Group 1 - The company held its 17th meeting of the 6th Board of Directors on August 11, 2025, with all 7 directors present, confirming compliance with relevant laws and regulations [1] - The Board approved the election of Mr. Wang Ximing as the Vice Chairman of the Board, with a term lasting until the end of the current Board's term [2][6] - The Board also approved the use of up to RMB 570 million of idle raised funds to temporarily supplement working capital, with a usage period not exceeding 12 months [3][19] Group 2 - Mr. Liang Baodong resigned from his position as a non-independent director due to governance needs but will continue to serve as Vice Chairman of a wholly-owned subsidiary [6][7] - The company confirmed that the number of directors holding senior management positions and those serving as employee representatives does not exceed half of the total number of directors, in compliance with legal requirements [8] Group 3 - The company has raised a total of RMB 1.52 billion through the issuance of convertible bonds, with the net amount after deducting issuance costs being approximately RMB 1.5 billion [12] - As of July 31, 2025, the company had a balance of RMB 667.37 million in raised funds [16] - The company plans to use the idle funds to reduce financial costs, estimating a savings of RMB 17.1 million in interest expenses [20][21] Group 4 - The company will pay interest on its convertible bonds on August 18, 2025, with a coupon rate of 1.00% for the third year [25][33] - The interest payment will be RMB 10.00 for every 10 bonds held, with the bondholders responsible for their own tax obligations [26][34]
大中矿业股份有限公司第六届董事会第十七次会议决议公告