Shanghai Meinong Biotechnology Co., Ltd. (hereinafter referred to as "the Company") held the 17th meeting of the 5th Board of Directors on April 26, 2026, where it reviewed and approved the proposal on the completion of fundraising investment projects and the permanent allocation of surplus funds to working capital. The Board agreed to conclude the fundraising project "Annual Production of 100,000 Tons of Corn Protein Refining Project" and to permanently allocate the unused funds reserved for paying part of the final payment of the "New Feed-Related Products Production Project" to the Company's daily production and operation activities. After the fund transfer is completed, the Company will proceed with the cancellation of the relevant fundraising special accounts. The Company has recently completed the cancellation procedures for some fundraising special accounts, and the relevant matters are announced as follows:
301156SZSE
Announcement on the Cancellation of Certain Fundraising Special Accounts
✨ AI Summary
The company has decided to cancel certain fundraising special accounts following the completion of its fundraising project. The board approved the use of surplus funds for daily operations. The cancellation of accounts was completed recently, and relevant parties have been notified.
Summary generated by AI · Always verify with source document
Full Translation
AI Translation· azure_openai
Sign in to read the full translation
Free accounts get 10 full releases per month. Pro subscribers get unlimited access.