Group 1 - The company held its 58th meeting of the 8th Board of Directors on June 20, 2025, via remote voting, with all 8 directors participating [1][2] - The board approved the continuation of the bill pool business, allowing the company and its wholly-owned subsidiaries to engage with reputable domestic banks within a limit of 1.2 billion RMB for a period of 12 months [1][2] - The board authorized the chairman (or an authorized agent) to make operational decisions regarding the bill pool business, including selecting partner banks and determining specific limits and guarantees [2] Group 2 - The board also approved the establishment of two new fundraising special accounts at Nanyang Commercial Bank (China) Co., Ltd. Shenzhen Branch to enhance the management efficiency of raised funds [2] - The new accounts will be exclusively used for storing and managing the company's raised funds, with no other purposes allowed [2] - The company will sign a new tripartite supervision agreement with the opening banks and sponsors regarding the new fundraising accounts and fulfill its information disclosure obligations [2]

Group 1 - The company has approved the establishment of a bill pool business with a total limit of up to RMB 700 million, which will be used for managing commercial bills and financing through collaboration with domestic commercial banks [1][2] - The bill pool business aims to reduce the management costs associated with bills, improve the efficiency of liquid assets, and maximize shareholder equity by optimizing the financial structure and increasing fund utilization [2][3] - The company will implement risk control measures by establishing a dedicated team to manage the bill pool, track the status of bills, and ensure the safety and liquidity of the bills in the pool [3][4] Group 2 - The company and its subsidiaries can utilize the bill pool's pledged amount, and if their own pledged amount is insufficient, they can apply to use the pledged amounts of other members within the pool [2] - The bill pool business will be valid for one year from the date of board approval, and the maximum guarantee amount for the bill pool will not exceed RMB 700 million [2][3] - The company will select qualified commercial banks based on their service capabilities and the nature of the partnership for the bill pool business [2][3]

Group 1 - The board of directors of Jiangsu Lidao New Materials Co., Ltd. held its 16th meeting on June 23, 2025, with all 9 directors present, and the meeting was conducted in accordance with legal regulations [1] - The board approved the company and its subsidiaries to engage in a bill pool business with domestic commercial banks, with a maximum balance of RMB 700 million [1] - The board also approved several amendments to the company's governance documents, including the Articles of Association, and the cancellation of the supervisory board, which will be submitted for approval at the 2025 first extraordinary general meeting [2][3] Group 2 - The board approved the revision of the Rules of Procedure for Shareholders' Meetings, the Rules of Procedure for Board Meetings, and the Management Measures for the Use of Raised Funds, all requiring approval at the upcoming extraordinary general meeting [2][3] - The board also approved the revision of the Audit Committee Working Rules and the election of members for the board's specialized committees, with all votes in favor [3][4] - The company plans to hold the 2025 first extraordinary general meeting on July 11, 2025 [3]

Group 1 - The company Wuhan Feien Microelectronics Co., Ltd. specializes in the design, manufacturing, and sales of pressure sensors, tire pressure monitoring systems, MEMS products, electronic and optoelectronic products, and automotive components [1] - The company Zhejiang Cuizhan Microelectronics Co., Ltd. focuses on the sales and design of integrated circuits, semiconductor devices, and electronic materials [2] - The company has a registered capital of 59.81 million RMB and is involved in various electronic and software services [2] Group 2 - Ningbo Tianlong Electronics Co., Ltd. plans to use idle funds for entrusted wealth management, with a maximum daily balance of 400 million RMB [8][11] - The company aims to enhance the value of idle funds while ensuring normal business operations and liquidity [10][15] - The board of directors has approved the wealth management plan, which does not require shareholder meeting approval [12] Group 3 - The company intends to engage in foreign exchange derivative transactions to mitigate exchange rate risks, with a cumulative limit of 20 million USD [18][20] - The transactions will include forward foreign exchange contracts and options, focusing on risk management rather than speculative trading [22][24] - The board has approved the foreign exchange derivative trading plan, which is valid for 12 months [24] Group 4 - The company has announced a ticket pool business with a maximum balance of 200 million RMB, aimed at optimizing cash flow management [39][42] - The ticket pool will be managed by a reputable commercial bank, providing services such as verification and collection [39][41] - The board has authorized the chairman to execute necessary agreements for the ticket pool business, pending shareholder approval [48] Group 5 - The company has reported a total impairment provision of 13.47 million RMB for the year 2024, reflecting a cautious approach to asset valuation [51][56] - The impairment includes provisions for credit losses on receivables and inventory write-downs [52][53] - The audit committee supports the impairment provisions, stating they align with accounting standards and do not harm shareholder interests [57]