001359SZSE

Announcement of Resolutions from the Seventh Meeting of the Third Supervisory Board

✨ AI Summary

The announcement details the resolutions made during the seventh meeting of the third supervisory board of Hubei Ping An Electric Technology Co., Ltd. The board approved the establishment of a wholly-owned subsidiary as the implementation entity for certain fundraising projects and the opening of a dedicated fundraising account. The decision aims to enhance the efficiency of fund usage and ensure project progress without harming the interests of the company or its shareholders.

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Full Translation

AI Translation· azure_openai

I. Meeting Information

The notice for the seventh meeting of the third supervisory board of Hubei Ping An Electric Technology Co., Ltd. (hereinafter referred to as "the Company") was delivered to all supervisors through written and electronic communication on July 18, 2025. The meeting was held on July 23, 2025 (Wednesday) in the company meeting room, combining in-person and remote attendance. Three supervisors were required to attend, and three supervisors actually participated. The meeting was chaired by Mr. Pan Yanliang, the chairman of the supervisory board. The convening, holding, and voting procedures of this meeting comply with the relevant provisions of the Company Law of the People's Republic of China, other laws and regulations, Shenzhen Stock Exchange business rules, and the Company's Articles of Association, making the meeting legal and effective.

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