Zheng Quan Zhi Xing·2025-08-26 11:09Core Points - Qingdao Beer Company held its 11th Board of Directors' second meeting on August 26, 2025, where all 9 attending directors approved several key proposals [1][2][3] Group 1: Financial Reporting - The company approved its 2025 semi-annual report (unaudited) during the meeting, which had been reviewed by the Audit and Internal Control Committee prior to the board meeting [1][2] - The voting results for the semi-annual report showed unanimous support with 9 votes in favor, 0 against, and 0 abstentions [2] Group 2: Business Operations - The board approved a proposal for the company to engage in structured deposit business, allowing for up to RMB 6 billion in subscriptions over the next 12 months, with funds being able to roll over [2] - The structured deposit proposal also received unanimous approval with 9 votes in favor, 0 against, and 0 abstentions [2] Group 3: Incentive Plan - The board decided to repurchase and cancel 1,667 shares of restricted A-shares from an incentive plan participant who resigned, using the company's own funds for the buyback [3] - This proposal was also approved with 6 votes in favor, 0 against, and 0 abstentions, with certain directors recusing themselves from the vote due to their status as incentive plan participants [3]