Core Viewpoint - The company held its 30th meeting of the 8th Board of Directors on September 24, 2025, where several governance proposals were approved, including the resignation of a director and the election of a new non-independent director, as well as revisions to various internal management systems [1][2][3]. Group 1: Board Decisions - The resignation of director Huawei was accepted, and the election of Qian Yuchen as a non-independent director candidate was approved, pending shareholder meeting approval [2][70]. - The board approved revisions to the "Independent Director Work System," which will be submitted for shareholder approval [3][4]. - The board also approved revisions to the "Investment and Guarantee Management System," "Related Party Transaction Management System," "Fundraising Use and Management System," and "Director and Senior Management Compensation and Performance Assessment Management System," all to be submitted for shareholder approval [4][6][8][10]. Group 2: Shareholder Meeting - The company announced the 2025 Third Extraordinary General Meeting of Shareholders to be held on October 10, 2025, to discuss various proposals including the mid-term profit distribution plan and the aforementioned governance revisions [21][27]. - The meeting will allow both on-site and online voting, with specific time frames for each [28][29]. Group 3: Guarantees for Subsidiaries - The board approved a guarantee for its subsidiary, Qizhou Hangyang Special Gas Co., Ltd., to provide a guarantee for Zhejiang Xiata Electronic Materials Co., Ltd. for a loan of up to RMB 30 million [15][51]. - Additionally, a guarantee was approved for another subsidiary, Hangzhou Wanda Gas Co., Ltd., for a loan of up to RMB 15 million [17][59]. - The total approved external guarantees amount to RMB 208.066 million, which is 22.63% of the company's latest audited net assets of RMB 919.32349 million [56][62].