IRON TECH(SH:688329) Zheng Quan Zhi Xing·2025-09-04 16:06Core Viewpoint - The company is holding its first extraordinary general meeting of shareholders in 2025 to discuss and vote on a proposal regarding the acquisition of assets and related party transactions by its subsidiary [1][5][16] Meeting Procedures - The meeting will be held on September 22, 2025, at 15:00 at the company's headquarters in Suzhou, with both on-site and online voting options available [4] - Shareholders must register and present necessary identification documents to participate in the voting process [1][2] - The meeting will follow a structured agenda, including the introduction of board members and the reading of meeting rules [4][2] Voting and Rights - Shareholders have the right to express their opinions and vote on the proposals presented during the meeting [2][3] - Voting will be conducted through a combination of on-site and online methods, with results announced after the meeting [3][4] Proposal Details - The main proposal involves the acquisition of a factory located at No. 1, Quanzhou Road, Chuzhou, Anhui Province, by the subsidiary Yigu (Chuzhou) Aviation Medical Research Institute from the related party Chuzhou Zhuyi Technology Co., Ltd. for an estimated price of RMB 13.5 million [5][6][10] - The transaction is based on the subsidiary's business development needs and is expected to enhance its operational capabilities [6][15] Financial Implications - The estimated market value of the factory is RMB 19.88 million, indicating that the acquisition price is below the market value, which is considered fair and in the company's best interest [10][13] - The transaction is not expected to significantly impact the company's financial status or operational independence [15][16] Related Party Information - The related party involved in the transaction is Chuzhou Zhuyi Technology Co., Ltd., which has connections to the company's chairman, Xu Li [7][9] - The company has ensured that the transaction complies with regulations and has been approved by the board and supervisory committee [16]