BSGCO(SZ:000959) Shang Hai Zheng Quan Bao·2025-10-22 18:30Group 1 - The company held its second extraordinary general meeting of shareholders for the year 2025 on October 22, 2025, with a total of 429 shareholders present, representing 6,008,330,919 shares, which accounts for 77.4772% of the total voting shares [4][7] - The meeting was conducted in a combination of on-site and online voting, and the proposal to elect Zhu Guosen as a director was approved with 99.9078% of the votes in favor [15][16] - The meeting's procedures and voting results were confirmed as legal and valid by the witnessing lawyers from Beijing Guofeng Law Firm [17] Group 2 - The chairman of the company, Qiu Yinfu, submitted his resignation due to work adjustments, effective immediately upon delivery of his resignation report to the board [20][21] - The board expressed gratitude for Qiu Yinfu's diligence and responsibility during his tenure [22] Group 3 - The company announced an adjustment to its share repurchase plan, changing the funding source from "self-owned funds" to "self-owned funds and stock repurchase special loans" [25][28] - The repurchase plan aims to buy back between 40 million and 80 million shares, representing 0.52% to 1.03% of the total share capital, with a maximum repurchase price of RMB 6.50 per share [28] - The company obtained a loan commitment from the Industrial and Commercial Bank of China for up to RMB 468 million, which will cover up to 90% of the total repurchase funds [29]