Core Points - The company held its third extraordinary general meeting of shareholders on October 23, 2025, combining on-site and online voting methods [1][3][7] - A total of 405 shareholders and authorized representatives participated, representing 319,711,622 shares with voting rights, accounting for 37.6846% of the total voting shares [3][4] Proposal Voting Results - The proposal to repurchase and cancel 156,000 restricted stock options held by 10 individuals who terminated their labor relations with the company was approved, with 318,134,708 shares in favor, representing 99.5068% of valid votes [8] - The proposal to reduce registered capital and amend the Articles of Association was also approved, with 313,596,110 shares in favor, accounting for 98.0872% of valid votes [9] - The proposal to revise the rules for shareholder meetings received 317,676,308 votes in favor, representing 99.3634% [10] - The proposal to amend the rules for board meetings was approved with 317,599,408 votes in favor, accounting for 99.3393% [11] - The proposal to revise the independent director work system was approved with 317,595,908 votes in favor, representing 99.3382% [12] - The proposal to amend the fundraising management system received 317,625,908 votes in favor, accounting for 99.3476% [13] - The election of Gu Liping as a director of the company was approved with 317,585,308 votes in favor, representing 99.3349% [15] Legal Opinion - The meeting was witnessed by lawyers from Shandong Songmao Law Firm, who confirmed that the meeting's convening, holding, and voting procedures complied with relevant laws and regulations [16] Documents for Reference - The resolutions of the shareholders' meeting signed by attending directors and the legal opinion from Shandong Songmao Law Firm are available for review [17]

Core Viewpoint - The company has convened a board meeting to approve several significant resolutions, including a reduction in registered capital, amendments to the articles of association, and the cancellation of the supervisory board, which will be submitted for shareholder approval at the upcoming extraordinary general meeting [6][31]. Group 1: Board Meeting Details - The board meeting was held on October 10, 2025, via communication voting, with all 11 directors present [4][5]. - The meeting was chaired by the company's chairman, Mr. Liao Zengtai, with some senior executives and supervisors in attendance [5]. Group 2: Resolutions Passed - The board approved the proposal to reduce registered capital and amend the articles of association, with unanimous support (11 votes in favor) [6]. - The board also approved amendments to the rules of procedure for shareholder meetings, board meetings, information disclosure management, and insider information management, all receiving unanimous support [7][9][11][12][13][14]. - A resolution to convene the company's first extraordinary general meeting of 2025 was also passed unanimously [14]. Group 3: Upcoming Extraordinary General Meeting - The extraordinary general meeting is scheduled for October 28, 2025, at 14:30, to be held at the company's headquarters in Yantai, Shandong Province [17][18]. - Voting will be conducted through a combination of on-site and online methods, utilizing the Shanghai Stock Exchange's voting system [18][21]. - Shareholders must register to attend the meeting, with specific registration procedures outlined [25][26].

Group 1 - The company will hold its first extraordinary general meeting of shareholders in 2025 on October 28 at 14:30 [2][10] - The meeting will be conducted using a combination of on-site and online voting methods [2][3] - The online voting system will be the Shanghai Stock Exchange's shareholder meeting online voting system, available from 9:15 to 15:00 on the day of the meeting [3][4] Group 2 - The board of directors has approved several resolutions, including a proposal to reduce registered capital and amend the company's articles of association [25][35] - The company has completed a share repurchase plan, acquiring 9,275,000 shares, which is 0.30% of the total share capital, at an average price of 53.90 yuan per share [37][36] - The registered capital will be reduced from 3,139,746,626 yuan to 3,130,471,626 yuan following the share repurchase [37][38] Group 3 - The company will no longer have a supervisory board, with its responsibilities being transferred to the audit and compliance management committee of the board [38][39] - The amendments to the articles of association will include the removal of all references to the supervisory board and related terms [39][40] - The company aims to enhance governance standards and protect investors' rights through these changes [38]

Financial Data and Key Metrics Changes - The company reported a total of 4,214,520 votes cast, representing approximately 22.6% of the total votes [2] - Preliminary voting results showed 2,704,804 votes in favor and 1,459,002 against the proposal to increase authorized share capital [7] Business Line Data and Key Metrics Changes - The company proposed an increase in authorized share capital from $50,000 divided into 25 million ordinary shares to $500,000 divided into 250 million ordinary shares [5] Market Data and Key Metrics Changes - No specific market data or key metrics changes were discussed during the meeting Company Strategy and Development Direction and Industry Competition - The company aims to amend its memorandum and articles of association to reflect the share capital increase, indicating a strategic move to enhance its financial flexibility [6] Management's Comments on Operating Environment and Future Outlook - Management did not provide specific comments on the operating environment or future outlook during this meeting Other Important Information - The company intends to submit a report on SEC Form 6-K to report the final voting results of the meeting within four business days [8] Q&A Session All Questions and Answers - No Q&A session was recorded in the provided documents

Core Points - The company held its 18th meeting of the 11th Board of Directors on September 29, 2025, where several resolutions were passed, including the repurchase and cancellation of part of the restricted stock [1][29] - The company plans to reduce its registered capital and amend its articles of association, including the cancellation of the supervisory board, which will be replaced by the audit committee of the board [3][49] - The repurchase of 156,000 shares of restricted stock is part of the 2022 incentive plan, with the total share capital decreasing from 857,213,183 shares to 857,057,183 shares after the repurchase [27][39] Group 1 - The Board of Directors approved the repurchase and cancellation of 156,000 shares of restricted stock, which is necessary due to the departure of certain incentive plan participants [24][38] - The company will hold a temporary shareholders' meeting on October 23, 2025, to approve the resolutions passed by the Board [20][21] - The repurchase price for the restricted stock is set at 8.60 yuan per share, with the total repurchase amount estimated at approximately 1.3625 million yuan [40][41] Group 2 - The supervisory board will be abolished, and its functions will be transferred to the audit committee of the board, with relevant amendments to the articles of association [3][49] - The company will modify its governance documents to reflect the changes in the supervisory structure and ensure compliance with the new regulations [50][51] - The company expressed gratitude to the current supervisory board members for their contributions during their tenure [49]

Core Viewpoint - The company held its 8th meeting of the 9th Supervisory Board, where significant resolutions were made regarding the approval of the 2025 semi-annual report and the decision to abolish the Supervisory Board, transferring its responsibilities to the Audit Committee of the Board of Directors [1][2]. Group 1: Meeting Details - The meeting was convened on August 21, 2025, with all three supervisors present, ensuring compliance with the Company Law and the company's articles of association [1]. - The meeting was chaired by Mr. Chen Yimin, the chairman of the Supervisory Board [1]. Group 2: Resolutions Passed - The Supervisory Board approved the 2025 semi-annual report and its summary, confirming that the report accurately reflects the company's operational and financial status [1]. - The resolution to abolish the Supervisory Board and amend the company's articles of association was passed, citing compliance with the latest Company Law and the necessity for organizational adjustments [2]. - The decision to abolish the Supervisory Board will be submitted for approval at the company's shareholders' meeting [2].

Group 1 - The company reported a net profit of CNY 1,219,647,330.55 for the first half of 2025, with a proposed cash dividend of CNY 4.00 per 10 shares [2][3] - After deducting the legal surplus reserve of 10%, the distributable profit for shareholders amounts to CNY 3,847,387,134.52 [2] - The total share capital will decrease from 2,429,262,930 shares to 2,429,119,230 shares due to the repurchase and cancellation of 143,700 restricted stocks [2][3] Group 2 - The company plans to amend its articles of association to reflect changes in registered capital and share structure due to the repurchase of restricted stocks and the reduction of shares held by the founding shareholder, Weihua Electronics Co., Ltd. [3][4] - As of June 30, 2025, Weihua Electronics Co., Ltd. has reduced its holdings by 11,750,800 shares [3] - The amendments to the articles of association will maintain all other provisions unchanged [4]

Core Viewpoint - The company is holding its second extraordinary general meeting of shareholders in 2025 to discuss several key proposals, including providing guarantees for subsidiaries, renewing the accounting firm, and amending the company’s articles of association [1][5][6]. Group 1: Guarantee Proposals - Proposal 1 involves providing a guarantee for the subsidiary, Tibet Tianying Highway Technology Development Co., Ltd., with a total guarantee amount not exceeding 5 million RMB, with a guarantee fee of 1% [1][4]. - The subsidiary has a registered capital of 14 million RMB and is engaged in various engineering services [2]. - The financial data for the subsidiary shows total assets of approximately 56 million RMB and a net profit of 375,111 RMB as of December 31, 2024, with a significant loss of over 5.5 million RMB for the first quarter of 2025 [4]. Group 2: Accounting Firm Renewal - Proposal 2 is to renew the appointment of the accounting firm, Shinewing Certified Public Accountants, for the fiscal year 2025, with no change in audit fees compared to 2024 [5]. Group 3: Amendments to Articles of Association - Proposal 3 seeks to amend the company’s articles of association to align with internal party regulations regarding the structure and number of committee members [6][7]. - The amendments include changes to the election process and the number of committee members, which will require approval from two-thirds of the voting shareholders [9]. Group 4: Additional Guarantee Proposal - Proposal 4 involves a guarantee for the company’s holding subsidiary, Chongqing Zhongjiao Recycled Resources Development Co., Ltd., for a loan not exceeding 80 million RMB, with specific terms for loan distribution and interest rates [11]. - The subsidiary has a registered capital of approximately 14.48 million RMB and reported total assets of about 1.83 billion RMB as of December 31, 2024, with a net loss of nearly 90 million RMB [12].

Group 1 - The board of directors of Liaoning Times Wan Heng Co., Ltd. held its 30th meeting of the 8th session on June 6, 2025, via communication methods, with all 7 directors present, meeting legal and statutory requirements [1] - The board approved the nomination of 4 non-independent director candidates for the 9th board, proposed by the controlling shareholder, which requires shareholder meeting approval using a cumulative voting system [1] - The board also approved the nomination of 3 independent director candidates for the 9th board, which also requires shareholder meeting approval using a cumulative voting system [2] Group 2 - The board agreed to amend the company's articles of association and related rules, with certain amendments requiring shareholder meeting approval before taking effect [2] - The voting results for all proposals were unanimous, with 7 votes in favor and no votes against or abstentions [1][2]