SHANGHAI ENERGY(SH:600508) Shang Hai Zheng Quan Bao·2025-12-30 20:16Group 1: Accounting Policy Change - The company has approved a change in accounting policy regarding the cost measurement method for raw materials from weighted average to FIFO (First In, First Out) due to the implementation of a unified cloud warehouse system [1][2][4] - The change is expected to enhance the accuracy and timeliness of financial reporting without significant impact on the company's financial position, operating results, or cash flows [4][5] - The approval process for this change was conducted in accordance with relevant regulations, and it does not require shareholder meeting approval [3][5] Group 2: Financial Transactions with China Coal Finance - The company has approved a proposal to conduct financial transactions with China Coal Finance, which includes opening accounts for deposits, loans, and other financial services [8][10] - This proposal will be submitted for shareholder approval, and it is noted that these transactions are necessary for the normal business operations of the company [8][19] - The financial services provided by China Coal Finance are deemed fair and reasonable, with no adverse effects on the company's financial condition or independence [11][19] Group 3: Daily Related Transactions - The company has outlined its daily related transactions with China Coal and its subsidiaries, which are essential for its normal operations and do not create dependency on these related parties [39][65] - The independent directors have reviewed and approved the related transaction arrangements, ensuring they adhere to fair market principles [41][65] - The expected financial impact of these transactions is within normal ranges and does not negatively affect the company's operations or shareholder interests [39][65]