BHAS(SH:600960) Shang Hai Zheng Quan Bao·2025-10-15 19:41Core Viewpoint - Bohai Automotive Systems Co., Ltd. held its fourth extraordinary general meeting of shareholders on October 15, 2025, where all proposed resolutions were approved without any objections [2][4][8]. Meeting Details - The meeting was convened at the company's conference room located at 569 Bohai 21st Road, Binzhou, Shandong Province [2]. - All nine current directors and three supervisors attended the meeting, along with the company secretary and senior management [3]. Voting and Resolutions - The meeting utilized a combination of on-site and online voting, complying with the Company Law and the company's articles of association [2]. - All resolutions related to the issuance of shares and cash payment for asset acquisitions were approved, including the overall transaction plan and various sub-proposals regarding share types, pricing, and lock-up periods [4][5][6][7][8][9][10]. Legal and Compliance - The meeting was witnessed by Beijing Deheheng Law Firm, which confirmed that the meeting's procedures and voting results were legal and valid [10]. - The company conducted a self-examination regarding insider trading related to the transaction, confirming that no insider trading occurred during the specified period [12][13][35][36][37]. Transaction Overview - The company plans to acquire 51% of the shares of Beijing Beiqi Mould Technology Co., Ltd., 51% of the shares of Hainachuan Andautuo (Langfang) Seat Co., Ltd., 100% of the shares of Inafa Intelligent Technology (Beijing) Co., Ltd., and 50% of the shares of Langfang Laini Wiring System Co., Ltd. through a combination of share issuance and cash payment [12][13]. Insider Trading Self-Examination - The self-examination period for insider trading was set from November 30, 2024, to September 29, 2025, covering all relevant insiders [13][15]. - Various insiders, including directors and related personnel, confirmed that their trading activities were based on public information and did not involve any insider information [16][19][23][27][32]. Independent Advisor Opinions - The independent financial advisor, CITIC Securities Co., Ltd., concluded that the trading activities of insiders during the self-examination period did not constitute insider trading and would not pose legal obstacles to the transaction [36]. - The legal advisor, Beijing Jindu Law Firm, also affirmed that the insider trading activities were compliant and did not present substantial legal barriers to the transaction [37].