Group 1 - The company held its 19th meeting of the 4th Supervisory Board on August 15, 2025, where all resolutions were passed with unanimous support from the three attending supervisors [1][2] - The Supervisory Board approved the 2025 semi-annual report and its summary, confirming that the report complies with legal and regulatory requirements and accurately reflects the company's operational and financial status [1][2] - The company also approved a special report on the storage and actual use of raised funds for the first half of 2025, with all votes in favor [2] Group 2 - The Supervisory Board approved an increase in the daily related transaction limit for 2025, involving the wholly-owned subsidiary BeNeng International and the associated company Taiwan Ling Sheng, stating that the decision process was legal and the transaction amount is relatively small [2] - The pricing of the transactions was deemed fair and reasonable, with no negative impact on the company's independence, operational results, or financial status [2]

Core Viewpoint - The company announced that it is not required to prepare a report on the use of previously raised funds due to the elapsed time since the last fundraising activities [2][3]. Group 1: Company Actions - The company held its eighth temporary board meeting and fourth temporary supervisory meeting on August 17, 2025, where it approved the plan to issue convertible bonds to unspecified objects [2]. - The company has not raised funds through methods such as rights issues, private placements, or convertible bond issuances in the last five accounting years [2]. Group 2: Regulatory Compliance - According to the China Securities Regulatory Commission's guidelines, a report on the use of previously raised funds is only necessary if the funds were raised within the last five accounting years [2]. - Since the company’s last fundraising occurred over five accounting years ago, it is exempt from preparing a report on the use of previous funds and does not need to hire an accounting firm for verification [2].

Group 1 - The board of directors of Ningbo Jifeng Automotive Parts Co., Ltd. held its 19th meeting of the 5th session, with all 9 directors present, including 3 via video conference [1] - The meeting approved the proposal regarding the company's 2025 semi-annual report, which was reviewed by the audit committee prior to the board's approval [1][2] - The board also approved the special report on the storage and actual use of raised funds for the first half of 2025, with all votes in favor [2]

Group 1 - The board of directors of Jiangsu Farsen Co., Ltd. held a meeting to discuss and approve several key matters, including the revision of the 2025 stock issuance plan due to a transfer of shares among controlling shareholders [1][2] - The independent directors held a special meeting to review and approve the revised stock issuance plan and the report on the use of previously raised funds, with all votes in favor [2][4] - The company engaged Zhongxinghua Accounting Firm to audit its internal control and issue relevant reports, which were also approved by the audit committee with unanimous support [3][4] Group 2 - The company provided detailed explanations regarding the use of previously raised funds, which were verified by Zhongxinghua Accounting Firm, and the report was approved by the independent directors [4][5] - The audit reports for the years 2022 to 2024 were issued by Zhongxinghua Accounting Firm, receiving unanimous approval from the audit committee [3][5] - The company also prepared a report on non-recurring gains and losses for the recent three years, which was reviewed and approved by the audit committee [5]

Core Points - The company announced that it is not required to prepare a report on the use of previously raised funds due to the elapsed time since the last fundraising [1][2] - The last fundraising occurred in February 2007, and the funds have been in place for over five accounting years, exempting the company from the reporting requirement [2] - The company has not engaged in any fundraising activities through public offerings, private placements, or other means in the last five accounting years [2] Summary by Sections - **Announcement Details** - The company held its 12th meeting of the 9th Board of Directors on August 7, 2025, where it approved the resolution regarding the exemption from preparing the previous fundraising usage report [1] - The announcement assures that the content is truthful and complete, with legal responsibility for its accuracy [1] - **Regulatory Context** - According to the China Securities Regulatory Commission, companies must prepare a report on the use of previously raised funds if the funds were raised within the last five accounting years [1] - The company is exempt from this requirement as the last funds were raised over five years ago [2] - **Fundraising History** - The company raised a total of 1,076.42 million yuan (approximately 107.64 million shares) in its last fundraising, with a net amount of approximately 1,040.18 million yuan after deducting issuance costs [2] - There have been no fundraising activities in the last five accounting years, allowing the company to proceed with a simplified procedure for issuing shares to specific targets without the need for a report [2]

Meeting Details - The third meeting of the Supervisory Board of Suzhou Shansheng Electronics Co., Ltd. was held on June 19, 2025, with all three supervisors present, confirming compliance with relevant laws and regulations [1] Resolutions Passed - The Supervisory Board approved the "Report on the Use of Previous Fundraising" which reflects the company's fundraising usage as of December 31, 2024, in accordance with the regulations of the China Securities Regulatory Commission and the Shanghai Stock Exchange [1][2] - The resolution regarding the cancellation of the Supervisory Board and the transfer of its powers to the Audit Committee of the Board was also approved, along with the repeal of the "Rules of Procedure for the Supervisory Board" and amendments to the company's articles of association [2][3]