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 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]