恒润股份: 江阴市恒润重工股份有限公司第五届董事会第十一次会议决议公告

Meeting Details - The 11th meeting of the 5th Board of Directors of Jiangyin Hengrun Heavy Industry Co., Ltd. was held on August 22, 2025, in a combination of on-site and communication methods [1] - The meeting was chaired by Chairman Ren Junlei, with attendance from supervisors and senior management [1] - The meeting complied with the relevant regulations of the Company Law of the People's Republic of China and the company's articles of association [1] Resolutions Passed - The board approved the proposal for credit impairment provisions totaling CNY 7,995,885.66 and asset impairment provisions of CNY 10,999,299.23, resulting in a reduction of net profit attributable to shareholders by CNY 18,995,184.89 for the first half of 2025 [2] - The proposal to cancel the supervisory board and amend the company's articles of association was approved, pending special resolution at the shareholders' meeting [2][3] - Various governance documents, including the rules for shareholder meetings, board meetings, and independent director work systems, were revised and approved, also pending shareholder approval [3][4][5] Financial Institution Credit Application - The company and its wholly-owned subsidiary, Jiangyin Hengrun Ring Forging Co., Ltd., plan to apply for a total credit limit of up to CNY 400 million from financial institutions, with CNY 250 million for the company and CNY 150 million for the subsidiary [5] - The company intends to provide guarantees for loans within the credit limit of the subsidiary, not exceeding CNY 150 million [5][6] Upcoming Shareholder Meeting - A temporary shareholders' meeting is scheduled for September 12, 2025, at 14:00 to review related proposals [7]