Shang Hai Zheng Quan Bao·2025-10-08 19:02Meeting Overview - The 15th meeting of the 11th Supervisory Board of Jiangsu Ninghu Expressway Co., Ltd. was held on September 30, 2025, in Nanjing, combining in-person and video conferencing [2] - All five supervisors attended the meeting, and the meeting complied with the relevant provisions of the Company Law and the company's Articles of Association, making the resolutions valid [4][5] Resolutions Passed - The meeting reviewed and approved the proposal regarding the supplementary expected daily related transactions for the year 2025 [6] - The voting results were unanimous, with all five votes in favor [7][8] Board Meeting Overview - The 15th meeting of the 11th Board of Directors was also held on September 30, 2025, using a similar format [11] - All 13 directors attended the meeting, and it complied with legal and regulatory requirements, ensuring valid resolutions [13][14] Resolutions Passed by the Board - The Board approved the proposal regarding supplementary expected daily related transactions for 2025, allowing the company to enter into various agreements for daily related transactions [15] - The voting results were unanimous, with all ten votes in favor for each of the proposed transactions [16][18][20][22][24][26][28][30][32][34][36][38] Details of Related Transactions - The company signed supplementary agreements for various daily related transactions, including: 1. Road maintenance and repair projects with Jiangsu Modern Road and Bridge Co., Ltd. [15] 2. Bridge inspection services with Jiangsu Modern Engineering Testing Co., Ltd. [17] 3. Promotional activities with Jiangsu Transportation Culture Media Co., Ltd. [19] 4. Charging station construction with Jiangsu Zhenyang Transportation Technology Co., Ltd. [21] 5. Air conditioning procurement with Jiangsu Jiaokong Commercial Operation Management Co., Ltd. [23] 6. Gas station leasing with Jiangsu Expressway Energy Development Co., Ltd. [25] 7. Communication pipeline leasing with Jiangsu Digital Transportation Research Institute Co., Ltd. [27] 8. Emergency bridge repair services with Jiangsu Huayuan Engineering Technology Co., Ltd. [29] 9. Bridge inspection projects with Jiangsu Huahui Engineering Technology Co., Ltd. [31] 10. Solar power station construction and electricity sales with Jiangsu Runyang Bridge Development Co., Ltd. [33] 11. Similar agreements with Jiangsu Lianxu Expressway Co., Ltd. [35] 12. Tunnel emergency response project with China Merchants Chongqing Transportation Research and Design Institute Co., Ltd. [39] Transaction Approval and Fairness - The board and independent directors believe that the terms of these transactions are fair and reasonable, do not harm the interests of the company or its minority shareholders, and align with the overall interests of the company and its shareholders [40][43][79]