Core Viewpoint - The independent directors of Xinjiang Baodi Mining Co., Ltd. have reviewed and approved the company's proposed transaction involving the issuance of shares and cash payment for asset acquisition, along with fundraising for related transactions, ensuring compliance with legal and regulatory requirements [1][2][3] Group 1 - The fourth special meeting of the independent directors was held on July 1, 2025, with all three independent directors present [1] - The audit firm Daixin Certified Public Accountants conducted a special audit of the target assets and issued relevant audit reports, which were approved by the independent directors [1][2] - The company revised its draft report on the transaction based on the audit findings and the latest circumstances, which was also approved by the independent directors [2] Group 2 - The company analyzed the impact of the transaction on immediate return dilution and established measures to compensate for this dilution, with commitments from directors and major shareholders to ensure these measures are implemented [2] - The relevant resolutions regarding the audit extension of the transaction have been pre-approved by the independent directors and subsequently passed by the company's board of directors [2][3] - The overall arrangement of the transaction audit extension complies with national laws and regulations, ensuring fairness and protecting the interests of all shareholders [3]