Meeting Overview - The second meeting of the board of directors of Wankai New Materials Co., Ltd. was held on August 21, 2025, with all 7 directors present, and the meeting was chaired by Chairman Shen Zhigang [1][2] Resolutions Passed - The board unanimously approved the proposal not to redeem the "Wankai Convertible Bonds" early, with a voting result of 7 votes in favor, 0 against, and 0 abstentions [1][2] Rationale for Decision - The board considered the short time since the "Wankai Convertible Bonds" began conversion on February 24, 2025, and the current market conditions, deciding that not redeeming the bonds early would protect the interests of bondholders [2] Future Considerations - The company will not exercise the early redemption rights for the "Wankai Convertible Bonds" for the next six months (from August 22, 2025, to February 21, 2026), and any future decisions regarding early redemption will be made in subsequent board meetings [2]
万凯新材: 第二届董事会第二十三次会议决议公告