Group 1 - The company held its sixth temporary board meeting on June 16, 2025, via communication, with all nine directors present [2][3] - The board approved a proposal for its subsidiary, Henan Angang Zhoukou Steel Co., Ltd., to engage in financing leasing with a maximum financing amount of RMB 162 million for a period of 5 years [3][4][16] - The board also approved a proposal for financing leasing and related transactions with Shanghai Dingyi Financing Leasing Co., Ltd., with a maximum financing amount of RMB 100 million for a period of 3-5 years, pending shareholder approval [4][30][31] Group 2 - The supervisory board also convened on June 16, 2025, with all five supervisors present, and approved the same financing leasing proposals as the board [8][9] - The financing leasing with Henan Jiuding Financial Leasing Co., Ltd. is aimed at optimizing the financing structure of the subsidiary and meeting business development needs [10][26] - The financing leasing with Shanghai Dingyi is intended to supplement working capital and is classified as a related transaction, requiring shareholder approval [30][34] Group 3 - The company announced an increase in temporary proposals for the 2024 annual general meeting, including the financing leasing proposals [42][43] - The annual general meeting is scheduled for June 27, 2025, and will include voting on the financing leasing proposals [43][44] - The company has previously engaged in related transactions with Shanghai Dingyi, amounting to RMB 137 million in the past 12 months [30][41]