Group 1 - The board meeting of Ningxia Dongfang Tantalum Industry Co., Ltd. was held on November 28, 2025, with all 9 directors present, complying with legal and regulatory requirements [2] - The board approved the revision of the "Information Disclosure Management System" with unanimous support [2] - The board approved the revision of the "Board Authorization Management Measures" with unanimous support [3] Group 2 - The board approved a proposal to apply for a medium to long-term loan not exceeding 277 million yuan (approximately 2.77 billion yuan) from financial institutions to support the company's strategic development and ensure normal cash flow [4] - The loan will have a term of 1 to 5 years and will be subject to the prevailing Loan Prime Rate (LPR) [4] - The loan amount is valid for one year from the date of board approval and can be reused within this period [4]

Core Viewpoint - The company reported a total of 15,187.650 billion yuan in new contracts signed from the beginning of the year to the end of the reporting period, achieving 49.63% of the annual plan, with a year-on-year growth of 3.08% [7][8]. Financial Data - The company’s new contracts in the domestic market amounted to 13,139.441 billion yuan, accounting for 86.51% of the total new contracts, which represents a year-on-year decrease of 3.96% [7]. - The overseas business new contracts reached 2,048.209 billion yuan, making up 13.49% of the total, with a significant year-on-year increase of 94.52% [7]. - As of September 30, 2025, the total uncompleted contracts amounted to 80,980.449 billion yuan, with domestic uncompleted contracts at 65,056.394 billion yuan (80.34%) and overseas uncompleted contracts at 15,924.055 billion yuan (19.66%) [7]. Shareholder Information - The total number of shareholders holding ordinary shares and the number of preferred shareholders with restored voting rights were not applicable for this report [6]. - HKSCC Nominees Limited held 2,063,102,565 shares, representing multiple clients, with details on share pledges and freezes not disclosed [6]. Related Party Transactions - The company’s board approved the renewal of the "Housing Lease Framework Agreement" with its controlling shareholder, China Railway Construction Corporation, for the period from January 1, 2026, to December 31, 2026, with a proposed transaction cap of 200 million yuan for 2026 [12][32]. - The rental prices will be determined based on market rates, ensuring fair pricing and compliance with relevant regulations [19][25]. Board Meeting Resolutions - The sixth board meeting approved the third-quarter report for 2025, with unanimous support from all attending directors [29][30]. - The board also approved the acquisition of minority stakes in several subsidiaries, including China Railway 11th Bureau Group and China Railway Construction Group, with total acquisition costs amounting to 1.08 billion yuan [35].

Core Viewpoint - The article outlines the authorization management measures of Shandong Xinhua Medical Equipment Co., Ltd., aimed at improving corporate governance, enhancing operational efficiency, and ensuring compliance with legal regulations [2][3]. Chapter 1: General Principles - The authorization management is defined as the delegation of certain decision-making powers from the board of directors to the management team, within legal and regulatory limits [3]. - The board secretary assists in the authorization management work, with the securities department responsible for implementation and professional support [3]. Chapter 2: Basic Scope of Authorization - The board must consider various factors such as company strategy, operational status, and risk control when determining the scope and limits of authorization [4]. - Certain powers, such as convening shareholder meetings and approving major financial decisions, cannot be delegated to the management [4][5]. Chapter 3: Basic Procedures for Authorization - The authorization decision plan must specify objectives, authorized parties, limits, and operational requirements, and should be approved by the board after discussion [8]. - The management must report progress on long-term authorization matters to the board [10]. Chapter 4: Supervision and Changes - The board retains responsibility for monitoring the execution of authorized powers and must conduct regular evaluations [13]. - The board can adjust or revoke authorizations based on performance, risk management, or changes in circumstances [14][15]. Chapter 5: Responsibilities - The board is responsible for ensuring proper authorization management and must correct any improper actions by authorized parties [17]. - Authorized individuals must act within their limits and protect the interests of shareholders and the company [19]. Chapter 6: Supplementary Provisions - The board is responsible for interpreting the authorization management measures, which take effect upon approval [21][22]. Authorization List for the Management - The management is responsible for daily operations under the board's leadership and can make decisions on specific matters within the authorized limits [11]. - The management can decide on asset write-offs, internal financing, and other operational matters, provided they stay within the defined thresholds [12].

Core Points - The document outlines the authorization management system of Jilin Expressway Co., Ltd. to enhance decision-making efficiency and promote the company's reform and development [1][2] Group 1: General Principles - The authorization refers to the delegation of powers from the board of directors to the chairman, general manager, or other authorized individuals within legal and regulatory frameworks [2] - The basic principles of authorization management include prudent authorization, classification of authorization, timely adjustment, and effective supervision [2][3] Group 2: Authorization Scope - The board can delegate certain powers to the chairman, general manager, or other authorized individuals based on the company's operational needs [3][4] - Authorization is categorized into regular and temporary authorization, with specific conditions for each type [3][4] Group 3: Authorization Procedures - The authorization plan must be drafted by the board secretary and should clearly define the purpose, objects, matters, limits, and duration of the authorization [5][6] - In special circumstances, temporary authorization requires written documentation detailing the background, objects, matters, conditions, and duration [5][6] Group 4: Authorization Supervision - The board is responsible for regularly monitoring the decision-making and execution of authorized matters, ensuring dynamic management of the authorization [6][7] - Adjustments to the authorization may be necessary based on the quality of decisions, management levels, or external changes [6][7] Group 5: Authorization Responsibilities - The board holds the responsibility for regulating authorization management and must address any improper actions by authorized individuals [8][9] - Authorized individuals must act within their delegated powers and are accountable for any decisions that lead to significant losses or adverse outcomes [8][9]

Core Points - The company has established a management authorization system to enhance operational efficiency and ensure compliance with relevant laws and regulations [1][2][4] - The authorization includes the delegation of certain powers to the chairman and general manager, with strict controls to prevent overstepping the authority granted by the shareholders [1][3] - The board of directors is responsible for monitoring the execution of authorized powers and can adjust or revoke these powers based on changes in internal and external conditions [3][4] Group 1 - The management authorization system is designed to align with the company's operational needs and legal requirements [1][2] - The board of directors has the authority to make decisions on significant matters such as asset acquisitions, disposals, and external guarantees [1][2] - Regular assessments and adjustments of the authorization scope and standards are mandated to ensure effective risk management [3][4] Group 2 - The company emphasizes the importance of accountability, requiring authorized individuals to report on the execution of their decisions and any significant changes [2][4] - In cases of improper exercise of authority, corrective actions must be taken, and the board retains responsibility for any major issues arising from authorized actions [4][5] - The board office is designated as the department responsible for implementing the authorization management work and providing necessary support [4][5]

Core Viewpoint - The document outlines the authorization system of Zhejiang Huayou Cobalt Co., Ltd., aiming to enhance decision-making efficiency, ensure compliance with laws, and protect the rights of shareholders and the company [1][7]. Authorization Principles - The basic principles of authorization include prudent authorization, matching responsibility with authority, timely adjustments based on internal and external factors, effective monitoring during execution, and ensuring quality and efficiency in decision-making [2][5]. Authorization Scope - The board of directors can delegate certain powers to the chairman, general manager, or other authorized individuals, while certain statutory powers and matters requiring shareholder approval cannot be delegated [3][4]. Authorization Procedures - The board must clearly define the standards, specific matters, and duration of authorization, and in special circumstances, temporary authorizations must be documented with specific requirements [4][6]. Authorization Management - In emergencies, the chairman has the authority to take immediate actions to protect the company's interests, and must report these actions to the board and shareholders afterward [5][6]. The execution of authorized matters must be reported back to the board, and adjustments to authorization may be made based on various conditions [6]. Authorization Responsibilities - Authorized individuals must act within their designated authority, maintain diligence, and avoid overstepping their bounds. They are accountable for any decisions that violate laws or company regulations, leading to significant losses [6]. Supplementary Provisions - Any matters not covered by this system will follow national laws and regulations, and the board of directors holds the authority to interpret and amend this system [7].

Group 1 - The board meeting was held in compliance with relevant laws and regulations, and the resolutions passed are legally valid [2][5][6] - The board elected Mr. Zou Jixin as the chairman of the ninth board of directors [5][6] - The board approved the election of members for various specialized committees, including the Strategy, Risk, and ESG Committee, Audit and Internal Control Compliance Management Committee, Nomination Committee, and Compensation and Assessment Committee [7][8] Group 2 - The board appointed Mr. Liu Baojun as the general manager of the company [9][10][11] - The board approved the appointment of several vice presidents, including Mr. Wu Jun as vice president and financial director, and Mr. Cai Yanbo as vice president [12][13] - The board appointed Ms. Wang Juan as the secretary of the board and appointed two representatives for securities affairs [14][15][16] Group 3 - The board approved the revision of the "Board Authorization Management System" and the formulation of the "Board Authorization Decision Plan" to enhance the board's institutional framework [17][18] - The meeting was attended by all 11 directors, ensuring a full representation [4]

Core Points - The document outlines the authorization management measures from the board of directors to the general manager's office of Tianhong Digital Commerce Co., Ltd, aiming to enhance corporate governance and decision-making efficiency [1][2] - The authorization includes operational investment matters, contract changes, asset disposal, donations, and other management issues, while certain matters requiring special resolutions cannot be authorized [2][3] Group 1: General Principles - The authorization aims to improve decision-making efficiency and leverage the role of the general manager's office in operations [1] - The board will evaluate the effectiveness of authorized matters annually, continuing or retracting authorization based on performance [2] Group 2: Authorization Management - The board will adjust the authorization list dynamically to meet the actual needs of corporate management while maintaining relative stability [3][5] - The general manager's office must operate within the authorized scope and is liable for any losses caused by improper exercise of authority [3][4] Group 3: Specific Authorization Items - The authorization list includes investment matters related to new store construction, renovation, and equipment purchases, with specific financial thresholds defined [5][6] - The general manager's office can handle asset disposals and related transactions under certain monetary limits, ensuring compliance with the company's financial guidelines [6]

Core Points - The document outlines the authorization management system of Tianhong Digital Commerce Co., Ltd, aiming to enhance decision-making efficiency and protect the rights of the company, shareholders, and creditors [1][2] - The authorization process involves the board delegating powers to the chairman and general manager under specific conditions, ensuring compliance with laws and regulations [1][2] - The board emphasizes principles such as risk prevention, limited authorization scope, timely adjustments, effective monitoring, and a balance between checks and efficiency [2][4] Authorization Principles - Authorization should prioritize risk prevention and be strictly controlled [2] - The scope of authorization must remain within the limits set by the shareholders' meeting and not exceed the board's legal powers [2] - Authorization permissions should remain stable but can be adjusted based on internal and external changes [2] - The board is responsible for monitoring the execution of authorized powers to ensure effective oversight [2] Authorization Scope and Duration - The chairman acts as the legal representative of the company within the powers defined by laws and the company's articles [4] - The board employs a "system + list" management model for authorizing the general manager, enhancing decision-making efficiency [4] - Authorization matters are categorized into long-term and temporary authorizations, with long-term matters defined by institutional regulations [4] Management and Supervision - Authorized individuals must adhere to relevant rules and management systems when exercising their powers [5] - The board can dynamically adjust authorization matters and has the right to supervise the decision-making process [5][6] Responsibilities - The board is the primary entity responsible for regulating authorization management and must correct any improper actions by authorized individuals [8] - Authorized individuals must act within their limits and report regularly to the board on their actions [8] - Serious consequences resulting from unauthorized actions or failure to act correctly will lead to accountability for the responsible parties [8][9] Miscellaneous - Any unresolved issues or conflicts with future laws or regulations will be governed by those laws or regulations [10] - The board is responsible for revising and interpreting this system, which takes effect upon approval [10]

Core Viewpoint - The article outlines the authorization management system of Chongqing Gas Group Co., Ltd., aimed at enhancing the decision-making efficiency of the board of directors and ensuring the protection of shareholders' and creditors' rights [1][6]. Group 1: General Principles - The authorization refers to the delegation of powers from the board of directors to governance entities such as the chairman and general manager [1]. - The basic principles of authorization include prudent authorization, suitability, timely adjustment, effective monitoring, and quality and efficiency [2]. Group 2: Authorization Objects - The board of directors can delegate certain powers to the chairman and general manager, while non-board entities cannot receive such delegations [2]. - Legal powers exercised by the board and matters requiring shareholder approval cannot be delegated [2]. Group 3: Authorization Content - The board must create or revise an authorization list, which is drafted by the board secretary and requires discussion by the company’s party committee before board approval [3]. - In special circumstances, temporary or specific authorizations must be documented with clear requirements [3]. Group 4: Authorization Management - The chairman and general manager must convene meetings to collectively discuss decisions on authorized matters, and if they need to abstain from voting, the matter should be submitted directly to the board [4][5]. - After decisions are made, the authorized individuals must ensure diligent execution and report progress to the board [5]. Group 5: Authorization Responsibilities - Authorized individuals must act within the scope of their authority and are accountable for any decisions that violate laws or company regulations, leading to significant losses [6]. Group 6: Supplementary Provisions - Any matters not covered by this system will follow relevant laws and regulations, and the board is responsible for interpreting the system [6].