Group 1 - The company held its second extraordinary general meeting of shareholders on October 14, 2024, where several resolutions regarding the issuance of convertible bonds were approved [5][6]. - The validity period for the resolutions related to the issuance of convertible bonds has been extended by 12 months, now set to expire on October 13, 2026 [6][7]. - The company will hold its third extraordinary general meeting of shareholders on September 10, 2025, utilizing both on-site and online voting methods [10][11]. Group 2 - The board of directors approved the 2025 semi-annual report and summary, which is available on the Shanghai Stock Exchange website [30]. - The company plans to increase the registered capital of its wholly-owned subsidiary, Yuancheng Technology (Hainan) Co., Ltd., by up to 40 million yuan, raising its capital from 10 million yuan to a maximum of 50 million yuan [33]. - The company will also invest 40 million yuan in its wholly-owned subsidiary, Jin Cheng (Hubei) Intelligent Equipment Co., Ltd., to enhance its production capacity for high-end intelligent mining equipment [36]. Group 3 - The board of directors approved the dismissal of Vice President and Chief Economist Hu Zhou, who will transition to the role of Chief Operating Expert [66]. - Wang Cicheng has been appointed as the Executive Vice President and Chief Economist, with his term lasting until the end of the current board's tenure [67]. - The company expressed gratitude for Hu Zhou's contributions during his tenure and confirmed that his departure will not affect normal operations [67].

Core Points - The board of directors of Jincheng Mining Management Co., Ltd. held its 25th meeting of the 5th session on August 25, 2025, where all resolutions were passed unanimously [1][2][3] Meeting Details - The meeting was convened in accordance with the Company Law of the People's Republic of China and the company's articles of association, with all 9 directors present [1] - The meeting was chaired by Chairman Wang Qinghai [1] Financial Report - The board approved the 2025 semi-annual report and summary, which was prepared in compliance with relevant regulations [2] Capital Increase for Subsidiaries - The board approved a capital increase of up to 400 million RMB for its wholly-owned subsidiary, Yuancheng Technology (Hainan) Co., Ltd., raising its registered capital from 100 million RMB to a maximum of 500 million RMB [2] - The board also approved an investment increase of 400 million RMB in its wholly-owned subsidiary, Jincheng (Hubei) Intelligent Equipment Co., Ltd., to enhance production capacity for high-end intelligent mining equipment [3] Management System Updates - The board approved revisions to certain management systems to align with national laws and regulations, including adjustments to the responsibilities of the audit and risk management committee [4] - The board also approved the revision of the Asset Impairment and Write-off Management Measures to strengthen asset management [5] Management Personnel Changes - The board approved the dismissal and appointment of senior management personnel, with details provided in a separate announcement [6][7] Bond Issuance - The board approved extending the validity period of the resolution for issuing convertible bonds to unspecified objects, which will require shareholder approval [6][7] Upcoming Shareholder Meeting - The company plans to hold its third extraordinary general meeting of 2025 on September 10, 2025 [7]