Core Viewpoint - Beixin Road and Bridge has been recognized for its governance and operational excellence, winning multiple awards at the "Golden Round Table Award" for listed companies, including "Outstanding Board of Directors" and "Most Innovative Secretary" [1][3] Group 1: Corporate Governance and Awards - The company has received the "Outstanding Board of Directors" award for two consecutive years, highlighting its commitment to effective governance and decision-making [1] - The recognition reflects the company's efforts in enhancing its governance capabilities, which are crucial for sustainable development and competitiveness in the capital market [1][3] Group 2: Capital Raising and Investment Projects - Beixin Road and Bridge has obtained approval from the China Securities Regulatory Commission for a private placement of shares, aiming to raise up to 1.65 billion yuan for the Suzhou to Guzhen Expressway project and to supplement working capital [1][2] - The Suzhou to Guzhen Expressway is a key infrastructure project that will enhance connectivity in the Yangtze River Delta region, facilitating economic development [2] Group 3: Business Development and Project Wins - Since 2025, the company has secured multiple domestic engineering contracts, including significant projects worth 5.04 billion yuan and 16.29 billion yuan, showcasing its strong operational capabilities [2] - As of June 30, 2025, Beixin Road and Bridge has signed 24 new projects totaling 3.268 billion yuan, with a cumulative total of 205 signed but uncompleted projects amounting to 39.079 billion yuan [3] Group 4: Future Outlook - The awards received are seen as a motivation for the company to continue enhancing its governance and professional capabilities, aiming for high-quality development and increased shareholder value [3]

Group 1 - The company appointed Mr. Li Jingzu as the General Manager and Ms. Zong Fei as the Deputy General Manager, effective from the date of the board meeting approval until the current board's term ends [1][39]. - Mr. Li Jingzu holds 17,512,349 shares, representing 13.93% of the company's total share capital, with a voting power of 19.29% due to a voting rights delegation from Mr. Zhou Fuhai [2]. - Ms. Zong Fei does not hold any shares in the company and has no related party relationships with other directors or significant shareholders [3]. Group 2 - The company will hold its first extraordinary general meeting of 2025 on October 15, 2025, at 15:00, at its headquarters [9][12]. - The voting for the general meeting will be conducted through a combination of on-site and online voting methods [10]. - The agenda for the general meeting includes the election of directors and the approval of various proposals, including the appointment of new management [11][44]. Group 3 - The company plans to establish a wholly-owned subsidiary named Beichen Xingqiong (Beijing) Technology Co., Ltd. with a registered capital of 250 million yuan [58][59]. - The subsidiary will focus on artificial intelligence applications and related services, aligning with the company's strategic development goals [60][61]. - This investment is not classified as a related party transaction and does not constitute a major asset restructuring [61].

Group 1 - The company held its first extraordinary general meeting of shareholders on September 29, 2025, with no resolutions rejected [2][4] - The meeting was conducted in accordance with the Company Law and the company's articles of association, utilizing both on-site and online voting methods [2][6] - All current directors and supervisors attended the meeting, with one vice president absent due to business travel [3] Group 2 - The meeting approved several key resolutions, including the cancellation of the supervisory board and amendments to the company's articles of association [4][5] - The election of the ninth board of directors was conducted, resulting in the appointment of 5 non-independent directors and 3 independent directors, along with 1 employee director [20][21] - The board of directors consists of 9 members, with the composition meeting legal requirements regarding the number of independent and employee directors [20][21] Group 3 - The first meeting of the ninth board of directors was held on the same day, where the chairman and committee members were elected, and senior management was appointed [14][20] - Sun Ligguo was elected as the chairman of the ninth board of directors, with a term lasting until the board's term ends [21][22] - The board established four specialized committees, including the audit committee, strategy and investment committee, nomination committee, and remuneration and assessment committee [22][23] Group 4 - Senior management appointments included Sun Ligguo as the general manager and several vice presidents, ensuring compliance with the company's governance structure [23][24][26] - The company expressed gratitude to departing board members for their contributions during their tenure [28]

Core Viewpoint - The company is planning to revise its internal regulations and amend its articles of association to enhance corporate governance and compliance with legal requirements [2][26][29]. Group 1: Company Governance Changes - The company will no longer have a supervisory board, with its functions being transferred to the audit committee of the board of directors [26][29]. - Amendments to the articles of association and internal regulations are aimed at improving operational standards and governance [2][26][29]. Group 2: Shareholder Meeting Details - The company will hold its first extraordinary general meeting of 2025 on October 16, 2025, with both on-site and online voting options available [6][10][41]. - The record date for shareholders to attend the meeting is set for October 10, 2025 [8][10]. - Shareholders can register for the meeting through various methods, including in-person and electronic means [11][13][14]. Group 3: Voting Procedures - Voting will be conducted through the Shenzhen Stock Exchange trading system and an internet voting platform, with specific time slots designated for each [18][20]. - The voting process will require shareholders to choose between on-site and online voting, with only one method allowed per shareholder [7][10][20]. Group 4: Internal Regulation Revisions - The company has proposed revisions to several internal regulations, including rules for shareholder meetings, board meetings, and independent director systems, all of which have been approved by the board [29][30][41]. - The revised internal regulations will be submitted for approval at the upcoming extraordinary general meeting [2][41].

Group 1 - The company held its 16th meeting of the 8th Board of Directors on September 29, 2025, where all 5 directors were present, and the meeting complied with legal and regulatory requirements [2][3] - The Board approved the proposal to cancel the Supervisory Board and amend the Articles of Association, with the audit committee of the Board taking over the supervisory responsibilities [3][31] - The proposal to amend various governance systems was also approved, including the rules for shareholder meetings, board meetings, and management of external guarantees and investments [4][5][6] Group 2 - The company plans to hold its 2025 Third Extraordinary General Meeting on October 21, 2025, at 2:30 PM, with both on-site and online voting options available [10][15] - The meeting will require a two-thirds majority approval from shareholders present for certain proposals, including the amendments to the Articles of Association [17][18] - Shareholders must register for the meeting by October 17, 2025, and can participate either in person or through a proxy [19][21] Group 3 - The company will revise its Articles of Association to remove references to the Supervisory Board and make other necessary adjustments to comply with new regulations [31][32] - The amendments will include changes to terminology, such as replacing "shareholder meeting" with "general meeting" and adjusting voting thresholds [32][33] - The company emphasizes the importance of these changes for improving governance and compliance with legal standards [31][32]

Group 1 - The company held its second extraordinary general meeting of shareholders on September 29, 2025, at its headquarters in Jingzhou, Hubei Province [2] - All resolutions presented at the meeting were approved without any objections [2] - The meeting was conducted in accordance with the Company Law and the company's articles of association, utilizing both on-site and online voting methods [2][3] Group 2 - All nine current directors and five supervisors attended the meeting, along with the board secretary and some senior management personnel [3] - A total of twelve resolutions were discussed, all of which were passed, including the cancellation of the supervisory board and amendments to various internal regulations [4][5][6] - The resolutions that required special voting received more than two-thirds of the valid voting rights in favor [6] Group 3 - The meeting was witnessed by Beijing Kangda Law Firm, with lawyers confirming that all procedures and resolutions complied with legal and regulatory requirements [6]

Group 1 - The company will hold its first extraordinary general meeting of shareholders in 2025 on October 15 at 14:00 [2][55] - The meeting will be conducted using a combination of on-site and online voting methods [2][3] - The online voting system will be available on the day of the meeting from 9:15 to 15:00 [3][12] Group 2 - The meeting will review several proposals, including the reappointment of the accounting firm and the cancellation of the supervisory board [6][55] - The total fee for the 2025 financial report audit and internal control audit is set at RMB 1.15 million, which represents a 23.33% decrease from the previous year [18][57] - The company plans to eliminate the supervisory board, transferring its responsibilities to the audit committee of the board [22][79] Group 3 - The company will utilize a reminder service to ensure that minority investors are informed and can participate in the voting process [7] - Shareholders can register for the meeting either on-site or via email before the deadline [10][11] - The company has established specific voting procedures for different types of shareholders, including those holding multiple accounts [8][9]

Group 1 - The company announced an adjustment to the independent director's allowance, increasing the annual fixed allowance from 120,000 RMB (including tax) to 168,000 RMB (including tax), effective from January 1, 2025 [1][2][14] - This adjustment aims to enhance the diligence and responsibility of independent directors following the company's judicial reorganization, aligning with the company's long-term development needs [2][14] - The proposal for the adjustment was approved by the board of directors and will be submitted to the shareholders' meeting for final approval [2][15] Group 2 - The fourth board meeting of the company was held on September 29, 2025, with all nine directors present, and the meeting's procedures complied with relevant laws and regulations [5][6] - The board approved several proposals, including increasing expected daily related party transactions for 2025 with both controlling and other related parties, which will also be submitted to the shareholders' meeting for approval [6][10][35] - The company plans to hold the third extraordinary shareholders' meeting on October 15, 2025, to discuss the approved proposals [19][67]

Core Points - The company held its ninth board meeting on September 29, 2025, where several resolutions were passed, including the reappointment of the auditing firm and amendments to the company’s articles of association [1][2][4][6]. Group 1: Audit and Governance - The board approved the reappointment of Lixin Certified Public Accountants as the auditing firm for the 2025 fiscal year, with a total audit fee of RMB 1.55 million, which includes RMB 1.15 million for financial report auditing and RMB 0.4 million for internal control auditing [2][100]. - The company’s articles of association were amended to eliminate the supervisory board, transferring its responsibilities to the audit committee of the board [4][110]. - Various governance rules were revised, including those related to shareholder meetings, board meetings, independent director work, and information disclosure management [6][12][13][14][15][16][17][18][19][20][21][22][23][24][25][26][27][28][31]. Group 2: Asset Sale and Financial Impact - The company plans to sell its industrial park located at 183 Zhuzhou Road, Qingdao, to a related party for RMB 35.42 million, based on an asset appraisal [41][44]. - This transaction is expected to enhance the company's asset liquidity and is projected to increase pre-tax profits by approximately RMB 21 million for the fiscal year [66]. - The asset being sold has a book value of RMB 11.64 million, indicating a significant appreciation in value, with an increase rate of 204.29% based on the cost method appraisal [58]. Group 3: Management Changes - The board approved the appointment of a new board member, Yu Mingjie, whose term will align with the current board members [32][34]. - Li Huanjun was appointed as the vice president of the company, with her term also aligning with other senior management [35]. - The resignation of the former vice president, Zheng Peiwei, was accepted, and he will continue to serve in a related subsidiary [73][74]. Group 4: Upcoming Shareholder Meeting - The company will hold its first extraordinary general meeting of 2025 on October 17, 2025, where various resolutions will be voted on, including those related to the audit firm and governance changes [38][78]. - The meeting will utilize both on-site and online voting methods, with a registration date set for October 13, 2025 [78][79].

Group 1 - The company has released a new corporate charter aimed at improving governance structure and protecting the rights of stakeholders, including shareholders, employees, and creditors [1][2] - The company aims to become a global leader in liquid product packaging solutions, with a business scope that includes specialized equipment manufacturing, software development, and technical services [1] - The company has established strict rules regarding share issuance, repurchase, and transfer, allowing share buybacks only under specific circumstances and following proper procedures [1] Group 2 - The shareholders' meeting is the company's governing body, responsible for electing directors and reviewing profit distribution plans, with detailed regulations on the meeting's procedures [2] - The board of directors consists of seven members, including one employee representative and three independent directors, tasked with significant responsibilities such as convening shareholder meetings and executing resolutions [2] - The revised charter will help the company standardize operations and enhance governance, laying a solid foundation for long-term development [2]