Group 1 - The board of directors of Zhejiang Wehua New Materials Co., Ltd. held its 22nd meeting of the 4th session on May 26, 2025, with all 7 directors present, ensuring compliance with relevant laws and regulations [1][2]. - The board approved a proposal for a joint investment with related party Mr. Wu Jiangwei in Lansheng Biotechnology Group Co., Ltd., aiming to enhance the company's future profitability [1][2]. - The transaction price for the investment in Lansheng Biotechnology was determined based on the company's profitability and net asset scale, ensuring fairness and reasonableness in the pricing [1]. Group 2 - The voting results for the proposal showed 5 votes in favor, 0 against, 0 abstentions, and 2 abstentions from related directors Wu Jiangwei and Wu Shunhua [2]. - The proposal was reviewed and approved by the independent directors before being submitted to the board for consideration [2]. - Additional details regarding the investment and related transactions were disclosed on the Shanghai Stock Exchange website [2].
巍华新材: 第四届董事会第二十二次会议决议公告