Zhong Guo Zheng Quan Bao - Zhong Zheng Wang·2025-12-20 06:22Group 1: Appointment of Senior Management - The company appointed Mr. Yao Zhichao as the Vice General Manager and Mr. Gong Huiming as the Secretary of the Board, effective from December 19, 2025, until the end of the sixth board term [1][18] - Mr. Gong Huiming will no longer serve as the Securities Affairs Representative, with Mr. Hu Feng appointed to this role [1][18] - The appointments were made to ensure the board's proper operation and governance structure, following relevant laws and company regulations [1][2] Group 2: Resignation of Senior Management - Ms. Lei He submitted her resignation as Secretary of the Board due to work reasons, effective upon delivery of her resignation letter to the board [3] - Her departure will not affect the normal operations of the board or the company, and she has completed the necessary handover procedures [3] Group 3: Cash Management Authorization - The company plans to use idle self-owned funds for cash management, with an authorization limit of up to RMB 2.5 billion [5][20] - The funds will be used for low-risk financial products, including time deposits, large certificates of deposit, and other safe investment options [5][10] - The authorization is valid until December 31, 2026, and the chairman is authorized to review the investments [12][20] Group 4: Board Meeting Details - The second temporary board meeting of 2025 was held on December 19, 2025, with all nine directors present, making the meeting legally valid [18] - Both the appointment of senior management and the cash management authorization were unanimously approved by the board [18][20]