Zheng Quan Zhi Xing·2025-08-29 12:18Core Points - The board of directors of China Metallurgical Group Corporation (China MCC) held its 76th meeting on August 29, 2025, where several key resolutions were passed [1][2][3] Group 1: Financial Reports - The board approved the 2025 semi-annual report and its summary, as well as the mid-year performance announcement for H shares, with a unanimous vote of seven in favor [1] - The board also approved the 2025 semi-annual financial review report, again with a unanimous vote of seven in favor [2] Group 2: Asset Impairment - The board agreed to recognize an asset impairment provision totaling RMB 3.606 billion for receivables, contract assets, inventory, and other non-current assets for the first half of 2025, with a unanimous vote of seven in favor [2] Group 3: Fund Utilization - The board approved a special report on the storage and actual use of funds raised from A shares in the first half of 2025, with a unanimous vote of seven in favor [2] Group 4: Risk Assessment - The board approved a continuous risk assessment report regarding Minmetals Finance Co., Ltd., with five non-related directors voting in favor, as related directors abstained from voting [3]