Core Points - The board of directors of Wangsu Technology Co., Ltd. held its 27th meeting on August 14, 2025, to review and approve several key proposals related to the company's financial performance and operational activities [1][2]. Financial Performance - The company reported a total operating income of 786.13 million yuan, representing a year-on-year increase of 7.71% [1]. - The net profit attributable to shareholders of the listed company was 372.51 million yuan, showing a year-on-year growth of 25.33% [1]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 261.40 million yuan, reflecting a year-on-year increase of 22.53% [1]. Board Resolutions - The board unanimously approved the 2025 semi-annual report and its summary, confirming that the report accurately reflects the company's financial status and operational results [2]. - A special report on the storage and use of raised funds for the first half of 2025 was also approved [2]. - The board agreed to provide guarantees for its wholly-owned subsidiary, Shanghai Yunshu Technology Co., Ltd., for a loan application to Shanghai Bank, with a total guarantee amount not exceeding 30 million yuan [3]. - The company decided to apply for a credit limit of 30 million yuan from Ningbo Bank, with the credit being renewable within a one-year term [3].

Group 1 - The company has approved the 2025 interim profit distribution plan, proposing a cash dividend of 1.76 yuan per 10 shares, totaling approximately 60.54 million yuan [3][8][64] - The profit distribution plan is designed to balance immediate shareholder interests with the company's long-term development needs, ensuring sustainable growth [4][5][39] - The company's net profit for the first half of 2025 is reported at approximately 180.98 million yuan, with a distributable profit of about 121.71 million yuan [7][8] Group 2 - The company has approved a low-risk credit limit application of 47 million USD for its wholly-owned subsidiary in Hong Kong to facilitate international trade [11][13][67] - The credit limit will be used for opening international letters of credit and subsequent financing, enhancing the subsidiary's operational capabilities [11][13] - The approval process for this credit application does not require shareholder meeting consent, as it falls within the board's authority [12][14] Group 3 - The company has revised its governance structure, increasing the number of non-independent directors from 4 to 5, while maintaining 3 independent directors [21][57] - The board's decision aims to improve governance and ensure effective implementation of the company's long-term strategic plans [21][57] - The appointment of a new non-independent director, Ms. Pu Wenting, has been proposed, pending shareholder approval [21][22][57] Group 4 - The company has conducted a special report on the management and use of raised funds, confirming compliance with regulatory requirements [24][36] - As of June 30, 2025, the company has utilized approximately 709.38 million yuan of the raised funds, with a remaining balance of about 50,934.75 yuan [26][27] - The company has established a dedicated management system for raised funds, ensuring proper oversight and compliance with regulations [27][28]

Core Points - The company held its 10th meeting of the 4th Board of Directors, where all 7 directors were present and voted unanimously in favor of the proposals presented [1][3][4] - The company plans to revise its governance rules, including the "Rules for Shareholders' Meetings" and "Rules for Board Meetings," to enhance operational efficiency and decision-making [2][4] - The company proposed to appoint Ms. Pu Wenting as a non-independent director, pending approval at the upcoming shareholders' meeting [3] - A profit distribution plan was approved, proposing a cash dividend of RMB 1.76 per 10 shares, based on a total share capital of 343,968,305 shares [4] - The company approved a low-risk credit limit of USD 47 million for its wholly-owned subsidiary, Dao Dao Quan (Hong Kong) Co., Ltd., to support its operational needs [5] Summary by Sections Board Meeting Decisions - The 10th meeting of the 4th Board of Directors was conducted with all members present, resulting in unanimous approval of the proposals [1] - The meeting's resolutions are to be submitted for review at the second extraordinary shareholders' meeting of 2025 [5] Governance Revisions - The company intends to amend its internal governance documents to align with business development needs and regulatory requirements [2] Director Appointment - Ms. Pu Wenting is nominated as a non-independent director, with the election to be confirmed at the shareholders' meeting [3] Profit Distribution - The company plans to distribute a cash dividend of RMB 1.76 per 10 shares, with no capital reserve conversion or stock dividends [4] Credit Facility Approval - Approval was granted for a USD 47 million credit limit for Dao Dao Quan (Hong Kong) to facilitate international trade financing [5]

Core Viewpoint - The supervisory board of Daodaoquan Grain and Oil Co., Ltd. has approved the 2025 semi-annual report, confirming its compliance with legal and regulatory requirements, and ensuring the report accurately reflects the company's financial status and operational results [1][2]. Group 1: Meeting Proceedings - The fourth supervisory board meeting was held on July 30, 2025, with all three supervisors present, and the meeting followed legal procedures [1]. - The supervisory board reviewed the 2025 semi-annual report and found it to be true, accurate, and complete, with no false statements or omissions [1][2]. Group 2: Fund Management - The supervisory board confirmed that the company has strictly followed legal procedures in approving and disclosing the use of raised funds, with no significant risks identified [2]. - The management and use of raised funds complied with the "Management System for the Use of Raised Funds," ensuring no harm to shareholders or the company [2]. Group 3: Profit Distribution - The proposed profit distribution plan for the first half of 2025 aligns with the company's articles of association and cash dividend policy, and the decision-making process was legal and compliant [2][3]. - The supervisory board agreed to the profit distribution plan, which is beneficial for the company's sustainable development [2]. Group 4: Credit Facility - The supervisory board approved a low-risk credit facility of USD 47 million for its wholly-owned subsidiary, Daodaoquan Grain and Oil (Hong Kong) Co., Ltd., to support its operational needs [3].

Group 1 - The company, Beijing Huada Jiutian Technology Co., Ltd., is primarily engaged in the development, sales, and related services of EDA tools for integrated circuit design, manufacturing, and packaging [5][6] - The company has introduced several new EDA tools during the reporting period, including the PyAether ecosystem, ADA for parasitic parameter analysis, and Optimus for optical proximity correction [6] - The company has a profit distribution plan approved by the board, proposing a cash dividend of 1.50 yuan per 10 shares, based on a total of 542,941,768 shares [4] Group 2 - The company has not changed its accounting firm during the reporting period, maintaining its relationship with Daixin Accounting Firm [3] - The company reported no need for retrospective adjustments or restatements of previous financial data [6] - The company has disclosed its major accounting data and financial indicators for the past three years, confirming no significant discrepancies with previously disclosed quarterly or semi-annual reports [6] Group 3 - The company has approved a proposal for expected daily related transactions for 2025, which includes purchasing goods and services from related parties [67] - The company has engaged in related transactions with Nanjing Integrated Circuit Design Service Industry Innovation Center, totaling 194.69 million yuan, which was not initially anticipated [8][9] - The company has established relationships with several related parties, including China Electronics Corporation, which is its actual controller [10][11]