Zheng Quan Zhi Xing·2025-08-22 12:09Core Viewpoint - Shenzhen Expressway Group Co., Ltd. held its 56th meeting of the 9th Board of Directors, where several key resolutions were passed, including the approval of the 2025 semi-annual report and asset impairment provisions totaling approximately RMB 92.16 million [2][3][5]. Group 1: Meeting Details - The meeting was held on August 22, 2025, with all 11 directors present, including one represented by an independent director due to absence [2]. - The meeting was chaired by Chairman Xu Enli, with attendance from supervisors and senior management [2]. Group 2: Resolutions Passed - The board approved the 2025 semi-annual report and summary, with a unanimous vote of 11 in favor [3]. - The board agreed to recognize asset impairment provisions totaling approximately RMB 92.16 million, which includes fixed asset impairment of approximately RMB 8.67 million, inventory write-down of approximately RMB 8.84 million, and bad debt provisions of approximately RMB 74.65 million [3]. - The board also approved the 2025 semi-annual major risk assessment report with unanimous support [4]. - The board passed a resolution on the management of executive compensation and business expenses, receiving unanimous approval [5]. - A special report on the management and actual use of raised funds for the first half of 2025 was also approved, with the full report disclosed on the Shanghai Stock Exchange website [5]. - The board approved amendments to the fundraising management system, which were also disclosed on the Shanghai Stock Exchange website [5].