Core Points - The company is established as a joint-stock limited company in accordance with the Company Law and Securities Law of the People's Republic of China [4][5] - The company was registered on July 29, 2006, and listed on the Shenzhen Stock Exchange on November 22, 2007, with an initial public offering of 20 million shares [4][5] - The registered capital of the company is RMB 327,103,864 [4][5] Chapter 1: General Provisions - The purpose of the company's articles is to protect the legal rights of the company, shareholders, employees, and creditors [4] - The company is a permanent joint-stock limited company [5] - The legal representative of the company is elected by the board of directors [5] Chapter 2: Business Objectives and Scope - The company's business objectives include integrity in operations, prioritizing quality, practical innovation, and promoting technology [6] - The business scope includes enterprise headquarters management, IT consulting services, software development, advertising design and agency, property management, and artificial intelligence hardware sales [6] Chapter 3: Shares Section 1: Share Issuance - The company issues shares in the form of stocks, with each share having a face value of RMB 1 [9][10] - The company initially issued 60 million shares to its founders, with a total of 32,710.3864 million shares currently issued [10][11] Section 2: Share Increase, Decrease, and Repurchase - The company can increase capital through various methods, including issuing shares to unspecified objects or existing shareholders [12][13] - The company is prohibited from repurchasing its own shares except under specific circumstances [14] Section 3: Share Transfer - Shares must be transferred in accordance with the law, and the company does not accept its shares as collateral [28][29] Chapter 4: Shareholders and Shareholders' Meeting Section 1: General Provisions for Shareholders - Shareholders have rights proportional to their shareholdings, including profit distribution and the right to attend and vote at shareholders' meetings [34] - Shareholders can request the court to invalidate resolutions that violate laws or regulations [36] Section 2: Controlling Shareholders and Actual Controllers - Controlling shareholders must exercise their rights in accordance with laws and regulations, ensuring the interests of the company and other shareholders are protected [42][43] Section 3: General Provisions for Shareholders' Meetings - The shareholders' meeting is the company's authority, responsible for electing directors, approving financial reports, and making decisions on capital changes [46] - The company must hold an annual shareholders' meeting within six months after the end of the previous fiscal year [48] Chapter 5: Proposals and Notifications for Shareholders' Meetings - Proposals must fall within the authority of the shareholders' meeting and be clearly defined [58] - Shareholders holding more than 1% of shares can propose items for discussion at the shareholders' meeting [59] Chapter 6: Conducting Shareholders' Meetings - The company must ensure the orderly conduct of shareholders' meetings and verify the legitimacy of shareholders' qualifications [66][70] - The meeting must be recorded, documenting all proceedings and decisions made [77] Chapter 7: Voting and Resolutions of Shareholders' Meetings - Resolutions can be ordinary or special, with ordinary resolutions requiring a simple majority and special resolutions requiring a two-thirds majority [80][81] - Specific matters, such as amendments to the articles of association or capital changes, require special resolutions [82]

Trading Information Summary - On July 8, Shaanxi Jinye's stock closed at 4.71 yuan, up 0.21%, with a turnover rate of 1.36% and a trading volume of 104,200 shares, amounting to a transaction value of 48.99 million yuan [1] - The net inflow of main funds was 99,800 yuan, while retail investors saw a net inflow of 235,260 yuan, and speculative funds experienced a net outflow of 245,240 yuan [3] Company Announcement Summary - Shaanxi Jinye approved a proposal to apply for a comprehensive credit line of up to 4 billion yuan or equivalent foreign currency from banks and financial institutions during meetings held on April 23 and May 28, 2025 [1] - The company and its subsidiaries will provide guarantees for this credit line, with a total guarantee amount not exceeding 4 billion yuan or equivalent foreign currency [1] - The wholly-owned subsidiary, Xi'an Mingde Polytechnic, applied for a 40 million yuan working capital loan from China Construction Bank, with a one-year term, and the company along with its subsidiary, Hubei Jinye Yuyang Chemical Fiber Co., Ltd., will provide joint liability guarantees for this loan [1] - As of the announcement date, the actual guarantee balance of the company and its subsidiaries was 1.75 billion yuan, accounting for approximately 96.94% of the latest audited net assets attributable to the parent company for 2024, with no overdue guarantees or litigation-related guarantees reported [1]

Core Viewpoint - Shanghai Sanmao Enterprise (Group) Co., Ltd. has announced a cash dividend distribution plan for its shareholders, detailing the amount per share and relevant dates for A and B shares [1][2]. Dividend Distribution - The cash dividend for A shares is set at 0.015 CNY per share, while for B shares, it is 0.002092 USD per share, both amounts inclusive of tax [1][2]. - The total cash dividend to be distributed amounts to 3,014,870.15 CNY, based on a total share capital of 200,991,343 shares [2]. Relevant Dates - For A shares, the record date is July 14, 2025, and the ex-dividend date is July 15, 2025 [2]. - For B shares, the record date is July 17, 2025, with the ex-dividend date also on July 14, 2025, and the dividend payment date on July 25, 2025 [2]. Taxation Information - For individual A share holders, no personal income tax will be withheld at the time of dividend distribution; tax will be calculated based on the holding period upon stock transfer [4][5]. - For qualified foreign institutional investors (QFII) holding A shares, a 10% corporate income tax will be withheld, resulting in a net dividend of 0.0135 CNY per share [5][6]. - B share dividends will be subject to a 10% withholding tax for non-resident enterprises, leading to a net dividend of 0.001883 USD per share after tax [6][9].

Group 1 - The stock of Xinhua Jin (600735) experienced a limit down today, with a turnover rate of 9.54% and a trading volume of 303 million yuan, showing a fluctuation of 6.56% [2] - The stock was listed on the Shanghai Stock Exchange's watch list due to a daily price deviation of -9.99%, with a total net sell of 35.49 million yuan from brokerage seats [2] - In the past six months, the stock has appeared on the watch list 10 times, with an average price drop of 0.88% the next day and an average drop of 3.59% over the following five days [2] Group 2 - For the first quarter, the company reported a revenue of 37.3 million yuan, a year-on-year decrease of 20.70%, and a net profit of 6.30 million yuan, down 14.35% year-on-year [3] - The top buying brokerage on July 7 was UBS Securities with a purchase amount of 14.39 million yuan, while the top selling brokerage was Yuekai Securities with a selling amount of 25.95 million yuan [3][4] - The net outflow of main funds for the stock today was 73.25 million yuan, with a significant outflow of 43.74 million yuan from large orders [2]

Core Points - The company announced a cash dividend of 0.018 CNY per share, totaling approximately 20.72 million CNY to be distributed to shareholders [1][2] - The dividend distribution plan was approved at the annual general meeting held on May 16, 2025 [1] - The record date for shareholders is July 10, 2025, with the last trading day and ex-dividend date also on July 11, 2025 [2] Dividend Distribution Details - The total number of shares for the dividend calculation is 1,151,292,907 [2] - The cash dividend will be distributed through the China Securities Depository and Clearing Corporation Limited Shanghai Branch [2] - Shareholders who have not completed designated transactions will have their dividends held by the clearing company until the transactions are completed [2] Taxation Information - Individual shareholders holding shares for over one year are exempt from personal income tax on dividends [3] - For shares held for one month or less, the full dividend amount is subject to personal income tax [3] - Qualified Foreign Institutional Investors (QFIIs) will have a 10% corporate income tax withheld, resulting in a net dividend of 0.0162 CNY per share [4][5]

Core Viewpoint - Dongguan Hongyuan Industrial Zone Co., Ltd. plans to use up to RMB 750 million of its idle funds for low-risk entrusted financial management to enhance the return on its idle assets and generate greater profits [1][12]. Group 1: Overview of Entrusted Financial Management - The investment aims to utilize idle funds without affecting the company's normal operations and to ensure investment risks are controllable [2]. - The total amount for entrusted financial management will not exceed RMB 750 million within a twelve-month period, with any single transaction amount not exceeding this limit [3]. - The company will invest through financial institutions such as commercial banks and securities companies, focusing on low-risk, liquid financial products [4]. Group 2: Funding and Approval Process - The funds used for entrusted financial management will come from the company's own idle funds, without involving raised funds or bank credit [5]. - The board of directors approved the financial management plan, which does not require shareholder meeting approval, as it falls within the board's authority [6][13]. Group 3: Risk Analysis and Control Measures - While the company will primarily invest in low-risk products, there are inherent risks such as market fluctuations and credit risks from issuers [7][8]. - The company will select qualified financial institutions for management, monitor liquidity, and ensure that the financial activities do not impact operational funding needs [9]. Group 4: Impact on the Company - The entrusted financial management will enhance the efficiency of fund utilization and generate returns while ensuring the safety of daily operational funds [9]. - The accounting treatment will comply with relevant financial regulations and will be subject to annual audit results [9].

Group 1 - The company is proposing to continue providing guarantees for loans applied by its subsidiaries, including Jilin Dayao Pharmacy Co., Ltd. and others, totaling 50 million yuan each for multiple entities [1][4] - The company is also seeking to provide a guarantee for a working capital loan of 10 million yuan for Jilin Dayao Pharmacy Co., Ltd. and Changchun Construction Material Co., Ltd. from Changchun Nanguan Huimin Village Bank [1][5] - Additionally, the company plans to provide a guarantee for a comprehensive credit line of 120 million yuan for Jilin Dayao Pharmacy Co., Ltd. from Guangfa Bank [4]

Core Points - The company held its 13th meeting of the 10th Supervisory Board on June 27, 2025, to discuss the achievement of conditions for the third release period of the 2021 Restricted Stock Incentive Plan [1] - The meeting approved the release of 37.98075 million shares of restricted stock for 519 incentive targets, confirming that the conditions for the release have been met and are in compliance with relevant laws and regulations [1][2] Summary by Sections Meeting Details - The meeting was conducted via communication methods with 5 supervisors participating in the vote, meeting legal and regulatory requirements [1] Incentive Plan - The 2021 Restricted Stock Incentive Plan's third release period conditions have been achieved, allowing for the legal and valid release of restricted stock for the designated incentive targets [1] - The approval was unanimous with 5 votes in favor and no votes against or abstentions [1]

Core Viewpoint - The legal opinion letter from Beijing Dentons (Fuzhou) Law Firm confirms the legality of the procedures and results of the 2024 annual general meeting of shareholders for Crown City New Materials Co., Ltd. [1][2][8] Group 1: Meeting Procedures - The annual general meeting was proposed and convened by the board of directors, with the notice and proposal content announced on June 7, 2025 [3]. - The meeting was conducted through a combination of on-site and online voting, held at Crown City Plaza [3][4]. - The meeting adhered to the relevant laws, regulations, and the company's articles of association regarding the convening and holding procedures [3][4]. Group 2: Attendance and Voting - A total of 315 participants attended the meeting, representing 515,722,368 shares, which is 37.83% of the total voting shares [4]. - Online voting involved 312 shareholders, representing 27,120,906 shares, accounting for 1.99% of the total voting shares [4]. - The qualifications of the attendees and the convenor were confirmed to be valid and in compliance with legal requirements [5]. Group 3: Proposals and Voting Results - The meeting included seven proposals for voting, which were consistent with the notice provided [6][8]. - The voting results showed that all proposals were approved, with significant support for the annual reports and financial statements [6][7]. - Specific proposals required separate voting for minority investors, which also passed successfully [7][8].

General Principles - The company aims to establish and standardize the decision-making procedures of its board of directors to ensure smooth operations and management [2][3] - The board of directors is the decision-making body responsible for the company's development goals and major operational activities [2][3] Board Composition and Qualifications - The board consists of 9 directors, including 3 independent directors, with a term of three years [3][4] - Directors are elected by the shareholders' meeting and can be re-elected [3][4] - Independent directors must maintain independence and meet specific qualifications [9][10] Responsibilities and Powers of the Board - The board is responsible for convening shareholder meetings, executing resolutions, and making decisions on operational plans and investment proposals [6][20] - The board has the authority to appoint or dismiss the general manager and other senior management personnel [6][20] Board Meetings - The company holds regular and temporary board meetings, with notifications sent out in advance [20][21] - A quorum requires the presence of more than half of the directors, and decisions are made based on majority votes [21][22] Independent Directors - Independent directors play a crucial role in ensuring the protection of minority shareholders' rights and providing objective advice [12][13] - They are required to attend meetings and can propose the convening of special meetings if necessary [14][15] Committees - The board establishes specialized committees, including audit, strategy, and remuneration committees, to handle specific tasks [15][16] - Each committee must report to the board and is responsible for its respective area of oversight [15][16] Information Disclosure - The board secretary is responsible for managing information disclosure and ensuring compliance with relevant regulations [18][19] - The company must disclose significant decisions and financial information to shareholders and regulatory bodies [18][19] Decision-Making Procedures - The board must follow strict procedures for approving significant transactions, including related party transactions and external guarantees [26][29] - Any conflicts of interest must be disclosed, and related directors must abstain from voting on such matters [73][74]