Beijing SPC: Appointed Tian Ye as the company's Vice President

On September 30, 2025, Beijing SPC Technology Co., Ltd. announced that its sixth board of directors held its twenty-fourth meeting recently and reviewed and approved the proposal on the appointment of the company's vice president. Following the nomination by the company's president and the qualification review by the board's nomination committee, the board agreed to appoint Tian Ye as the company's vice president, with a term until the end of the sixth board's term

SPC won the bid for the Xinjiang Production and Construction Corps 2×160MW cogeneration flue gas desulfurization EPC project

Recently, SPC won the bid for the 2×160MW cogeneration project EPC project in the Xinjiang Production and Construction Corps. The project is located in the economic development zone of the 4th Division of the Xinjiang Production and Construction Corps, with a construction scale of 2×160MW back-pressure heating units, equipped with 2×1050t/h supercritical coal-fired boilers, and simultaneously constructing environmental protection facilities such as flue gas desulfurization and denitrification. The project is scheduled to start construction in May 2025, with the first unit expected to be put into operation in May 2027 and the second unit in August 2027

SPC has been approved by the China Securities Regulatory Commission to issue no more than 2 billion yuan in corporate bonds for technological innovation

According to the Zhitong Finance APP, SPC announced that on September 19, 2025, the China Securities Regulatory Commission issued the "Approval on Agreeing to Beijing SPC Technology Co., Ltd. to Publicly Issue Technology Innovation Corporate Bonds to Professional Investors," agreeing to the company's registration application to publicly issue technology innovation corporate bonds with a total face value not exceeding 2 billion yuan to professional investors

ZHmag announced that the "ZHmag Convertible Bond" will stop conversion with only half a trading day left, specifically during the trading session on September 19. After the market closes on September 19, the "ZHmag Convertible Bond" that has not been converted will cease conversion, and the remaining convertible bonds will be forcibly redeemed at a price of 100.5 yuan per bond. If forcibly redeemed, investors may face investment losses. SPC announced plans to purchase liability insurance for the company and its directors and senior management, with a total premium not exceeding 150,000 yuan per year and an insurance period of 12 months

SPC: Plans to purchase liability insurance for the company's directors, supervisors, and senior management, with a compensation limit not exceeding 50 million yuan per year

SPC announced that the company intends to purchase liability insurance for the company and all directors, supervisors, and senior management personnel, with a compensation limit not exceeding 50 million yuan per year, and a total premium not exceeding 150,000 yuan per year. The proposal has been reviewed and approved at the 21st meeting of the sixth board of directors and the 14th meeting of the sixth board of supervisors, and it is submitted to the company's shareholders' meeting for authorization to the management to handle related matters