上海万业企业股份有限公司

Core Viewpoint - The company has revised its articles of association and is seeking shareholder approval for the changes, which aim to enhance corporate governance and align with updated regulations [1][3]. Summary by Sections Company Articles Revision - The revised articles of association for Shanghai Wanye Enterprise Co., Ltd. will be submitted for shareholder meeting approval, with the final content subject to market supervision department approval [1]. - The company’s board of directors has proposed to authorize management to handle the necessary registration and documentation related to the changes [1]. Management System Updates - The company has reviewed and updated several management systems to improve operational standards and governance structure, ensuring alignment with the revised articles of association and relevant laws [1]. - The updated management systems have been approved by the board and will take effect after shareholder approval [1]. Daily Related Transactions - The company’s board has approved an increase in the expected daily related transaction limits for 2025, which does not require shareholder meeting approval [4]. - The company anticipates a steady increase in production capacity and sales for its semiconductor materials, particularly bismuth metal deep processing and compound products, due to market demand and customer expansion [4]. - The company plans to enhance its procurement of raw materials, fuel, power, and processing services to support increased production capacity and mitigate supply chain risks [4]. Previous Related Transactions - The company previously estimated that its daily related transactions with the associated company, Xian Dao Technology Group, would not exceed 1,026.26 million yuan for 2025, aimed at supporting its bismuth business and subsidiaries [6]. - The transactions are designed to be fair and reasonable, ensuring no harm to the company or shareholders' interests, and maintaining the company's independence [6][7].