On December 24, Gelonghui reported that Better Life (688793.SH) held the 9th meeting of the 6th Board of Directors and the 6th meeting of the 6th Supervisory Committee on December 23, 2024. They reviewed and approved the proposal regarding the completion of certain fundraising projects and the retention of surplus raised funds in a dedicated account for raised funds and permanent replenishment of working capital. The company agreed to complete the "Information Technology Upgrade Project" and the "Marketing Network Construction Project," retaining surplus raised funds for the dedicated capital account and permanently supplementing working capital.
"Information Technology Upgrade Project" has completed construction and reached the expected usable status, allowing for project completion. As of the date of this report, the total surplus raised funds for this project amount to 25.3464 million yuan. The "Marketing Network Construction Project" has basically completed construction and reached the expected usable status, allowing for project completion. As of the date of this report, the total surplus raised funds for this project amount to 17.0444 million yuan.