广东松炀再生资源股份有限公司 第四届董事会第二十五次会议决议 公告

Group 1 - The company plans to publicly transfer 100% equity of its wholly-owned subsidiary, Shantou Songyang New Materials Co., Ltd. (Songyang New Materials), to optimize asset structure and reduce operational costs [3][4][30] - The estimated value of Songyang New Materials' total equity as of June 30, 2025, is approximately 92.56 million RMB, with a proposed initial transfer price of 100 million RMB [3][29][40] - The decision to stop production at Songyang New Materials was made due to continuous losses influenced by market downturns and increased competition [3][30][42] Group 2 - The board of directors convened on November 14, 2025, to approve the proposal for the equity transfer, which will be submitted for shareholder approval [2][6][30] - A temporary shareholders' meeting is scheduled for December 2, 2025, to discuss the approved proposals [7][11] - The company will ensure compliance with relevant regulations regarding potential related party transactions if applicable [28][42]