Group 1 - The company held the 36th meeting of the fourth supervisory board on July 15, 2025, to discuss and approve various proposals [1][2][3] - The company plans to register and issue perpetual bonds with a total face value of up to RMB 2 billion, including up to RMB 1 billion of long-term notes and up to RMB 1 billion of renewable corporate bonds [2][4][5] - The bond issuance will be targeted at professional investors and will not prioritize existing shareholders [6][7] Group 2 - The proposed bond terms include a maximum duration of 5+N years, with specific types and terms to be determined based on market conditions [8][9] - The funds raised from the bond issuance are intended for repaying interest-bearing debts, supplementing working capital, and other legally permitted uses [10][11] - The company will implement measures to ensure debt repayment, including suspending profit distribution to shareholders and delaying significant capital expenditures if repayment is at risk [12][13] Group 3 - The company approved a financial assistance extension for its associate company, Wenzhou Zhejian Future Community Development Co., Ltd., with an amount of RMB 61.6469 million at an interest rate of 8%, extending to December 31, 2028 [18][19][36] - This financial assistance extension is deemed controllable in risk and will not adversely affect the company's normal operations [36][47][48] - The company will continue to monitor the operational progress of Wenzhou Zhejian to manage financial risks effectively [46][47] Group 4 - The company announced the convening of the 2025 First Extraordinary General Meeting of Shareholders on July 31, 2025, to discuss the approved proposals [20][21][70] - The meeting will allow shareholders to vote either in person or via online platforms, with specific voting times and registration requirements outlined [22][27][30] - The company will ensure compliance with legal and regulatory requirements for the meeting and the proposals to be discussed [20][21][23]