CNRE(SH:600111) Shang Hai Zheng Quan Bao·2025-08-26 20:04Section 1: Important Notes - The semi-annual report summary is derived from the full semi-annual report, and investors are advised to read the complete report on the Shanghai Stock Exchange website for a comprehensive understanding of the company's operational results, financial status, and future development plans [1][2] - The company's board of directors, supervisory board, and senior management guarantee the authenticity, accuracy, and completeness of the semi-annual report, and there are no false records, misleading statements, or significant omissions [1][3] - The board of directors' resolution regarding profit distribution or capital reserve transfer to increase share capital indicates that no profit distribution or capital reserve transfer will occur during the reporting period [1] Section 2: Company Overview - The company is identified as China Northern Rare Earth (Group) High-Tech Co., Ltd. [2] - The report includes major financial data, but specific figures are not provided in the summary [2] - There are no changes in the controlling shareholder or actual controller during the reporting period [2] Section 3: Significant Events - The company held the sixth meeting of the ninth supervisory board on August 26, 2025, via communication voting, with all seven supervisors present [4] - The supervisory board approved the "2025 Semi-Annual Report and Summary" with unanimous consent [5] - The supervisory board also approved the "Risk Continuous Assessment Report of Baogang Group Financial Co., Ltd." with unanimous consent [6] - The board approved the "2025 Annual Contractual Assessment Plan for the Management Team" with unanimous consent [7] - The board approved the "2024 Annual Salary Payment Plan for Management Team Members" with unanimous consent [8] - The board also approved the write-off of bad debt provisions for receivables from the former controlling subsidiary Inner Mongolia Xijie Environmental Technology Co., Ltd. with unanimous consent [9] Section 4: Board Meeting Decisions - The sixth meeting of the ninth board of directors was also held on August 26, 2025, via communication voting, with all 14 directors present [14] - The board approved the "2025 Semi-Annual Report and Summary" after the audit committee reviewed the financial information [15] - The board approved the "Risk Continuous Assessment Report of Baogang Group Financial Co., Ltd." with non-related directors voting in favor [17] - The board approved the "2025 Annual Contractual Assessment Plan for the Management Team" with non-related directors voting in favor [18] - The board approved the "2024 Annual Salary Payment Plan for Management Team Members" with non-related directors voting in favor [19] - The board also approved the write-off of bad debt provisions for receivables from the former controlling subsidiary with unanimous consent [21] Section 5: Major Operating Data - The company disclosed major operating data for the second quarter (April to June) and the first half of 2025, but specific figures are not provided in the summary [25][26]