Yongjin Technology (SH:603995) Zheng Quan Zhi Xing·2025-08-14 16:27Board Meeting Summary - The sixth board meeting of Yongjin Technology Group Co., Ltd. was held on August 13, 2025, with all 9 directors present, complying with legal and regulatory requirements [1][2]. Financial Reports - The board approved the 2025 semi-annual report and its summary with unanimous consent [1]. - A special report on the use of raised funds for the first half of 2025 was also approved unanimously [1]. Profit Distribution - The board proposed a profit distribution plan to distribute cash dividends of 3 yuan (including tax) for every 10 shares, with the remaining undistributed profits carried forward [2]. Corporate Governance Changes - The board approved the cancellation of the supervisory board and the revision of the company's articles of association, which will be submitted for shareholder approval [2][3]. - Following the approval of the revised articles, the board will consist of 9 directors, including one employee representative director [3]. Governance System Revisions - The board approved revisions to several governance systems, including rules for shareholder meetings, board meetings, and independent director work guidelines, which will also be submitted for shareholder approval [4]. External Guarantee Adjustments - The board approved an adjustment to the expected external guarantee limit for 2025, allowing a total guarantee amount of up to 6.5 billion yuan, with a maximum exposure of 4.5 billion yuan [5]. Upcoming Shareholder Meeting - The board plans to convene the second extraordinary general meeting of shareholders on September 1, 2025, to review the proposals requiring shareholder approval [6].