301583SZSE
🚨 Material Event

Resolutions of the Board of Directors Regarding the Offering and Listing

Torrance Co., Ltd.··17 pages

✨ AI Summary

The Board of Directors of Torrance Precision Manufacturing (Jiangsu) Co., Ltd. held its tenth meeting to review and approve resolutions concerning the company's initial public offering and listing. Key decisions included approving the offering plan, the use of proceeds, profit distribution, dividend plans, share stabilization, and related commitments. The resolutions pave the way for the company's public listing.

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Full Translation

AI Translation· gemini_document

Torrance Precision Manufacturing (Jiangsu) Co., Ltd.

First Board of Directors Tenth Meeting Resolutions

The First Board of Directors Tenth Meeting of Torrance Precision Manufacturing (Jiangsu) Co., Ltd. (hereinafter referred to as the "Company") was held on May 28, 2025, at the Company's meeting room through a combination of on-site and electronic communication methods. A total of 7 directors were entitled to attend, and 7 directors were present, representing 100% of the total number of directors. The meeting was presided over by Qian Ke. The convocation and convening procedures of this meeting comply with the relevant provisions of laws, administrative regulations, normative documents such as the "Company Law of the People's Republic of China," and the "Articles of Association of Torrance Precision Manufacturing (Jiangsu) Co., Ltd."

Resolutions:

The directors attending the First Board of Directors Tenth Meeting deliberated and passed the following resolutions by vote:

(1) Approved the "Proposal on the Plan for Torrance Precision Manufacturing (Jiangsu) Co., Ltd. to Apply for Initial Public Offering and Listing on the ChiNext Market."

(2) Approved the "Proposal on the Feasibility of the Use of Proceeds from the Initial Public Offering of Torrance Precision Manufacturing (Jiangsu) Co., Ltd."

(3) Approved the "Proposal on the Allocation of Accumulated Profits Before the Initial Public Offering of Torrance Precision Manufacturing (Jiangsu) Co., Ltd."

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