XACIG(SH:600596) Zheng Quan Zhi Xing·2025-08-21 16:48Core Points - The board of directors of Zhejiang Xin'an Chemical Group Co., Ltd. held its 20th meeting of the 11th session on August 20, 2025, via communication voting [1] - The meeting approved the 2025 semi-annual report and summary with a unanimous vote of 9 in favor [1] - The board also approved a special report on the storage and actual use of raised funds for the first half of 2025, also with a unanimous vote [2] Summary by Sections Meeting Details - The board meeting was conducted in accordance with the Company Law and the company's articles of association [1] Resolutions Passed - The board approved the semi-annual report for 2025, with the audit committee expressing agreement [1] - A special report on the use of raised funds was also approved, with the audit committee's agreement noted [2] - The board agreed to extend the timeline for the "Zhejiang Kaihua Synthetic Materials Co., Ltd. relocation project" to the end of March 2026, maintaining the original project parameters [2] - The board approved the use of up to RMB 200 million of temporarily idle raised funds for cash management, with specific guidelines on the types of financial products to be used [2] - A risk assessment report regarding Transfar Group Financial Co., Ltd. was approved, with certain directors abstaining from the vote [3] - The board approved a valuation enhancement plan, with unanimous support [4]