SONGFA(SH:603268) Zheng Quan Zhi Xing·2025-06-20 12:01Core Points - The company held its seventh meeting of the sixth supervisory board on June 20, 2025, with all three supervisors present, confirming compliance with legal and regulatory requirements [1][2]. - The supervisory board approved three key proposals, including the expected daily related transactions for 2025, additional borrowing from a controlling shareholder, and a new guarantee plan for 2025 [1][2]. Group 1: Daily Related Transactions - The supervisory board agreed that the expected daily related transactions for 2025 are normal market procurement and sales activities, adhering to legal and regulatory standards [1]. - The pricing for these transactions is based on equivalent compensation and fair market value, ensuring no harm to the company or minority shareholders [1]. Group 2: Borrowing and Guarantee Plans - The proposal for additional borrowing from a controlling shareholder was unanimously approved, indicating strong support from the supervisory board [2]. - A new guarantee plan for 2025 was also approved, which will be submitted for shareholder meeting review [2].