HTDC(SH:601188) Zheng Quan Zhi Xing·2025-08-18 11:13Core Viewpoint - The company is convening a shareholder meeting to discuss several key proposals, including the replacement of a board member, adjustments to independent director compensation, cancellation of repurchased shares, and extension of loans to a subsidiary [1][4][12]. Meeting Information - The shareholder meeting is scheduled for August 26, 2025, at 14:00, with a network voting period from August 25, 15:00 to August 26, 15:00 [3][4]. - The meeting will take place at the company's headquarters in Harbin, and all registered shareholders are entitled to attend [4][5]. Proposals for Discussion - Proposal 1: Replacement of a board member due to resignation [7][8]. - Proposal 2: Adjustment of independent director compensation from 6,000 RMB/month (after tax) to 100,000 RMB/year (before tax) [9]. - Proposal 3: Cancellation of 10,408,656 repurchased shares, reducing registered capital from 1,315,878,571 RMB to 1,305,469,915 RMB [12][14]. - Proposal 4: Extension of a loan to the subsidiary Heilongjiang Longxin New Materials Technology Co., Ltd., originally set at 30 million RMB for one year at an interest rate of 4.5675% [20][21]. Voting Process - The voting will be conducted through a combination of on-site and online methods, with each share carrying one vote [3][4]. - Shareholders must choose either on-site or online voting, and any duplicate votes will be counted as the first submission [3][4]. Financial and Operational Context - The company has completed the acquisition of a 60% stake in Heilongjiang Longxin New Materials Technology Co., Ltd., which is focused on graphite mining and production [17][24]. - The subsidiary has made progress in its mining operations, including increasing production capacity and completing necessary feasibility studies [20][26].