Meeting Overview - The fourth board meeting of Zhongyan Anhui Hongsifang Fertilizer Co., Ltd. was held on August 25, 2025, with all nine directors present, including one via telecommunication [1] Resolutions Passed - The board approved the 2025 semi-annual report and its summary, with a unanimous vote of 9 in favor [2] - The board approved the special report on the management and actual use of raised funds for the first half of 2025, also with a unanimous vote of 9 in favor [3] - The board approved the proposal to change the company's business scope and amend the articles of association, with a unanimous vote of 9 in favor [4] - The board approved the evaluation of the 2024 salary budget execution and the budget for 2025, with a unanimous vote of 9 in favor [5] - The board approved the annual assessment indicators for the management team for 2025, with a unanimous vote of 9 in favor [6] - The board agreed to convene the third extraordinary general meeting of shareholders on September 10, 2025, with a unanimous vote of 9 in favor [6] Business Expansion - The company has completed a 50,000 tons/year Mannheim potassium sulfate production facility and is constructing a 100,000 tons/year liquid calcium chloride production facility to handle hydrochloric acid produced from the potassium sulfate facility [4] - The company plans to expand its business scope to include the production and operation of hazardous chemicals, necessitating amendments to its articles of association [4]
红四方: 红四方第四届董事会第二次会议决议公告