*ST返利：10月20日召开董事会会议

Group 1 - The company *ST Fanli held its 12th meeting of the 10th board of directors on October 20, 2025, to discuss the proposal for the first extraordinary shareholders' meeting of 2025 [1] - The meeting took place in the company's conference room [1] Group 2 - The article emphasizes the need to shift funding focus from excessive investment in housing and infrastructure to enhancing investments in the livelihood sector [1]