ZPMC(SH:600320) Zheng Quan Zhi Xing·2025-05-28 10:21Group 1 - The company held its ninth board meeting on May 28, 2025, with all 10 directors present, complying with relevant regulations [1][2] - The board approved the establishment of a wholly-owned subsidiary, Shanghai Zhenhua Heavy Industries Group (Hainan) Co., Ltd., with a registered capital of 500 million RMB [1][2] - The board appointed Mr. Li Yiming as the deputy general manager, effective from the date of the board's approval until the end of the current board's term [1][2][4] Group 2 - The company plans to register 2 billion RMB in short-term financing bonds in the interbank bond market in 2025, with a maximum issuance of 500 million RMB [2] - The bonds will have a maturity of no more than 270 days, and the raised funds will be used to repay debts and supplement working capital [2]