Core Viewpoint - The company, Zhongke Hanwuji Technology Co., Ltd., held its 24th meeting of the second Supervisory Board on July 17, 2025, where several key resolutions were passed regarding the use of raised funds and adjustments to the stock issuance plan [1][2]. Group 1: Fund Utilization - The Supervisory Board approved the use of 100 million RMB of raised funds to increase the capital of its wholly-owned subsidiary, Shanghai Hanwuji Information Technology Co., Ltd., to support the implementation of financing projects [1][2]. - The board also agreed to allow the company and its subsidiary to use their own funds to pay for project expenses, which will later be replaced with an equivalent amount from the raised funds [2][3]. Group 2: Stock Issuance Adjustments - The board approved adjustments to the 2025 stock issuance plan, allowing the number of shares issued to be determined by the total amount raised divided by the issuance price, with a cap of 5% of the total share capital prior to the issuance [3][6]. - The maximum number of shares to be issued was adjusted from 20,872,837 shares to 20,917,511 shares due to an increase in total share capital following the completion of a stock incentive plan [3][4]. Group 3: Financial Projections - The total amount to be raised from the stock issuance was revised from a maximum of 4,980 million RMB to 3,985.3273 million RMB, with the net amount after deducting issuance costs intended for various projects [5][6]. - The company confirmed that the other parts of the stock issuance plan remain unchanged despite these adjustments [5][6]. Group 4: Reports and Analysis - The board approved several reports related to the revised stock issuance plan, including feasibility analysis and measures to address the dilution of immediate returns [7][8][9]. - The company also confirmed that the raised funds will be directed towards technology innovation, aligning with its strategic goals [9][10].

Group 1 - The supervisory board of Shida Shenghua New Materials Group Co., Ltd. held its tenth meeting of the eighth session on July 7, 2025, via email and telephone, ensuring compliance with relevant laws and regulations [1] - The meeting was attended by all three supervisory board members, and the chairman, Mr. Gao Jianhong, presided over the meeting [1] - The supervisory board approved the adjustment of the 2022 A-share issuance plan, reducing the total fundraising amount from no more than 1,990 million yuan to no more than 1,000 million yuan, with unanimous support from all members [1]