Shandong Mining Machinery (SZ:002526) Shang Hai Zheng Quan Bao·2025-12-12 21:02Group 1 - The company held its sixth temporary board meeting on December 12, 2025, with all nine directors present [2][6] - The meeting was legally valid and complied with relevant laws and regulations [3] - The board approved the proposal to change the auditing firm from Yongtuo to Zhongshun Zhonghuan for the 2025 fiscal year to ensure independence and objectivity in auditing [4][52] Group 2 - The board also approved a proposal to reduce the registered capital of several wholly-owned subsidiaries, including a reduction of 50 million yuan for Shandong Changkong Yan Aviation Technology Co., Ltd., 43 million yuan for Shanghai Diling Industrial Co., Ltd., and 95 million yuan for Qingdao Dedao Investment Co., Ltd. [7][8] - The capital reduction is aimed at optimizing resource allocation and improving capital efficiency, and it does not involve related transactions or constitute a major asset restructuring [9][48] Group 3 - The board agreed to convene the third temporary shareholders' meeting on December 29, 2025, to review the proposals approved in the board meeting [12][17] - The meeting will include both on-site voting and online voting options for shareholders [20][30]