Group 1 - The company appointed Liu Qiang as the new general manager, effective from September 28, 2025, until the end of the current board term [1][34] - Liu Qiang has extensive experience in the industry, having held various positions within the company and its subsidiaries [4] - The board meeting that approved the appointment had a majority vote of 7 in favor, with no opposition [35] Group 2 - The company approved a capital increase for its wholly-owned subsidiary, Sinopec Hydrogen Machinery (Wuhan) Co., Ltd., using funds raised from a private placement [5][36] - The total amount raised from the private placement was approximately RMB 999.99 million, with a net amount of RMB 994.86 million after expenses [5][19] - The capital increase will raise the registered capital of the subsidiary from RMB 10 million to RMB 24.52 million, enhancing its market capabilities in the hydrogen equipment sector [8][36] Group 3 - The company plans to use up to RMB 20 million of temporarily idle raised funds for cash management to improve fund efficiency [18][30] - The cash management will involve low-risk, highly liquid short-term investment products, with a maximum investment period of 12 months [21][22] - The decision to manage idle funds was approved by both the board and the supervisory committee, ensuring compliance with relevant regulations [30][46]