Core Viewpoint - China National Freight Company plans to increase its stake in Antong Holdings Co., Ltd. with an investment ranging from 300 million to 600 million yuan within 12 months, utilizing its own funds [1][2]. Group 1: Board Meeting Decisions - The board meeting was held on July 31, 2025, with 11 directors present, and the meeting's procedures complied with relevant laws and regulations [1]. - The board approved a proposal for external investment and related party transactions, allowing the company to acquire shares in Antong Holdings [1][2]. - The proposal received unanimous support from the board, with 7 votes in favor and no opposition or abstentions [2]. Group 2: Internal Management Changes - The board unanimously agreed to revise the internal audit management system, with all 11 votes in favor [2]. - High Xiang was elected as a member of the board's Strategy and Sustainable Development Committee, maintaining the existing composition of the committee [2]. Group 3: Executive Profile - Gao Xiang, born in 1972, serves as the company's General Manager and Chief Digital Officer, with a background in various roles at China Civil Aviation Information Network Co., Ltd. before joining the company [3].