Core Viewpoint - Chengdu Gas Group Co., Ltd. held its 14th meeting of the third board of directors on August 22, 2025, where several key resolutions were passed regarding the company's financial management and operational strategies for the first half of 2025 [5][6][8]. Group 1: Board Meeting Resolutions - The board approved the general manager's work report for the first half of 2025, reflecting the company's operational status and future plans [6][8]. - The board agreed on the half-year report and its summary, confirming that the information disclosed is true, accurate, and complete [8][26]. - The board approved a special report on the storage and actual use of raised funds for the first half of 2025, ensuring compliance with relevant regulations [10][28]. Group 2: Financial Management - The board approved a proposal to use up to RMB 1 billion of the company's own funds for cash management annually, with a validity period of 36 months [18][67]. - The cash management aims to improve the efficiency of fund usage and increase overall returns while ensuring that normal business operations are not affected [69][76]. - The company will invest in low-risk, high-liquidity financial products, ensuring that these funds are not used for pledging [71][76]. Group 3: Change of Auditor - The company plans to change its auditing firm to Tianzhi International Accounting Firm, following a competitive bidding process [50][62]. - The previous auditor, Sichuan Huaxin, had provided services for four consecutive years, and the change is aimed at enhancing audit quality [62][63]. - The decision to appoint the new auditor is subject to approval at the upcoming shareholders' meeting [51][65]. Group 4: Upcoming Shareholder Meeting - The second extraordinary general meeting of shareholders for 2025 is scheduled for September 8, 2025, to discuss the resolutions passed by the board [20][79]. - The meeting will utilize both on-site and online voting methods to facilitate shareholder participation [79][80]. - Shareholders must register for the meeting by September 7, 2025, to be eligible to vote [86].