SPM(SH:600459) Shang Hai Zheng Quan Bao·2025-06-11 21:14Group 1 - The company held its 14th meeting of the 8th Board of Directors on June 11, 2025, where all 8 participating directors voted unanimously on several proposals [1][3][4] - The company approved a donation of 1.56 million yuan to Shangjiang Township in Xianggelila City for various support initiatives [2][3] - The company plans to invest in the construction of a precious metal industrial catalyst project with a total investment of 383.91 million yuan [11][13][15] Group 2 - The company intends to acquire a 25% stake in Guoyan Industrial Catalyst (Yunnan) Co., Ltd. from Lanzhou Xinlian Environmental Technology Co., Ltd., valued at approximately 19.59 million yuan [3][4][9] - The financial audit committee and strategic investment development committee reviewed the proposals before the board meeting, ensuring compliance and protection of minority shareholders' rights [5][6] - The investment in the catalyst project aligns with the company's strategic goals for high-quality development in the precious metals industry [16][17] Group 3 - The company provided a guarantee for its wholly-owned subsidiary, Sino-Platinum Metals (Singapore) Pte. Ltd., with a maximum credit limit of 100 million yuan and 6 million USD [22][24] - The total assets of the Singapore subsidiary were reported at approximately 41.44 million USD, with a net asset of about 22.27 million USD as of December 31, 2024 [26] - The guarantee is deemed necessary and reasonable to support the subsidiary's hedging business and working capital needs [31][32]