湖南和顺石油股份有限公司第四届董事会第四次会议决议公告

Group 1 - The company held its fourth board meeting on August 8, 2025, where all seven directors attended, ensuring the meeting's legality and validity [2][4] - The board unanimously approved the proposal to use up to RMB 200 million of idle funds for securities investment, which can be rolled over within 12 months [3][18] - The investment will include new stock subscriptions, stock and depositary receipt investments, bond investments, and other recognized investment activities [3][20] Group 2 - The board also approved the establishment of a securities investment management system to regulate investment decision-making and trading management [6][10] - The company plans to absorb and merge its wholly-owned subsidiary, Xiangtan Zhongyou Sales Co., Ltd., to enhance resource utilization and operational efficiency [8][28] - This merger will not constitute a related party transaction or a significant asset restructuring, thus not requiring shareholder approval [28][31]