300511SZSE
🚨 Material Event

Announcement on Resolutions of the Eighth Meeting of the Sixth Board of Directors of Shanghai Xuerong Biological Technology Co., Ltd.

✨ AI Summary

Shanghai Xuerong Biological Technology Co., Ltd. held its eighth board meeting, approving a credit line of RMB 100 million from China Merchants Bank and a proposal regarding the company's accumulated losses exceeding one-third of its paid-in capital. The board also approved the use of idle funds for wealth management and the remuneration for directors. A proposal to convene the third extraordinary general meeting of shareholders in 2026 was also passed.

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Full Translation

AI Translation· gemini_document

Securities Code: 300511 Securities Abbreviation: Xuerong Bio Announcement No.: 2026-039

Shanghai Xuerong Biological Technology Co., Ltd. Announcement on Resolutions of the Eighth Meeting of the Sixth Board of Directors

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and have no false records, misleading statements, or major omissions.

I. Convening of the Board Meeting

  1. The meeting was convened by Chairman Jiang Zhi, and the meeting notice was sent via email and other communication methods on June 5, 2026.
  2. The meeting was held on June 10, 2026, in the meeting room of Shanghai Xuerong Biological Technology Co., Ltd. (hereinafter referred to as the "Company"), using a combination of on-site and communication methods for voting.
  3. A total of 7 directors were eligible to attend, and 7 directors actually attended.
  4. The meeting was presided over by Chairman Jiang Zhi, and senior management personnel of the Company were present.
  5. The convening, holding, and voting procedures of this board meeting comply with the provisions of the "Company Law" and other laws, regulations, and the "Articles of Association," and are legal and valid.

II. Deliberation of the Board Meeting

  1. Resolution on the Proposal to Apply for a Comprehensive Credit Line from China Merchants Bank In accordance with the needs of production and operation, the board of directors unanimously agreed to apply to the Shanghai Branch of China Merchants Bank Co., Ltd. for a comprehensive credit line not exceeding RMB 100 million (including RMB 100 million), with credit as the mode of guarantee. This proposal was approved by 7 votes in favor, 0 votes against, and 0 abstentions.

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