上峰水泥: 第十一届董事会第四次会议决议公告

Group 1 - The company held its 11th Board of Directors' fourth meeting on July 23, 2025, where it approved several proposals [1] - The company and its subsidiary, Ningxia Shangfeng Mengsheng Building Materials Co., Ltd., plan to engage in financing leasing business with a maximum financing amount of RMB 100 million to optimize funding structure and meet financial needs [1] - The board's decision on financing leasing does not constitute a related party transaction and falls within the board's authority, thus not requiring shareholder approval [1] Group 2 - The company approved a proposal for its wholly-owned subsidiary, Zhejiang Shangfeng Building Materials Co., Ltd., to transfer its debt and equity interests in the overseas joint venture, Shangfeng ZETH Cement Co., Ltd. [2] - The total debt amount being transferred is RMB 211,234,420.71, with RMB 90 million being transferred to Zhejiang Water Conservancy Group, while ZETH International will transfer its 58% equity stake for approximately RMB 820 [3] - This transaction does not involve related party transactions and does not qualify as a major asset restructuring under relevant regulations [4]