Core Points - The company held its sixth board meeting of the fifth session on November 25, 2025, where several proposals were discussed and approved [3][4][6] - The board approved amendments to the company's articles of association, which will eliminate the supervisory board and transfer its powers to the audit committee [4][5] - A proposal for conducting futures hedging business was also approved to mitigate risks associated with raw material price fluctuations [14][20] Group 1: Board Meeting Details - The meeting was legally convened with all nine directors present, and it complied with relevant laws and regulations [3][4] - The board adopted a named voting method for decision-making [6] Group 2: Proposals Approved - The proposal to amend the articles of association was passed unanimously with 9 votes in favor [6] - The board also approved the establishment and revision of several internal management systems to enhance operational standards [7] - The proposal for futures hedging business was approved to stabilize product costs and reduce the impact of price volatility [14][20] Group 3: Upcoming Shareholder Meeting - The board agreed to convene the second extraordinary general meeting of shareholders on December 12, 2025, to discuss the approved proposals [9][31] - The meeting will allow both on-site and online voting, ensuring broader participation from shareholders [33][34]

Core Viewpoint - The board of directors of Huludao Zinc Industry Co., Ltd. convened a meeting to discuss and approve several key proposals related to futures hedging and related transactions for the years 2025 and 2026 [1][2][4][8]. Group 1: Futures Hedging Business - The board approved an increase in the futures hedging business quota for 2025 [2][3]. - The board also approved the proposal to conduct futures hedging business in 2026 [4][5]. - A feasibility analysis report for the futures hedging business was also approved [6][7]. Group 2: Related Transactions and Regulations - The board approved the expected ordinary related transactions for 2026, with related directors abstaining from the vote [8][9][10]. - The board approved the revision of the "Futures Hedging Business Management System" [10][11]. - The board approved the establishment of the "Information Disclosure Postponement and Exemption Management System" [12][13]. Group 3: Shareholder Meeting - The board approved the proposal to convene the second temporary shareholders' meeting of 2025 [14][15].

Group 1: Investor Relations Activities - The company participated in the "2025 Annual Shenzhen Listed Companies Investor Online Reception Day" on November 20, 2025 [1] - The event was held on the "Investor Relations Interactive Platform" [1] Group 2: Dividend Policy - The company aims to maintain a high dividend payout ratio, emphasizing long-term value creation and sustainable development for shareholders [2] Group 3: Production Capacity - Current production capacity utilization is operating efficiently across major product lines, with plans to further enhance capacity and operational efficiency [2] Group 4: Market Position and Competitive Advantage - The company holds a leading position in the domestic microelectronic welding materials sector, particularly in solder paste and flux, supported by advanced technology and stable product quality [2] Group 5: Supply Chain Management - The company does not rely on a single supplier for key raw materials like tin and silver, with no single supplier accounting for more than 50% of purchases from the top five suppliers in 2024 [2] - A multi-layered response mechanism is in place to manage raw material price fluctuations, including long-term partnerships with major tin mining companies and a product pricing mechanism linked to raw material costs [2] Group 6: Shareholder Actions - The controlling shareholder's planned reduction of holdings is the first since the company's listing, driven by personal financial needs, with no intention to affect stock prices [3]

Core Points - The company held its third extraordinary general meeting of shareholders in 2025, with no proposals being rejected during the meeting [1] - The meeting was conducted in compliance with relevant laws and regulations, ensuring the legitimacy of the proceedings [3][13] Group 1: Meeting Details - The meeting took place on November 13, 2025, with a combination of on-site and online voting [2][3] - A total of 1,443 shareholders participated, representing 830,231,545 shares, which is 31.1973% of the total voting shares [4] Group 2: Proposal Voting Results - Proposal 1: Election of a non-independent director was approved with 821,657,900 votes in favor, accounting for 98.9673% of the valid votes [6] - Proposal 2: The proposal to conduct futures hedging business was approved with 822,016,200 votes in favor, representing 99.0105% of the valid votes [8] - Proposal 3: The establishment of a management system for futures hedging business was also approved with 821,992,800 votes in favor, which is 99.0077% of the valid votes [10] Group 3: Legal Opinions - The legal opinion provided by Guangdong Jingde Law Firm confirmed that the meeting's procedures and voting results were in accordance with legal requirements [13]

Group 1 - The board of directors of Lvtian Machinery Co., Ltd. held its 14th meeting of the 6th session, with all 7 directors present, ensuring the legality and validity of the meeting [1] - The board approved the 2025 semi-annual report and its summary, which were reviewed by the audit committee [1] - The board also approved a feasibility analysis report for conducting futures hedging business, with unanimous support from all directors [2]

Group 1 - The stock price of Zhongtai Chemical (002092) closed at 4.64 yuan on July 4, 2025, down by 0.64%, with a turnover rate of 0.92% and a trading volume of 238,200 shares, amounting to a transaction value of 111 million yuan [1]. - On July 4, 2025, the capital flow for Zhongtai Chemical showed a net outflow of 199,500 yuan from main funds, a net outflow of 2.8238 million yuan from speculative funds, and a net inflow of 3.0233 million yuan from retail investors [1][3]. - The eighth board meeting of Zhongtai Chemical on July 4, 2025, elected Mr. Huang Xiaohu as the chairman of the board and approved the continuation of futures hedging business [1][3]. Group 2 - The second extraordinary general meeting of shareholders was held on July 4, 2025, with 573 shareholders present, representing 812,368,445 shares, or 31.3653% of the total shares [2]. - The meeting approved the election of Mr. Huang Xiaohu and Mr. Xu Pengfei as non-independent directors [2][3]. - The legal opinion from Shaanxi Jiaxuan Law Firm confirmed the legality and validity of the meeting [2].

Core Points - The company held its fifth supervisory board's second meeting on March 14, 2025, with all three supervisors present, and the meeting complied with relevant laws and regulations [1] - The supervisory board approved several key reports and proposals, including the 2024 annual work report, annual financial settlement report, corporate social responsibility report, and internal control evaluation report, all requiring shareholder meeting approval [2][3][4] Summary by Category Supervisory Board Reports - The supervisory board approved the 2024 annual work report with a unanimous vote of 3 in favor [1] - The 2024 annual report and its summary were also approved, confirming that the report accurately reflects the company's operational status [2] - The 2024 annual financial settlement report received unanimous approval [2] Financial and Operational Proposals - The board approved the 2024 annual corporate social responsibility report, which is available on the Shanghai Stock Exchange website [2] - The internal control evaluation report was also approved, with details accessible through the company's designated information disclosure media [3] Credit and Asset Impairment - The board approved a proposal regarding the provision for credit impairment losses and asset impairment losses, affirming its compliance with accounting standards and reflecting the company's financial situation [3] Related Party Transactions - The board approved expected related party transactions for 2025, including procurement of materials and services from related parties, with total amounts specified [4][5] - The company plans to renew an office lease with a related party for a total of 2 years at an annual rent of 1.2 million RMB [5] Risk Management - The board approved a proposal to conduct futures hedging business for 2025, aimed at reducing raw material price risks [6] Profit Distribution - The proposed profit distribution plan for 2024 includes a cash dividend of 0.868 RMB per 10 shares, totaling approximately 29.44 million RMB, which represents 30% of the net profit [7] - The board seeks authorization to establish a mid-term cash dividend plan for 2025, contingent on profit distribution conditions [7] Auditor Appointment - The supervisory board proposed to reappoint Deloitte Huayong as the auditing firm for 2025, with an annual audit fee of 1.2 million RMB [8]