Group 1 - The company held its ninth board meeting on August 29, 2025, with all nine directors present, confirming the legality and validity of the meeting [1] - The board approved a proposal to change part of the fundraising investment projects, specifically altering the original project of "annual production of 70,000 tons of precision copper alloy bars" to "annual production of 10,000 tons of ultra-fine copper conductors" and "450 copper alloy strip production line upgrade project," involving a total fundraising amount of RMB 266.86 million, accounting for 18.47% of the total net fundraising [1][2] - The company plans to provide interest-free loans to its wholly-owned subsidiary, Ningbo Jintian High Conductivity New Materials Co., Ltd., for the implementation of the new projects, with a total amount not exceeding RMB 134.86 million [2] Group 2 - The board also approved a proposal to convene the second extraordinary general meeting of shareholders in 2025, with details disclosed on the Shanghai Stock Exchange [2][3]

Meeting Details - The fourth meeting of the ninth Supervisory Board of Ningbo Jintian Copper Industry (Group) Co., Ltd. was held on August 29, 2025, with all three supervisors present, confirming the legality and validity of the meeting procedures [1]. Proposal Review - The Supervisory Board approved the proposal to change part of the fundraising investment projects, specifically altering the original project of "annual production of 70,000 tons of precision copper alloy bars" to "annual production of 10,000 tons of double-zero grade ultra-fine copper conductors" and "450 copper alloy strip production line renovation and upgrade project" [1][2]. - The change involves a total fundraising amount of RMB 266.8593 million, accounting for 18.47% of the total net fundraising amount from the "Jintian Convertible Bonds" [1]. Fund Utilization Plan - The new projects will be implemented by the company's wholly-owned subsidiary, Ningbo Jintian High Conductivity New Materials Co., Ltd. The company plans to provide interest-free loans to the project implementer for the "annual production of 10,000 tons of double-zero grade ultra-fine copper conductors," with a total amount not exceeding RMB 134.8593 million [2]. - The Supervisory Board believes that the changes are necessary adjustments based on the fundraising project situation and the company's operational development plan, which will enhance the efficiency of fundraising utilization [2]. Voting Results - The proposal received unanimous approval with 3 votes in favor, 0 against, and 0 abstentions, and it will be submitted to the shareholders' meeting for further review [3].