SUMEC(SH:600710) Shang Hai Zheng Quan Bao·2025-12-05 19:19Core Points - The company held its 19th meeting of the 10th Board of Directors on December 5, 2025, where several key resolutions were passed [1][2][3][4][5][6][7][8][9]. Group 1: Daily Related Transactions - The Board approved the estimated daily related transaction amount for 2026 to be RMB 3,856 million, which is based on the company's operational needs [12][13]. - The approval process for the related transactions involved independent directors, ensuring compliance with relevant regulations [3][12]. - The expected related transactions are deemed to have a minimal impact on the company's financial status and independence [12][24]. Group 2: Use of Own Funds for Structured Deposits - The Board approved the use of part of the company's own funds to purchase structured deposits to enhance fund utilization efficiency and increase returns [4][26][28]. - The maximum balance for structured deposits will be less than 50% of the company's latest audited net assets, and the investment will be managed within a rolling usage framework [29][30]. - The structured deposits will be limited to low-risk, short-term products with expected returns higher than the prevailing bank deposit rates [30][36]. Group 3: Upcoming Shareholder Meeting - The company announced the third extraordinary general meeting of shareholders for December 23, 2025, with a combination of on-site and online voting [37][38]. - The meeting will address various resolutions, including those requiring the avoidance of related shareholders in voting [41][42]. - Shareholders are encouraged to participate through the Shanghai Stock Exchange's online voting system [39][40].