TOSPO(SH:603303) Zheng Quan Zhi Xing·2025-08-18 09:12Meeting Overview - The fifth meeting of the board of directors of Hengdian Group Debang Lighting Co., Ltd. was held on August 15, 2025, with all seven directors present [1][2] - The meeting was convened in accordance with the Company Law and the Articles of Association, ensuring the legality and validity of the resolutions [1] Financial Reports - The board approved the 2025 semi-annual report and summary, which will be submitted to the shareholders' meeting for review [2] - The company plans to distribute cash dividends totaling 299,769,442.72 yuan (including tax) based on a total share capital of 467,659,037 shares as of June 30, 2025 [2] Governance Changes - The board approved a proposal to increase board seats and abolish the supervisory board, along with amendments to the Articles of Association, which will also be submitted to the shareholders' meeting [3] - Several governance documents, including the rules for shareholders' meetings and board meetings, were revised and approved, pending shareholder approval [3][4] Additional Proposals - The board approved multiple proposals related to the management of external investments, guarantees, related transactions, and fundraising, all requiring shareholder approval [4] - The election of a new non-independent director, Mr. Lü Yuelong, was approved and will be submitted to the shareholders' meeting [4] Shareholder Meeting - The board decided to convene the second extraordinary general meeting of shareholders in 2025, with all resolutions receiving unanimous support from the directors [4][5]