300792SZSE

Announcement on Proposing Shareholders' Meeting to Authorize the Board for Small-Scale Rapid Financing Matters

✨ AI Summary

The company seeks shareholder approval to authorize the board to conduct small-scale rapid financing of up to RMB 300 million, not exceeding 20% of net assets. The authorization will last from the approval date until the next annual shareholders' meeting in 2026. The financing will involve issuing A-shares to specific investors, with strict conditions on pricing and transfer restrictions.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Securities Code: 300792
Securities Abbreviation: Yiwang Yichuang
Announcement Number: 2026-027

Hangzhou Yiwang Yichuang Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the board guarantee that the information disclosed is true, accurate, and complete, without false records, misleading statements, or significant omissions.

On March 30, 2026, the Company held the 12th meeting of the 4th Board of Directors, which reviewed and approved the proposal on seeking shareholders' meeting authorization for the board to handle small-scale rapid financing matters. This proposal needs to be submitted to the Company's 2025 annual shareholders' meeting for review.

Overview

According to the "Administrative Measures for the Registration of Securities Issuance by Listed Companies," "Rules for the Review of Securities Issuance and Listing by Listed Companies on the Shenzhen Stock Exchange," and other relevant regulations, the board proposes that the shareholders' meeting authorize the board to decide on issuing financing to specific targets not exceeding RMB 300 million and not exceeding 20% of the net assets at the end of the most recent year. The authorization period is from the date of approval by the 2025 annual shareholders' meeting until the date of the 2026 annual shareholders' meeting.

Sign in to read the full translation

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