Group 1 - The core point of the article is the announcement of the second extraordinary general meeting of shareholders of Yingfeng Environmental Technology Group Co., Ltd., which was held on December 29, 2025, with all resolutions passed by the shareholders [1][2][41]. - The meeting was conducted both in-person and via online voting, with the in-person meeting held at the company's headquarters in Foshan, Guangdong Province [3][4]. - A total of 157 shareholders participated in the online voting, representing 2,051,536,634 shares, which accounts for 64.7797% of the total voting shares [5]. Group 2 - The meeting had no on-site attendees, and all votes were cast online [4]. - The resolutions passed included amendments to the company's articles of association, with 1,610,747,184 shares (78.5142%) in favor [9]. - The company also approved the re-establishment of several governance rules, including the rules for shareholder meetings and board meetings, with over 98% approval for each [12][15]. Group 3 - The company passed a resolution to abolish certain governance systems, with 99.9658% of votes in favor [34]. - A resolution to increase the guarantee limit for subsidiaries was also approved, with 99.9649% of votes in favor [38]. - The legal opinion provided by Zhejiang Tianche Law Firm confirmed that the meeting's procedures and voting were in compliance with legal and regulatory requirements [41].

Summary of Key Points Core Viewpoint - Dongli Machinery plans to adjust the guarantee limits for its wholly-owned subsidiaries to support their operational funding needs, increasing the guarantee limit for subsidiaries with a debt-to-asset ratio below 70% from 200 million RMB to 300 million RMB, and for those above 70% based on the latest audited total assets [1][2]. Group 1: Guarantee Situation Overview - Dongli Machinery intends to apply for financing up to 400 million RMB from banks, covering various financing types including working capital loans and project loans [1]. - The main guarantee methods include pledging intangible assets and the parent company guaranteeing its wholly-owned subsidiaries [1]. - The effective period for the financing and guarantee application is 12 months from the board's approval date [1]. Group 2: Adjusted Guarantee Limits - The adjusted guarantee limit for subsidiaries with a debt-to-asset ratio below 70% is now set at 300 million RMB, while the limit for those above 70% will be based on 30% of the latest audited total assets [2]. - The adjustments require shareholder meeting approval, while other contents of the guarantee proposal remain unchanged [2]. Group 3: Financial Overview of Subsidiaries - As of the latest financial reports, the total assets and liabilities of the subsidiaries are as follows: - Shandong Anoda Automotive Parts Manufacturing Co., Ltd.: Total assets of 641.51 million RMB, total liabilities of 142.81 million RMB, and net assets of 502.32 million RMB [5]. - Dongli Deutschland GmbH: Total assets of 982.81 million RMB, total liabilities of 909.69 million RMB, and net assets of 73.13 million RMB [6]. - Hebei Anoda Automotive Shock Absorber Manufacturing Co., Ltd.: Established in February 2023 with a registered capital of 10 million RMB [6][7]. Group 4: Board of Directors' Opinion - The board believes that the adjustment of the guarantee limits will help meet the funding needs of wholly-owned subsidiaries and promote their operational development [8]. - The subsidiaries are performing well, and the guarantee risks are considered controllable, ensuring no harm to the company's or minority shareholders' interests [8]. Group 5: Cumulative Guarantee and Overdue Guarantee - As of the announcement date, the total external guarantees approved within the last 12 months amount to 460 million RMB, representing 50.41% of the latest audited net assets [8]. - The balance of guarantees provided is 101.20 million RMB, accounting for 11.09% of the latest audited net assets, all of which are guarantees for wholly-owned subsidiaries [8].

Meeting Overview - The 14th meeting of the third Supervisory Board of Xinghui Environmental Materials Co., Ltd. was held on March 26, 2025, with all three supervisors present [1] - The meeting was convened in accordance with relevant laws and company regulations [1] Resolutions Passed - The Supervisory Board approved the adjustment of the guarantee limit provided to subsidiaries from RMB 1.5 billion to RMB 2 billion, which is intended to support the subsidiaries' daily operations and aligns with the company's overall development strategy [1] - The resolution received unanimous support with 3 votes in favor, 0 against, and 0 abstentions, and will be submitted to the shareholders' meeting for further approval [2] Cash Management Adjustment - The Supervisory Board also approved the adjustment of the limit for using idle raised funds and self-owned funds for cash management, aimed at improving fund utilization efficiency and investment returns without altering the intended use of the raised funds [4] - This resolution also received unanimous support with 3 votes in favor, 0 against, and 0 abstentions, and will be submitted to the shareholders' meeting for further approval [2]