Meeting Overview - The second meeting of the supervisory board of Changchun Zhiyuan New Energy Equipment Co., Ltd. was held on August 23, 2025, with all three supervisors present, confirming the legality and validity of the meeting procedures [1][2]. Financial Reporting - The supervisory board approved the 2025 semi-annual report, affirming that it accurately reflects the company's financial status and operational results without any false records or misleading statements [1][2]. - The board also confirmed that the company has complied with relevant regulations regarding the use of raised funds, with no violations reported [2][3]. Asset Impairment - The supervisory board agreed that the company's provision for asset impairment is in accordance with accounting standards and accurately reflects the company's asset status and operational results, ensuring no harm to the interests of shareholders, especially minority shareholders [2][3]. Credit Facilities - The company applied for a credit facility of up to RMB 85 million from CITIC Bank and RMB 100 million from China Everbright Bank, with the credit limits being renewable within specified timeframes [3][4]. - Personal guarantees were provided by the company's major shareholders, ensuring that the transaction does not negatively impact the company's financial status or independence [4][5].