ZOWEE(SZ:002369) Shang Hai Zheng Quan Bao·2026-01-16 19:47Group 1 - The company held its second meeting of the seventh board of directors on January 16, 2026, with all seven directors present, and the meeting was conducted in accordance with legal and regulatory requirements [2][3]. - The board approved a proposal to adjust the company's organizational structure to enhance operational efficiency and management levels, authorizing the management to implement the changes [3][8]. - The board also approved a proposal to engage in accounts receivable factoring for 2026, with a total financing amount not exceeding RMB 230 million, aimed at improving cash flow and optimizing the asset-liability structure [4][10]. Group 2 - The accounts receivable factoring will involve collaboration with qualified domestic and international banks and factoring companies, with the financing period set for one year from the board's approval [10][12]. - The factoring will include both recourse and non-recourse options, with specific terms to be defined in individual contracts [14][15]. - The initiative is expected to shorten the collection period for accounts receivable, enhance cash turnover efficiency, and positively impact the company's daily operations without harming shareholder interests [18][19].