Core Points - The company held its ninth board meeting on August 21, 2025, where all seven directors were present and the meeting complied with legal and regulatory requirements [1] - The board approved the 2025 semi-annual report and its summary, which will be disclosed on August 23, 2025 [1] - A risk assessment report regarding Jiangsu Phoenix Publishing and Media Group Financial Co., Ltd. was approved, with four votes in favor [2] - The company proposed to abolish the supervisory board and amend its articles of association and related rules to enhance governance and compliance with updated laws [2][3] - The revised governance documents will be submitted for approval at the shareholders' meeting [3] - The company appointed Wang Qing as the new vice president and financial director following the resignation of Yan Shuyun [5][6] - A notice for the 2025 first extraordinary shareholders' meeting was also approved [6]