Group 1 - Sichuan Meifeng announced the appointment of new senior management, including Wang Yong as President, Tong Gang and Wang Mingchao as Vice Presidents, Wang Dong as Board Secretary, Li Quanping as CFO, and Liu Xinqiang as Chief Engineer [1] - The company also appointed Zou Hong as Securities Affairs Representative to assist the Board Secretary, with a term aligned with the 11th Board of Directors [1] - As of the report, Sichuan Meifeng's market capitalization is 4 billion [1] Group 2 - For the fiscal year 2024, Sichuan Meifeng's revenue composition is as follows: Chemical Fertilizer Manufacturing 46.05%, Natural Gas Supply 19.77%, Other Industries 17.84%, and Real Estate Development 16.33% [1]

General Provisions - The purpose of the system is to promote standardized operations of the company and enhance the role of the board secretary, guided by relevant laws and regulations [1][2] - The company appoints one board secretary who is a senior management personnel responsible to the company and the board [1] - The board secretary can be a director, general manager, deputy general manager, or financial officer [1] Responsibilities - The board secretary is responsible for company information disclosure, coordinating disclosure work, and ensuring compliance with relevant regulations [4] - The board secretary manages investor relations and facilitates communication between the company and regulatory bodies, investors, and media [11] - The board secretary organizes board and shareholder meetings, records meeting minutes, and ensures proper documentation [12][6] Work System - The board secretary has the authority to access financial and operational information necessary for fulfilling their duties [19] - Information disclosure must be accurate, clear, and free from misleading statements or omissions [20][21] - The board secretary must ensure compliance with legal and regulatory requirements in all disclosure activities [22] Termination or Resignation - The company must have valid reasons for terminating the board secretary, and any termination must be reported to the stock exchange [29][30] - The board secretary is required to provide a three-month notice for resignation unless there are objective reasons [31] - In the event of a vacancy, the board must promptly appoint an acting secretary and report to the stock exchange [30]

Core Viewpoint - The document outlines the external investment management system of Anhui Liuguo Chemical Co., Ltd., aiming to strengthen internal control, standardize investment behavior, prevent errors and fraud, and enhance investment efficiency [2]. Group 1: General Principles of External Investment - External investment refers to the allocation of resources such as currency, physical assets, and intangible assets to third parties, including investments in subsidiaries, joint ventures, mergers, and securities investments [2]. - The principles of external investment include compliance with national laws and regulations, alignment with the company's long-term development plans, and prioritizing efficiency [2]. Group 2: Decision-Making Authority and Approval Process - The decision-making bodies for external investments are the shareholders' meeting, the board of directors, and the general manager, each with defined authority [3]. - Investments meeting certain thresholds must be approved by the board of directors and submitted to the shareholders' meeting for approval, including transactions involving assets over 50% of total audited assets or net assets exceeding 50 million yuan [3][4]. - For investments that do not meet the higher thresholds, approval from the board of directors is still required if they exceed 10% of total audited assets or net assets [4][5]. Group 3: Management and Oversight - The investment business department is responsible for collecting information, evaluating investment projects, and monitoring the implementation of annual investment plans [6]. - The audit department conducts regular audits of external investments and reports on projects that do not meet expected benefits [7]. - The financial department maintains comprehensive financial records for each investment project and ensures compliance with accounting standards [8][9]. Group 4: Personnel Management in Investments - The company appoints or recommends directors, supervisors, and senior management for invested companies according to relevant laws and regulations [9]. - Appointed personnel must report on investment conditions and submit annual performance reports to the company [9]. Group 5: Financial Management and Auditing of Investments - The financial department is responsible for detailed accounting for external investment projects and must conduct annual checks on investment projects [10]. - Internal audit departments are tasked with verifying the ownership of investment assets and ensuring the effectiveness of internal control systems related to external investments [10].

General Provisions - The purpose of the guidelines is to clarify the responsibilities and authority of the general manager of Anhui Liuguo Chemical Co., Ltd, ensuring effective company operations in accordance with relevant laws and regulations [1][2] - The company has one general manager and several deputy general managers [1] Qualifications and Appointment Procedures - The general manager must possess rich professional knowledge, strong management and decision-making abilities, and relevant industry experience [2] - Individuals with certain disqualifying conditions, such as being banned by regulatory authorities or having recent public reprimands, cannot be nominated as general manager [2][3] - The general manager is nominated by the chairman and appointed by the board of directors, with a term aligned with the board [2] Authority and Responsibilities - The general manager is responsible for daily administrative and operational management, implementing board resolutions, and reporting to the board [3][4] - Key responsibilities include organizing annual business plans, proposing management systems, and overseeing employee management [3][4] - The general manager must ensure the protection and appreciation of company assets and maintain a balance of interests among shareholders, the company, and employees [4] Work Structure and Procedures - The general manager can establish functional and business departments as needed for effective management [5] - Decision-making primarily occurs through weekly general manager meetings, where significant operational matters are discussed [5][6] - The general manager is responsible for signing decisions made in meetings and ensuring accountability among senior management [6] Reporting System - The general manager is required to report regularly to the board on various operational aspects, including annual plans, major contracts, and financial performance [7][8] - The company will hold regular employee representative meetings for the general manager to report on administrative work and gather feedback [8] Miscellaneous - Any matters not covered by these guidelines will be governed by relevant national laws and the company's articles of association [8] - The guidelines will take effect upon approval by the board and can be amended similarly [8]

Core Viewpoint - The document outlines the information disclosure management system of Anhui Liuguo Chemical Co., Ltd, emphasizing the importance of timely, accurate, and complete information disclosure to protect investors' rights and ensure fair trading practices. Group 1: General Principles of Information Disclosure - The company must disclose information that could significantly impact stock prices or investment decisions in a timely and fair manner [1][2] - Information disclosed must be true, accurate, complete, and free from misleading statements or significant omissions [2][3] - All investors should have equal access to disclosed information, and no selective disclosure is allowed [3][12] Group 2: Disclosure Procedures - The company must prepare and disclose announcements according to legal regulations and stock exchange requirements, ensuring consistency between disclosed information and submitted materials [4][16] - The board of directors is responsible for approving announcements, which must be published on the stock exchange website and other compliant media [4][16] - In cases where timely disclosure is not possible, a preliminary announcement must be made, explaining the situation and committing to full disclosure within two trading days [5][6] Group 3: Regular Reporting - The company is required to disclose annual, semi-annual, and quarterly reports within specified timeframes after the end of each accounting period [29][30] - If the company anticipates delays in regular report disclosures, it must inform the stock exchange and provide reasons and solutions [9][30] - Regular reports must be approved by the board of directors and include a written confirmation from directors and senior management regarding the accuracy and completeness of the information [10][11] Group 4: Temporary Reporting - Temporary reports must be issued for significant events not covered in regular reports, including major transactions, changes in management, or legal issues [18][19] - The company must disclose any major litigation or arbitration matters that could significantly affect its financial status [20][21] - Any significant changes in business operations or financial conditions must be reported promptly [22][23] Group 5: Responsibilities and Management - The board of directors is responsible for overseeing the information disclosure process, with the chairman being the primary responsible person [66][67] - The company must establish a dedicated department for managing information disclosure, ensuring compliance with all relevant regulations [64][66] - All employees involved in the disclosure process must adhere to strict confidentiality and reporting protocols to prevent leaks of sensitive information [25][33]

Core Viewpoint - The article outlines the work regulations of the Audit Committee of Anhui Liuguo Chemical Co., Ltd., emphasizing the importance of governance structure and the quality of information disclosure in the annual report preparation and auditing process [1][2][3]. Group 1: Responsibilities and Procedures - The Audit Committee is responsible for actively fulfilling its duties and ensuring diligent oversight during the annual financial report audit process [1]. - The timing of the annual financial report audit work is to be determined through consultation between the Audit Committee and the accounting firm responsible for the audit [1]. - The Audit Committee must urge the accounting firm to submit the audit report within the agreed timeframe and document the methods, frequency, results, and responsible personnel's signatures [1]. - Prior to the arrival of the annual audit accountant, the Audit Committee is required to review the financial statements prepared by the company and provide written opinions [1]. - After the initial audit opinion is issued by the annual audit accountant, the Audit Committee should review the financial statements again and provide a written opinion [2]. Group 2: Decision-Making and Communication - The Audit Committee is to vote on the annual financial audit report, form a resolution, and submit it to the Board of Directors for review, along with a summary report from the accounting firm and a decision on reappointment or replacement for the next year [2]. - The company is generally not allowed to change the annual audit accounting firm during the audit period; if necessary, the Audit Committee must evaluate both the previous and proposed firms and provide opinions based on sufficient reasoning [2]. - When reappointing the annual audit accounting firm, the Audit Committee must conduct a comprehensive evaluation of the firm's performance and quality, submitting a positive opinion to the Board of Directors for approval [2][3]. Group 3: Confidentiality and Reporting - During the preparation and review of the annual report, members of the Audit Committee are obligated to maintain confidentiality and prevent any leaks or insider trading violations before the report is disclosed [3]. - The financial officer of the company is responsible for coordinating communication between the Audit Committee and the accounting firm, ensuring necessary conditions for the Committee to fulfill its responsibilities [3]. - Any communication, evaluation opinions, and suggestions regarding the aforementioned matters must be documented in writing and reported to the local securities regulatory authority within three working days after the shareholders' meeting resolution is disclosed [3].

Core Viewpoint - Sichuan Lutianhua Co., Ltd. plans to acquire 100% equity of Luzhou Hongsheng Chemical Park Operation Service Co., Ltd. from its controlling shareholder, Luzhou Tianhua Group, for a transaction price of 676 million yuan, aiming to secure land assets for the implementation of chemical projects [1][4][6]. Group 1: Acquisition Details - The acquisition involves Luzhou Hongsheng, which was established in November 2022 with a registered capital of 360 million yuan, primarily providing park management and heat production services [5]. - The total assets of Luzhou Hongsheng are reported at 335.97 million yuan, with a net asset value of 335.77 million yuan, and an assessed value of 675.88 million yuan, indicating an appreciation rate of 101.29% [5][6]. - The land acquired is intended for the construction of a 100,000 tons/year green fine chemical project, which is part of the company's strategy to expedite project development and reduce initial investment costs [6][9]. Group 2: Financial Performance - Lutianhua's revenue and net profit have shown a declining trend in recent years, with revenues of 7.53 billion yuan in 2022, 6.42 billion yuan in 2023, and projected 5.07 billion yuan in 2024, reflecting year-on-year changes of 11.57%, -14.81%, and -21.02% respectively [7][8]. - The net profit attributable to shareholders has also decreased significantly, from 367 million yuan in 2022 to 76.3 million yuan in 2024, with year-on-year declines of -17.68%, -59.15%, and -49.17% [7][8]. - In the first quarter of 2024, the company reported a revenue of 1.50 billion yuan, a year-on-year increase of 16.64%, and a net profit of 36.83 million yuan, up 10.26% [8][9]. Group 3: Strategic Shift - The company is transitioning from traditional fertilizer business to the green chemical sector, with plans to invest 1.171 billion yuan in the green chemical project, expected to generate an internal rate of return of 9.41% and average annual sales revenue of 993 million yuan [9]. - The acquisition of Luzhou Hongsheng's land is a crucial step in facilitating the establishment of this green chemical project [9].

Group 1 - The company reported a revenue of 1.604 billion yuan for the first quarter of 2025, representing a year-on-year increase of 37.41% [1] - The company experienced a net loss of 66.7255 million yuan, compared to a net profit of 4.6461 million yuan in the same period last year [1]