Core Viewpoint - The company has approved a plan to issue shares to specific investors through a simplified procedure, with a total fundraising amount not exceeding RMB 300 million, which is capped at 20% of the company's net assets as of the end of the previous year [1][2][6]. Meeting Details - The fifth meeting of the supervisory board was held on August 19, 2025, with all three supervisors present, meeting legal and regulatory requirements [1][2]. Approval of Issuance - The supervisory board unanimously approved the proposal for the company to issue shares through a simplified procedure, confirming compliance with relevant laws and regulations [2][3]. - The issuance will involve domestic listed ordinary shares (A shares) with a par value of RMB 1.00 per share [2]. Issuance Details - The issuance will target no more than 35 specific investors, including qualified institutional investors and other eligible entities [3][4]. - The pricing for the shares will be based on the average trading price over the 20 trading days prior to the pricing date, with adjustments for any dividends or stock splits [4][5]. Fundraising and Use of Proceeds - The total amount to be raised is capped at RMB 12.938 million, which will be used for specific projects, with the total investment for these projects amounting to RMB 16.37668 million [6]. - The company may initially invest its own funds in these projects before the proceeds from the share issuance are available [6]. Lock-up Period - Shares issued through this process will be subject to a six-month lock-up period post-issuance, with specific conditions for any derived shares from stock dividends or capital increases [5][6]. Future Plans - The supervisory board has also approved a three-year dividend return plan for shareholders from 2025 to 2027, which will be submitted for shareholder approval [10]. - A proposal to revise the management system for the use of raised funds has also been approved, pending shareholder review [10].

Meeting Overview - The third supervisory board meeting of Zhejiang Bofei Electric Co., Ltd. was held on August 8, 2025, with all three supervisors present [1] - The meeting was chaired by Mr. Ling Bin, and the proceedings complied with relevant laws and regulations [1] Financial Reporting - The supervisory board approved the 2025 semi-annual report and its summary, confirming that the report accurately reflects the company's financial status and operational results without any false statements or omissions [1][2] Fund Management - The board approved the special report on the storage and use of raised funds, affirming that the company disclosed the situation in a timely and accurate manner, with no significant discrepancies [2] - The company has stored and used the raised funds in dedicated accounts, ensuring no misuse or alteration of fund purposes [2] Stock Issuance Plan - The company plans to issue stocks to no more than 35 specific investors through a simplified procedure, with the total amount not exceeding 146 million yuan [4][5] - The net amount raised will be fully invested in specific projects, with a total investment of 263.1 million yuan [4][5] - Prior to the funds being raised, the company will use self-raised funds for project implementation and will replace them with raised funds once available [4][5] Adjustments to Issuance Plan - The company revised its stock issuance plan to include various types of qualified investors, ensuring compliance with relevant regulations [4][5] - The board approved the revised feasibility analysis report for the use of raised funds, ensuring alignment with legal requirements [7][8] Return on Investment Measures - The company conducted an analysis of the impact of stock issuance on immediate returns and established measures to mitigate any dilution of returns for existing shareholders [9] - The board approved the commitment from relevant parties to ensure the implementation of these measures [9] Previous Fund Usage Report - The board approved the report on the usage of previously raised funds, which was verified by an accounting firm [10][11] - This report will also be submitted for shareholder meeting approval [11] Authorization for Issuance Process - The board authorized the chairman to adjust the issuance price if the number of shares issued does not meet 70% of the proposed amount, ensuring flexibility in the issuance process [11]

Core Viewpoint - Chengdu Zhimingda Electronics Co., Ltd. has convened the sixth special meeting of the third board of directors to approve the proposal for a simplified procedure for issuing shares to specific investors, confirming compliance with relevant laws and regulations [1][2][8]. Summary by Sections Meeting Overview - The meeting was held on June 30, 2025, with all three independent directors present, and the procedures followed legal requirements [1]. Approval of Stock Issuance - The independent directors approved the proposal confirming the company's eligibility to issue shares through a simplified procedure to specific investors [2][8]. - The stock to be issued is ordinary shares (A-shares) with a par value of RMB [2]. Issuance Details - The issuance will occur within ten working days after the China Securities Regulatory Commission (CSRC) registration decision [2]. - The target investors include up to 35 specific institutional and individual investors, including qualified foreign institutional investors [2][3]. Pricing and Quantity - The pricing will be based on the average trading price over the 20 trading days prior to the pricing date, with a minimum price set at 80% of this average [3][4]. - The total number of shares issued will not exceed 30% of the company's total shares before the issuance, with a fundraising cap of RMB 300 million [5][6]. Fundraising Purpose - The total amount to be raised is RMB 21,340,000, which will be used for projects including embedded computer research and development for unmanned equipment and commercial aerospace [6][7]. Lock-up Period - Shares acquired by investors will have a lock-up period of six months post-issuance, in compliance with regulatory requirements [5][6]. Future Plans and Reports - The company has prepared various reports, including feasibility studies and analyses related to the stock issuance, confirming alignment with legal and regulatory standards [9][10][11]. - A three-year dividend return plan for shareholders from 2025 to 2027 has also been established to enhance transparency and investor returns [12][13]. Previous Fund Usage - The company has reported on the usage of previously raised funds, ensuring compliance with relevant regulations [14].

Group 1 - The company announced the completion of the "Precision Forging Production Line Technical Transformation and Machining Supporting Construction Project" and the allocation of surplus raised funds amounting to 30.2447 million yuan to supplement working capital [1][5][7] - The total amount raised from the initial public offering was 792.6534 million yuan, with a net amount of 672.1181 million yuan after deducting various issuance costs [1][4] - The surplus funds represent less than 10% of the corresponding project's net raised funds, thus not requiring shareholder approval [1][5] Group 2 - The company has established a dedicated management system for the raised funds, ensuring their proper storage, approval, usage, and supervision [3][4] - As of March 31, 2025, the company reported that the surplus funds were generated through effective cost control and optimization during the project implementation [5][6] - The company plans to use the surplus funds for business-related activities, with any outstanding payments to be settled using its own funds after the transfer of surplus funds [7][8] Group 3 - The board of directors and the supervisory board both approved the decision to conclude the project and allocate surplus funds, emphasizing the benefits for the company's operational efficiency and shareholder interests [8][10] - The sponsor institution, Guotou Securities, confirmed that the project completion and fund allocation comply with relevant regulations and do not harm shareholder interests [11]

Core Viewpoint - The company has announced its first quarter report for 2025, ensuring the accuracy and completeness of the financial information presented, and has proposed several resolutions regarding financial activities and related transactions [7][10][37]. Financial Data Summary - The first quarter financial report for 2025 has not been audited, and the company has implemented a capital reserve conversion plan on May 2024, affecting the calculation of earnings per share [3][6]. - The report indicates that there were no significant profits or losses from mergers under common control during the reporting period [6]. Shareholder Information - The company has confirmed that there are no changes in the number of shareholders or significant shareholders participating in the securities lending business [5]. - The board of directors and supervisory board have ensured that the quarterly report reflects the company's actual situation without any misleading statements [2][17]. Related Party Transactions - The company has approved an increase in the expected amount for daily related party transactions for 2025, which is necessary for normal production and operations, ensuring that these transactions do not harm the interests of the company or minority shareholders [10][20][26]. - The related party transactions will be conducted at market prices and are based on fair and voluntary principles [10][20]. Stock Issuance Proposal - The company has proposed to authorize the board to decide on a simplified procedure for issuing stocks to specific investors, with a total financing amount not exceeding RMB 300 million, which is capped at 20% of the net assets as of the end of the previous year [14][37][48]. - The proposed stock issuance will be subject to approval at the upcoming annual general meeting [37][48].