Core Viewpoint - The company held its 33rd meeting of the third board of directors on July 15, 2025, where several key resolutions were passed, including the recommendation of two new directors and the application for debt financing tools [1][3][20]. Group 1: Board Resolutions - The board approved the recommendation of Mr. Song Rong and Mr. Xue Zhiwang as directors, pending approval at the upcoming shareholders' meeting [1][3]. - The board also approved the application for the registration and issuance of debt financing tools, which will be submitted for shareholder approval [3][20]. - The board resolved to amend the company's articles of association to comply with the new Company Law, including changes in governance structure [7][16]. Group 2: Shareholder Meeting - A second extraordinary general meeting of shareholders is scheduled for July 31, 2025, to discuss the resolutions passed by the board [31][35]. - The meeting will allow for both on-site and online voting, with specific timeframes for participation [35][36]. - The agenda includes the election of directors and the approval of the amended articles of association, which requires a special resolution [34][37]. Group 3: Director Profiles - Mr. Song Rong, born in 1972, holds a master's degree from the University of Washington and has extensive experience in various leadership roles within the company [13]. - Mr. Xue Zhiwang, born in 1979, also holds a master's degree and has served in multiple capacities within the company and its affiliates [14]. Group 4: Debt Financing Tools - The company plans to apply for the registration of non-financial enterprise debt financing tools, with no set registration limit at this stage [21]. - The funds raised will be used for acquiring road-related assets, supplementing working capital, and repaying interest-bearing debts [23]. - The issuance will be subject to market conditions and will be executed in a manner that optimizes financing efficiency [25][27].
招商局公路网络科技控股股份有限公司第三届董事会第三十三次会议决议公告