远大产业控股股份有限公司 2025年度第一次临时股东大会决议公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗 漏。 特别提示： 1、本次股东大会未出现否决议案。 登录新浪财经APP 搜索【信披】查看更多考评等级 证券代码：000626 证券简称：远大控股 公告编号：2025-060 2、本次股东大会不涉及变更以往股东大会已通过的决议。 一、会议召开和出席情况 1、本次股东大会为公司2025年度第一次临时股东大会，采用现场表决与网络投票相结合的方式召开。 现场会议于2025年11月11日13:30在浙江省宁波市鄞州区聚贤街道扬帆路515号远大中心1904会议室召 开，网络投票时间为2025年11月11日，其中：通过深交所交易系统投票的时间为2025年11月11日9:15一 一9:25，9:30一一11:30和13:00一一15:00，通过深交所互联网投票系统投票的时间为2025年11月11日 9:15一一15:00。 本次股东大会的召集人为公司董事会，由董事长史迎春先生主持会议。本次股东大会符合有关法律、行 政法规、部门规章、规范性文件、深交所业务规则和公司《章程 ...

Core Viewpoint - Dongguan Qunshang Optoelectronics Co., Ltd. is adjusting its corporate governance structure and revising its Articles of Association to align with the latest legal regulations and improve governance standards [1][2]. Group 1: Corporate Governance Adjustment - The company held the 21st meeting of the 6th Board of Directors on November 10, 2025, where it approved the proposal to adjust the corporate governance structure and revise the Articles of Association [1]. - The adjustments are in accordance with the Company Law of the People's Republic of China, the Guidelines for Articles of Association of Listed Companies, and the Shenzhen Stock Exchange Listing Rules [1]. Group 2: Articles of Association Revision - The company is revising certain provisions of its Articles of Association to ensure compliance with the latest legal and regulatory requirements [2]. - The revisions aim to further standardize the company's operational mechanisms and enhance its governance level [2].

Core Viewpoint - Anhui Fengyuan Pharmaceutical Co., Ltd. has revised its articles of association, focusing on capital structure, governance mechanisms, profit distribution, and risk control, with a registered capital set at 464.685522 million yuan [1][7]. Capital Structure and Registered Capital Adjustment - The current total share capital of Fengyuan Pharmaceutical is 46,468.5522 million shares, all of which are ordinary shares. The share capital has evolved from an initial 20.604 million shares in 1997 to the current scale through multiple capital increases and adjustments [2]. Corporate Governance Structure Optimization - The new articles designate the general manager as the legal representative, replacing the previous arrangement where the chairman held this position. This change aims to enhance management accountability and decision-making efficiency. The board consists of six directors, including two independent directors and one employee representative, with established committees for audit, nomination, and remuneration [3]. Shareholder Rights and Decision-Making Mechanism Improvement - The revised articles strengthen protections for minority shareholders, requiring related shareholders to abstain from voting on related party transactions. Major decisions require a special resolution from the shareholders' meeting, with at least two-thirds of the voting rights [4]. Profit Distribution Policy Clarification - The new articles specify that the company will prioritize cash dividends, with a minimum annual cash dividend ratio of 10% of distributable profits when conditions are met. Over three years, cumulative cash dividends should not be less than 30% of the average annual distributable profits [5][6]. Risk Control and Compliance Management - The articles stipulate that any external guarantees exceeding 50% of the latest audited net assets or single guarantees exceeding 10% must be approved by the shareholders' meeting. The company can repurchase shares under certain conditions, with a limit of 10% of the total issued capital, requiring a two-thirds majority of the board [7].

Core Viewpoint - The Chongqing Fuling Zhacai Group Co., Ltd. has introduced a new system to regulate the behavior of its controlling shareholders and actual controllers, aiming to enhance corporate governance and ensure accurate and timely information disclosure [1][5]. Group 1: Scope and Principles - The new system applies to the actions of controlling shareholders, actual controllers, and their related parties, emphasizing their obligation to act in good faith and not to misuse their control to harm the company or other shareholders' rights [2]. - Controlling shareholders and actual controllers are required to sign a declaration and commitment letter, witnessed by a lawyer, to comply with laws and regulations, avoid abuse of control, and fulfill information disclosure obligations [2]. Group 2: Prohibition of Fund Misappropriation and Benefit Transfer - The system explicitly prohibits controlling shareholders and actual controllers from misappropriating company funds in seven specified scenarios, including requesting the company to pay personal expenses or debts, borrowing funds, and issuing commercial acceptance bills without real transactions [3]. - It also bans any form of fund misappropriation under the guise of temporary use or small amounts over multiple transactions [3]. Group 3: Ensuring Company Independence and Regulating Control Exercise - The system mandates that controlling shareholders and actual controllers take measures to ensure the company's asset integrity, personnel independence, financial independence, organizational independence, and business independence [4]. - It restricts controlling shareholders from interfering in company decisions, personnel appointments, financial accounting, or business operations, and requires them to protect the voting rights and proposal rights of minority shareholders [4]. Group 4: Strengthening Information Disclosure Management and Share Trading Regulations - Controlling shareholders and actual controllers must keep confidential any undisclosed significant information and assist the company in fulfilling its disclosure obligations [5]. - The system regulates the trading behavior of controlling shareholders and actual controllers, requiring compliance with laws and regulations, and ensuring fair transactions that protect the interests of the company and minority shareholders [5].

Core Insights - Warren Buffett, at 95, announced his final shareholder letter, marking the end of the Buffett era at Berkshire Hathaway and the transition to the post-Buffett era [2] - The letter highlights three historic decisions: ceasing to write annual letters, transferring CEO responsibilities to Greg Abel, and accelerating his charitable donation plan [2] Leadership Transition - Greg Abel, aged 63, will succeed Buffett as CEO by the end of the year, while Buffett will remain as chairman [3] - Buffett praised Abel's understanding of the company's operations and his rapid learning ability, indicating strong confidence in his successor [3][4] Charitable Donations - Buffett converted 1,800 shares of Class A stock into 2.7 million shares of Class B stock, donating them to four family charitable foundations, valued at over $1.3 billion [5][6] - This decision aligns with Buffett's philosophy of completing wealth transfer during his lifetime, emphasizing the capability of his children to manage the donations effectively [5] Communication Changes - Buffett announced he will no longer write the annual report or hold lengthy shareholder meetings, opting for an annual Thanksgiving message instead [7] - This change signifies a fundamental shift in how Berkshire Hathaway communicates with its investors, reflecting Buffett's acknowledgment of his advancing age [7] Reflections on Omaha - Buffett reflected on the influence of Omaha on his life and career, attributing much of Berkshire's success to the values instilled in him by the Midwest [8] Governance Insights - Buffett acknowledged past governance failures regarding CEO health issues and emphasized the need for boards to remain vigilant about potential CEO incapacitation [10] - He criticized the modern CEO compensation structure, highlighting issues of jealousy and greed among executives [10]

Core Viewpoint - The company ST Luton (300555.SZ) is experiencing a significant power struggle between shareholders and the board of directors, highlighted by the recent dismissal of key executives and the appointment of a new chairman, which has led to conflicting claims regarding the legality of the shareholder meeting and its resolutions [4][5][6]. Group 1: Board Restructuring - The original chairman Qiu Jingwei and vice president Fu Xinyue were removed from their positions by a high vote at the temporary shareholder meeting, with approximately 1.06 billion shares (87.18% of valid voting rights) supporting their dismissal [6][24]. - Tan Wenshu was elected as a non-independent director and subsequently appointed as the new chairman of the board [2][6]. - The board also saw the removal of three senior executives, including the general manager Gu Zhonghui, with Yu Tao appointed as the new general manager [6][8]. Group 2: Shareholder Dispute - Following the shareholder meeting, ST Luton issued a statement condemning the actions of certain shareholders who allegedly held an illegal temporary meeting, asserting that the resolutions made were not legally valid [4][9]. - The original management team claims that the meeting was improperly convened and that the company had already announced a postponement of the meeting [12][9]. - The conflict has escalated into a public dispute, with the board asserting the legality of the shareholder meeting and its resolutions [4][12]. Group 3: Background and Financial Performance - The power struggle began when Wu Shichun became the largest shareholder after acquiring a 7.44% stake for 150 million yuan, leading to multiple attempts to reorganize the board that were met with resistance [18][20]. - ST Luton has faced financial difficulties, reporting continuous losses over the past four years, with a net profit loss of 36.27 million yuan in the first three quarters of the current year, a 1.25% increase in losses year-on-year [24][25]. - The company has been under risk warning since February 1, 2023, due to non-operational fund occupation by its actual controller and related parties [24].

Core Insights - Warren Buffett, at 95, announced plans to accelerate the donation of his $149 billion estate to family foundations, expressing confidence in incoming CEO Greg Abel and the company's future [1][2][4] Group 1: Donation Plans - Buffett intends to expedite the transfer of Berkshire stock to his children's foundations due to their advancing age [2] - He converted 1,800 shares of Berkshire A stock into 2.7 million shares of B stock, donating over $1.3 billion to four family foundations [3] Group 2: Health Status - Buffett reported feeling generally well despite some physical limitations, stating he still works five days a week [4] - Concerns about his health have been prevalent since he announced plans to step down as CEO [4] Group 3: Company Performance - Since taking over in 1965, Buffett transformed Berkshire Hathaway from a struggling textile company into a $1 trillion investment conglomerate [5] - The company reported a net profit of $30.796 billion for the third quarter, a 17% year-over-year increase, with operating profit up 34% [7] Group 4: Market Position and Stock Performance - Berkshire's top five holdings account for approximately 66% of its total stock value, with a record cash holding of $381.6 billion [7] - Despite a nearly 10% increase in stock price this year, Berkshire underperformed compared to the S&P 500's 16.7% rise [8] - Analyst Meyer Shields downgraded Berkshire's A shares from "in line with the market" to "underperform," citing multiple negative factors [8]

Financial Data and Key Metrics Changes - The company presented its annual financial report for the year ending June 30, 2025, but no specific financial data or key metrics were discussed during the meeting [5][6]. Business Line Data and Key Metrics Changes - There were no specific discussions regarding changes in data or key metrics for various business lines during the meeting [6][8]. Market Data and Key Metrics Changes - No specific market data or key metrics changes were mentioned in the meeting [6][8]. Company Strategy and Development Direction and Industry Competition - The meeting focused on formal resolutions and did not provide insights into the company's strategic direction or competitive landscape [5][6]. Management's Comments on Operating Environment and Future Outlook - Management did not provide comments on the operating environment or future outlook during the meeting [6][8]. Other Important Information - The meeting was conducted online, allowing shareholders to participate virtually and submit questions [2][3]. - Voting on resolutions was conducted by poll, with approximately 50.11% of the issued capital represented by proxies [5][6]. Q&A Session Summary Question: Any questions on the financial report? - No questions were raised regarding the financial report [7]. Question: Any questions on the management of the company? - No questions were raised regarding the management of the company [8]. Question: Any questions on the re-election of Dr. Jeremy Levin? - No questions were raised regarding the re-election of Dr. Jeremy Levin [11]. Question: Any questions on the re-election of Ms. Cathy Connell? - No questions were raised regarding the re-election of Ms. Cathy Connell [14]. Question: Any questions on the adoption of the remuneration report? - No questions were raised regarding the adoption of the remuneration report [16]. Question: Any questions on the issue of options to Lawrence Goslin? - No questions were raised regarding the issue of options to Lawrence Goslin [18]. Question: Any questions on the issue of options to Ms. Cathy Connell? - No questions were raised regarding the issue of options to Ms. Cathy Connell [20]. Question: Any questions on the issue of options to Dr. Jeremy Levin? - No questions were raised regarding the issue of options to Dr. Jeremy Levin [23].

Core Viewpoint - The company emphasizes its commitment to focusing on its core business and enhancing production and operational management while ensuring effective corporate governance and information disclosure [2] Group 1 - The company will continue to focus on its main business operations [2] - The company aims to improve its corporate governance practices [2] - The company is committed to fulfilling its information disclosure obligations [2] Group 2 - The company actively listens to investor suggestions through various channels [2] - The company seeks to enhance communication and engagement with investors [2] - The company strives to improve investor recognition and appreciation of its value [2]

Core Viewpoint - The company has established a written inquiry system for major information disclosure by controlling shareholders, aimed at enhancing corporate governance and protecting the rights of all shareholders, especially minority shareholders [1][5]. Group 1: Applicable Scope and Core Principles - The system applies to the behavior norms and information disclosure management of controlling shareholders and their related parties, defining controlling shareholders as those holding over 50% of shares or having significant voting power [2]. - Controlling shareholders are required to adhere to principles of honesty and integrity, exercising their rights without misappropriating company funds or assets through related transactions or asset restructuring [2]. Group 2: Control Rights and Independence Maintenance - The system mandates that controlling shareholders use their control rights in good faith and take effective measures to ensure the fulfillment of commitments, providing guarantees for high-risk commitments [3]. - It prohibits controlling shareholders from affecting the integrity of company assets through various means, including shared production systems or unfair conditions [3]. - Specific forms of fund occupation by controlling shareholders are explicitly listed as prohibited, including requiring the company to advance expenses or engage in transactions without real trading backgrounds [3]. Group 3: Strengthening Information Disclosure and Share Trading Management - Controlling shareholders must cooperate with the company in insider information registration and respond to written inquiries within specified timeframes, ensuring the accuracy of information [4]. - They are required to proactively inform the company of significant events, such as shareholding changes exceeding 5% or major asset restructuring, while maintaining confidentiality of undisclosed information [4]. - In share trading, controlling shareholders must adhere to commitments and fair disclosure principles, especially when stock sales could lead to changes in company control [4]. Group 4: Implementation and Governance Improvement - The system will be implemented from the date of board approval, with the board responsible for its interpretation [5]. - This initiative is a significant step towards optimizing corporate governance by clarifying the rights and obligations of controlling shareholders and detailing prohibited behaviors and disclosure requirements [5].