Core Viewpoint - Titan Technology (688133.SH) plans to apply for the registration and issuance of short-term financing bonds to optimize its debt structure and reduce financial costs while enhancing investment in technological innovation [1] Group 1 - The company held its 18th meeting of the 4th Board of Directors to review the proposal for issuing short-term financing bonds [1] - The proposed issuance scale is up to 100 million yuan (including 100 million yuan) [1] - The initiative aligns with national policies promoting technological innovation and aims to broaden financing channels [1]

Group 1 - The company plans to apply for the registration of short-term financing bonds not exceeding RMB 1 billion in the interbank market [1] - The company successfully issued the second phase of short-term financing bonds for 2025, with a total issuance amount of RMB 400 million and an interest rate of 1.72% [1] - The bonds have a term of 284 days, with the interest start date on July 7, 2025, and the repayment date on April 17, 2026 [1] Group 2 - The company is not classified as a dishonest entity according to checks conducted through the "Credit China" website [2]

Group 1 - The company held its second board meeting on May 9, 2025, where it approved the proposal to register and issue short-term financing bonds and medium-term notes [1][2][5] - The company plans to apply for the registration of up to 1.5 billion yuan (including 1.5 billion yuan) in short-term financing bonds and up to 800 million yuan (including 800 million yuan) in medium-term notes [2][5] - The issuance will be based on market conditions and the company's funding needs, allowing for phased issuance within the registered limits [2][6] Group 2 - The board meeting's resolution received unanimous approval with 9 votes in favor, and the proposal will be submitted to the shareholders' meeting for further approval [4][5] - The funds raised will be used for the company's operational activities, including debt repayment and working capital supplementation [6][8] - The authorization for the issuance will allow the board to make decisions regarding the timing, scale, and specific terms of the bond issuance [9][10] Group 3 - The company’s actual controller, Xu Chen, will continue to hold a significant share of 13.64% after the expiration of the action agreement with Mo Yaowu, maintaining control over 44.13% of the voting rights [35][43] - The expiration of the action agreement does not change the company's actual controller or governance structure, ensuring stability in management and operations [44][48] - The company remains committed to independent operations and will not experience adverse effects on its business or financial status due to this change [48][49]

Group 1 - The company held its 7th meeting of the 2nd Board of Directors on May 9, 2025, with all 9 directors present, ensuring compliance with relevant laws and regulations [1] - The Board approved a proposal to apply for the registration and issuance of short-term financing bonds up to 1.5 billion yuan and medium-term notes up to 800 million yuan to expand financing channels and reduce costs [1][2] - The company will seek authorization from the shareholders' meeting for the Board to manage the issuance process, including determining the specifics of the issuance based on market conditions and funding needs [2][3] Group 2 - The proposal for the issuance of short-term financing bonds and medium-term notes will be submitted to the shareholders' meeting for approval after being reviewed by the Board's Strategic Committee [3] - The Board's decision received unanimous support with 9 votes in favor and no opposition or abstentions [3]