Levima Advanced Materials Corporation(SZ:003022) Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-08-16 06:02Group 1 - The company held its third board meeting on August 15, 2025, with all eight directors present, ensuring compliance with relevant laws and regulations [9][10]. - The board approved the 2025 semi-annual report and related proposals, including the merger of its wholly-owned subsidiary, Lianhong (Shandong) Chemical Co., Ltd. [10][14]. - The company will not distribute cash dividends or issue bonus shares during the reporting period [3]. Group 2 - The company plans to absorb and merge its wholly-owned subsidiary, Lianhong Chemical, to enhance management efficiency and reduce costs [33][39]. - Lianhong Chemical has total assets of approximately 3.79 billion yuan and net assets of about 1.23 billion yuan as of December 31, 2024 [35]. - The merger will not affect the company's financial status or operational capabilities, aligning with the company's strategic goals [39]. Group 3 - The company will hold its second extraordinary general meeting on September 1, 2025, to discuss the approved proposals [46]. - The meeting will allow both on-site and online voting, with specific time slots for participation [47][48]. - The company emphasizes that all proposals require a two-thirds majority vote from shareholders present at the meeting [51].