002305SZSE

Announcement of Resolutions of the Third Meeting of the Seventh Board of Directors

*ST Nan Zhi Co., Ltd.·

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Nan Guo Real Estate Co., Ltd. held its third meeting of the seventh board of directors on April 27, 2026. The meeting reviewed and approved the 2025 General Manager's Work Report, the 2025 Board of Directors' Work Report, the 2025 Annual Report, and the 2025 financial report. Key decisions included approving the profit distribution and capital reserve increase plan and re-appointing the accounting firm.

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Stock Code: 002305 Stock Abbreviation: *ST Nan Zhi Announcement No.: 2026-013

Nan Guo Real Estate Co., Ltd. Announcement of Resolutions of the Third Meeting of the Seventh Board of Directors

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or significant omissions.

I. Convening of the Board Meeting

The notice for the third meeting of the seventh Board of Directors of Nan Guo Real Estate Co., Ltd. (hereinafter referred to as the "Company") was sent via email and telecommunication on April 17, 2026. The meeting was held on the morning of April 27, 2026, in a combination of on-site and video conferencing format. The meeting was presided over by Chairman Li Mingxuan. Seven directors were required to attend, and seven directors were present. Senior management personnel of the Company attended the meeting. The convening of the meeting complied with relevant laws, regulations, and the "Company Articles of Association."

II. Deliberation of Board Meeting Matters

  1. Approval of the "2025 General Manager's Work Report" Voting results: 7 votes in favor, 0 against, 0 abstentions.

  2. Approval of the "2025 Board of Directors' Work Report" Voting results: 7 votes in favor, 0 against, 0 abstentions. This report needs to be submitted for shareholder approval. The specific details of the "2025 Board of Directors' Work Report" are disclosed in the "2025 Annual Report" on the designated information disclosure media on the same day, specifically in the third section "Management Discussion and Analysis" and the fourth section "Corporate Governance, Environment, and Society." It includes a thorough review, research, and analysis of the Company's main business, assets and liabilities, investment status, outlook for future development, and the convening of board and special committee meetings. The independent directors submitted the "Independent Directors' 2025 Performance Review Report" to the Board. The Company's 2025 Annual General Meeting of Shareholders will hear the "Independent Directors' 2025 Performance Review Report." Specific details are disclosed in the "Independent Directors' 2025 Performance Review Report" on the designated information disclosure media on the same day.

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