GuangDong Rifeng Electric Cable (SZ:002953) Shang Hai Zheng Quan Bao·2025-12-12 20:44Group 1 - The company, Guangdong Rifei Cable Co., Ltd., has been approved to issue 34,690,799 A-shares at a price of 6.63 yuan per share, raising a total of approximately 229.99 million yuan, with a net amount of about 226.27 million yuan after deducting issuance costs [1][50]. - The raised funds will be used to supplement working capital and repay bank loans, as disclosed in the fundraising prospectus [2][51]. - The company has pre-paid issuance-related expenses of 1,024,339.62 yuan using self-raised funds and plans to replace these with the raised funds [2][52]. Group 2 - The company’s board of directors approved the use of raised funds to replace pre-paid issuance expenses, which is deemed necessary to improve fund utilization efficiency and reduce financial costs [3][54]. - The independent directors and the audit committee have reviewed and approved the proposal, confirming it does not harm the interests of shareholders, especially minority shareholders [4][56]. - The company has complied with relevant regulations, ensuring that the replacement of funds does not affect the normal execution of investment plans [6][59]. Group 3 - The company held its sixth board meeting on December 12, 2025, where it elected the board chairman and other members, and appointed senior management [34][63]. - The new board consists of 7 members, including 3 non-independent directors, 3 independent directors, and 1 employee representative director [63][64]. - The company has appointed new senior management, including Li Qiang as the general manager and Feng Yutang as the deputy general manager, with their terms aligned with the board's term [67][68].