws and regulations [29][35]. Group 4: Independent Directors' Opinion - The independent directors unanimously approved the proposal, stating that it adheres to principles of fairness and does not harm the interests of the company or its shareholders, particularly minority shareholders [26]. Group 5: Financial Background of Controlling Shareholder - Shanghai Fengwang Industrial Co., Ltd., the controlling shareholder, has reported negative net assets and no revenue for the past two years, indicating financial challenges [19]. - The company held assets totaling RMB 77.07 million as of September 30, 2025, with a net asset value of -229.89 million [19]. Group 6: Previous Related Transactions - Since the beginning of the year, the total amount of various related transactions between Shenzhen Yushun and Shanghai Fengwang has reached RMB 179.73 million [25].