Group 1 - The company held its eighth meeting of the third board of directors on February 5, 2026, with all seven directors present, and the meeting was deemed legal and effective [2][3][4] - The board approved the report on the use of previously raised funds as of September 30, 2025, which was prepared in accordance with relevant regulations and verified by an accounting firm [3][4][8] - The actual amount of funds raised was RMB 67,211.81 million after deducting issuance costs, with the funds received in May 2023 [8][9] Group 2 - The company has established a management system for the raised funds to ensure their proper use, and a tripartite supervision agreement was signed with banks and the sponsor [9][10] - As of September 30, 2025, the company had a remaining balance of RMB 7,416.86 million of the raised funds, accounting for 11.04% of the net amount raised [19][20] - The company has used part of the idle raised funds for cash management and temporarily supplemented working capital, with specific amounts and approvals documented [14][15][16][17] Group 3 - The company reported that the investment projects funded by the raised funds have not experienced significant changes, and the actual investment amounts are consistent with the commitments made [12][13][25] - The precision forging production line project and the high-performance forging line project have generated expected benefits, with specific profit commitments outlined [31][32] - The company has not encountered any situations where the cumulative realized benefits from the investment projects fell below 20% of the promised benefits [26][28]
芜湖三联锻造股份有限公司 第三届董事会第八次会议决议公告