招商轮船: 招商轮船第七届董事会第二十三次会议决议公告

Core Viewpoint - The board of directors of China Merchants Energy Transportation Co., Ltd. held its 23rd meeting to review and approve several key proposals, including the 2025 semi-annual report, profit distribution plan, and changes to the company's capital structure [1][2][3][4][5][6][7] Group 1: Meeting Overview - The meeting was held on August 26, 2025, in Shenzhen, combining in-person and video conferencing, with 9 out of 11 directors present [1] - The meeting adhered to legal and regulatory requirements, ensuring its validity [2] Group 2: Financial Reports and Proposals - The board approved the 2025 semi-annual report with unanimous support (11 votes in favor) [2] - A risk assessment report from China Merchants Group Financial Co., Ltd. was also approved, with 7 votes in favor [3] - The profit distribution plan proposed a cash dividend of RMB 0.7 per 10 shares, totaling approximately RMB 565.22 million [4] Group 3: Capital and Structural Changes - The company plans to reduce its registered capital by RMB 69.27 million due to share buybacks, resulting in a new registered capital of RMB 8.07 billion [4] - The board agreed to amend the company's articles of association and submit it for shareholder approval [5] Group 4: Governance and Operational Proposals - The board approved revisions to 24 governance documents, including rules for shareholder meetings and board meetings, which will also be submitted for shareholder approval [5] - A proposal for purchasing office property through a related party transaction was approved, with independent directors reviewing the agreement [6] Group 5: Strategic Initiatives - The board reviewed the progress of the "Quality Improvement and Efficiency Enhancement" initiative and the shareholder return plan for 2024-2026 [7] - The board approved the long-term charter of four Newcastle max bulk carriers and a long-term freight agreement [7]