002432SZSE

Announcement on Resolutions of the Second Meeting of the Seventh Board of Directors

Andon Health Co., Ltd.·

✨ AI Summary

The company's board of directors approved the use of idle raised funds for cash management, not exceeding RMB 70 million, and authorized the chairman to make investment decisions. They also approved applying for a comprehensive credit line of up to RMB 15 billion from banks and financial institutions to meet liquidity needs. Both resolutions passed unanimously.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_documentSign In to Upgrade

Stock Code: 002432 Stock Abbreviation: Jiuan Medical Announcement No.: 2026-009

Tianjin Jiuan Medical Electronic Co., Ltd. Announcement on Resolutions of the Second Meeting of the Seventh Board of Directors

The Company and all members of the Board of Directors guarantee the information disclosure is true, accurate, and complete, and there are no false records, misleading statements, or major omissions.

Tianjin Jiuan Medical Electronic Co., Ltd. (hereinafter referred to as the "Company" or "this Company") issued a notice by way of communication on April 17, 2026, to convene the Second Meeting of the Seventh Board of Directors. The meeting was held on April 20, 2026, in the Company's conference room through on-site voting. The meeting was presided over by Mr. Liu Yi, Chairman of the Company. Six directors were supposed to attend, and six directors actually attended. Senior management personnel of the Company were present at the meeting, which complied with the "Company Law" and the "Articles of Association." The meeting passed the following proposal by voting:

I. With a voting result of 6 votes in favor, 0 votes against, and 0 abstentions, the proposal "Proposal on the Company's Use of Part of Idle Raised Funds for Cash Management" was deliberated and approved.

Due to the project cycle of the construction and development of the raised fund investment projects, and according to the implementation plan and progress of the projects, some of the raised funds may be temporarily idle. To improve the efficiency of fund utilization, while ensuring that the construction of the raised fund investment projects and the use of raised funds are not affected, and effectively controlling risks, the Company plans to use part of the temporarily idle raised funds for cash management, in order to better achieve the preservation and appreciation of the Company's cash and protect the interests of the Company's shareholders.

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.