ZHONGLI GROUP(SZ:002309) Zheng Quan Zhi Xing·2025-07-06 08:11Meeting Overview - The seventh board meeting of Jiangsu Zhongli Group Co., Ltd. was held on July 4, 2025, via communication, chaired by Chairman Xu Jiagana, in compliance with the Company Law and Articles of Association [1] Resolutions Passed - The board approved the proposal to apply for the removal of other risk warnings on stock trading, with the application to be submitted to the Shenzhen Stock Exchange on July 7, 2025 [1] - The company has rectified the issues related to the administrative penalty and has made necessary adjustments to financial statements from 2013 to 2021, as disclosed in the announcement on April 22, 2025 [2] - Non-operating fund occupation by the former controlling shareholder has been resolved through agreements with creditors, totaling 112.48 million yuan [2] - The company has addressed issues related to illegal guarantees through a restructuring investment agreement, with compensation from industry investors [3] Compliance and Audit - The company received a standard unqualified audit report for the 2024 fiscal year, confirming compliance with relevant regulations [3] - The company meets the conditions for applying to revoke other risk warnings, having rectified the issues and waited the required twelve months since the administrative penalty decision [3] Financial Provisions - The company has adequately provisioned for potential liabilities related to securities false statements, estimating around 16.5 million yuan based on third-party assessments [4] Charitable Contributions - The board approved a donation of 300,000 yuan to the China Workers Development Foundation to support the training of high-quality talents in the wire and cable industry [4] Future Actions - The application for the removal of other risk warnings is subject to review by the Shenzhen Stock Exchange, and the company will disclose updates as necessary [4]