CHONGQING FENGHWA GROUP(SH:600615) Zheng Quan Zhi Xing·2025-07-24 16:33Core Viewpoint - Chongqing Fenghwa Group Co., Ltd. is proposing significant changes including a name change, capital increase, and business scope expansion to better align with its strategic direction and enhance brand value [4][7][9]. Group 1: Meeting Details - The first extraordinary general meeting of shareholders for 2025 is scheduled for July 31, 2025, at 14:30, with both on-site and online voting options available [3]. - The meeting will include an agenda for shareholder questions, voting on proposals, and the announcement of voting results [3][4]. Group 2: Proposed Changes - The company plans to change its name from "Chongqing Fenghwa Group Co., Ltd." to "Chongqing Shineray Intelligent Manufacturing Technology Co., Ltd." to reflect its strategic focus on agricultural machinery and technology [4][7]. - The registered capital will increase from 188,020,508 yuan to 225,624,610 yuan, following a profit distribution plan that involves a stock increase [6][10]. - The business scope will expand to include manufacturing and sales of agricultural machinery, generator sets, and special operation robots, among other activities [6][7]. Group 3: Governance Changes - The company intends to abolish the supervisory board, transferring its responsibilities to the audit committee, and will revise its articles of association accordingly [10][12]. - The proposed changes to the articles of association will also reflect the increase in total share capital and the new company name [10][12]. Group 4: Board of Directors - The company aims to increase the number of non-independent directors on the board from 7 to 9, including the addition of a representative from the employees [14]. - Li Guo is nominated as a candidate for the non-independent director position, with a background in engineering and management roles in related industries [14][15]. Group 5: Financial Guarantees - The company plans to provide a guarantee of up to 300 million yuan for its subsidiary, Chongqing Xinyuan Agricultural Machinery Co., Ltd., to support its operational financing needs [16][18]. - This guarantee represents 41.16% of the company's latest audited net assets and is classified as a related party transaction due to the ownership structure [16][18].