Group 1 - The company held its 12th meeting of the second Supervisory Board on July 22, 2025, with all three supervisors present, confirming the legality and validity of the meeting procedures [1][2] - The Supervisory Board approved the proposal to terminate the issuance of shares and cash payment for asset acquisition and capital increase, which involved a cash payment of approximately RMB 101.98 million to acquire 51% equity in Henan Zhongsheng Composite Materials Co., Ltd. [1][2] - Following the completion of the transaction, the company would have a 60% stake in Henan Zhongsheng [1] Group 2 - The company decided to terminate the transaction due to changes in market conditions and the operational status of the target company, which did not meet the financial internal control standards required by the listed company [2] - The decision was made after friendly negotiations and thorough research, emphasizing the company's commitment to safeguarding the long-term interests of all shareholders [2] - The voting result for the termination was unanimous, with all three votes in favor and no opposition or abstentions [2]
北方长龙: 第二届监事会第十二次会议决议公告