Shang Hai Zheng Quan Bao·2025-12-04 19:54Core Viewpoint - The company held its third extraordinary general meeting of shareholders on December 4, 2025, where several key resolutions were passed, including the approval of agreements related to asset purchases and capital reduction [5][11]. Group 1: Meeting Details - The meeting was conducted using a combination of on-site and online voting, in compliance with the Company Law and the company's articles of association [2]. - The meeting was chaired by Vice Chairman Wu Weidong due to Chairman Ling Wei's absence [2][3]. - A total of 12 directors were present, with 8 attending in person and 4 represented by proxies [3]. Group 2: Resolutions Passed - The following resolutions were approved: 1. The resolution to sign the termination agreement related to the asset purchase was passed, with the controlling shareholder abstaining from voting [5]. 2. Authorization for the board of directors to handle matters related to the aforementioned transaction was also approved [6]. 3. A resolution to reduce registered capital and amend certain articles of association was passed [8]. 4. The reappointment of the auditing firm for the 2025 financial report was approved [8]. 5. Authorization for subsidiaries to apply for comprehensive credit limits from banks was passed [8]. 6. The use of idle funds for purchasing financial products was approved [8]. Group 3: Share Repurchase and Capital Reduction - The company plans to repurchase 20,146,400 shares from Jiangxi Publishing Media Group at a price of 1 yuan per share, which will be canceled following the approval of the relevant resolutions [11]. - After the repurchase, the total share capital will decrease from 1,367,505,119 shares to 1,347,358,719 shares, and the registered capital will be reduced accordingly [12]. Group 4: Notification to Creditors - Creditors are notified of the share repurchase and capital reduction, with a 30-day period to declare their claims from the date of notification [13]. - The company outlines the necessary documentation and procedures for creditors to submit their claims [15][16].