Baosteel(SH:600019) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-07-23 23:21Group 1 - The board of directors of Baosteel Co., Ltd. held its 55th meeting of the 8th session on July 22, 2025, to discuss various resolutions [4][5][6] - The meeting was legally convened and all resolutions passed were valid [2][8] - The board unanimously approved the proposal for the election of the 9th board of directors, which will consist of 11 members, including 1 employee representative and 10 non-employee representatives [7][8] Group 2 - The board approved the cancellation of the supervisory board, transferring its responsibilities to the audit and internal control compliance management committee [9][10] - A comprehensive revision of the company's articles of association was approved to align with the new Company Law and improve corporate governance [11][12] - The board also approved the convening of the 2025 third extraordinary general meeting of shareholders on August 8, 2025 [12][31] Group 3 - The board approved a donation project by Baosteel Zhanjiang Steel Co., Ltd. amounting to 5 million yuan for rural revitalization efforts [14] - Additionally, a targeted donation project of 4.5 million yuan for community improvement and school facility repairs was also approved [15] Group 4 - The independent director candidates for the 9th board include professionals with extensive experience in finance, law, and corporate governance [17][23][25] - The company will submit the independent director candidates' qualifications to the Shanghai Stock Exchange for review [34]