Inner Mongolia Xinhua Distribution (SH:603230) Shang Hai Zheng Quan Bao·2025-09-16 20:11Group 1 - The fourth board meeting of Inner Mongolia Xinhua Publishing Group Co., Ltd. was held on September 15, 2025, with all nine directors present, and the meeting complied with relevant regulations [2][3][4] - The board unanimously agreed to waive the five-day notice requirement for the meeting to expedite the election process [3][4] - Qin Jianping was elected as the chairman of the fourth board, with his term starting from the approval date of the board meeting [5][6] Group 2 - The board established four specialized committees: Audit Committee, Nomination Committee, Compensation and Assessment Committee, and Strategic Committee, with members elected from the board [7][8][9][10] - The members of the Audit Committee include Wang Zhonghua (Chairman), Qin Jianping, and Ding Wenying [7] - The board appointed senior management personnel, including Xin Na as General Manager and Wang Xiaoling, Yan Bin as Deputy General Managers, and Xie Meiling as Chief Financial Officer [12][13] Group 3 - The company provided a guarantee of RMB 159,900 for its wholly-owned subsidiary, Inner Mongolia Ordos Xinhua Bookstore Co., Ltd., for a performance bond application [23][25] - The guarantee is valid for a maximum of four months, expiring on November 30, 2025, and does not involve any counter-guarantee [23][25] - The board believes that this guarantee is necessary for the subsidiary's business development and is within the company's risk control [26][27] Group 4 - The fourth board consists of nine directors, including six non-independent directors and three independent directors, with the term lasting three years [31][32] - The board's composition meets the regulatory requirements regarding the number of independent directors and the representation of employee representatives [31][32] - The company expressed gratitude to the outgoing directors and supervisors for their contributions during their tenure [37]