MTC(SZ:002429) Shang Hai Zheng Quan Bao·2025-06-02 19:03Group 1 - The company held its 20th meeting of the 6th Board of Directors on May 29, 2025, where all 9 attending directors approved the proposal regarding the progress of asset disposal and related transactions [2][3][4] - The Board agreed to extend the payment deadline for receivables from Nanchang Zhaochi Investment Partnership to December 31, 2027, with interest waived for payments made within the agreed period [3][14][38] - The proposal aims to adjust transaction conditions to help the company resolve bad assets while ensuring the interests of the listed company and minority shareholders are not harmed [3][38][41] Group 2 - The company plans to hold the 2025 First Extraordinary General Meeting on June 16, 2025, to discuss the approved proposals [5][45][46] - The meeting will be conducted both in-person and via online voting, allowing shareholders to participate remotely [48][49][52] - The company has ensured compliance with relevant laws and regulations for the meeting's organization [47][48][51] Group 3 - The company has a total receivable amount of RMB 2,367,522,519.67 from Nanchang Zhaochi, with a portion already repaid [21][28][40] - The agreement includes provisions for repayment sources, including dividends from shares held by Nanchang Zhaochi and its principal, Gu Wei [22][31][40] - The company has secured its interests by requiring Nanchang Zhaochi to pledge 758,017,600 shares as collateral for the repayment [23][40][41] Group 4 - The independent directors have reviewed and approved the proposal, emphasizing the need to protect the interests of all shareholders, especially minority ones [41][42] - The adjustments made in the transaction conditions reflect a market-oriented approach and are based on a reasonable and objective transaction background [38][41][42] - The company will continue to monitor the implementation of the repayment plan and ensure timely disclosures [42]