Group 1 - The board of directors of Xinjiang Bayi Iron and Steel Co., Ltd. held its 24th meeting of the 8th session, which was conducted in accordance with relevant laws and regulations [1][2] - The meeting approved the 2025 semi-annual report, confirming that it accurately reflects the company's operational status for the first half of 2025, with a unanimous vote of 9 in favor [1][3] - The board also approved a risk assessment report on Baowu Group Financial Co., Ltd., indicating that the company's internal controls and risk management are effective and meet regulatory requirements, with 4 votes in favor and 5 abstentions [2][3] Group 2 - The board approved the "Quality Improvement and Efficiency Enhancement Action Plan" for 2025, which aims to enhance the company's operational performance [2][3]