Core Viewpoint - The smart ride-hailing concept is gaining traction, with companies like Jinjiang Online and Fulinhyunye experiencing significant stock price increases due to advancements in autonomous driving technology [1] Group 1: Market Activity - Jinjiang Online and Fulinhyunye both hit the daily limit up in stock price [1] - Other companies such as Shikong Technology, Dazhong Transportation, and Jiaoyun Shares also saw their stock prices rise in response to the news [1] Group 2: Technological Developments - Xiaoma Zhixing announced the road testing of its seventh-generation autonomous driving system, the Baic Arcfox Alpha T5 Robotaxi, in Shenzhen [1] - This marks the entry of two models equipped with Xiaoma Zhixing's seventh-generation Robotaxi into mass production and public road testing [1]

Group 1 - The A-share transportation sector, including road and rail, experienced a significant rise, with Fulin Transportation hitting the daily limit, and Jinjiang Online increasing by over 6% [1] - Other companies such as Dazhong Transportation, Chongqing Road and Bridge, and China Railway Special Cargo also saw gains [1] - The release of the "Rural Road Regulations" aims to promote high-quality development of rural roads, aligning with the needs for comprehensive rural revitalization and accelerating agricultural modernization [1]

Meeting Overview - The annual general meeting of Shanghai Jinjiang Online Network Service Co., Ltd. was held on June 27, 2025, at the Xinjingjiang Hotel in Shanghai [2] - The meeting was chaired by the company's chairman, Xu Ming, and combined on-site voting with online voting [2][3] Attendance - All 9 current directors and 3 current supervisors attended the meeting, along with the board secretary and senior management [3] Resolutions Passed - The following resolutions were approved during the meeting: - 2024 Annual Board Report [4] - 2024 Annual Supervisory Report [4] - 2024 Financial Settlement Report [5] - 2024 Annual Report and Summary [5] - Proposal for 2024 Annual Profit Distribution [5] - Proposal for the Reappointment of Accounting Firm for 2025 [5] - Amendment of the Company’s Articles of Association [5] - Proposal to Abolish the Supervisory Board [5] - Proposal for Independent Director Allowances [5] - Proposal for Financial Assistance to Subsidiaries [6] Voting Results - All resolutions were passed with the required majority, with the special resolution receiving over two-thirds of the votes from attending shareholders [6] Legal Compliance - The meeting was witnessed by Shanghai Fangda Law Firm, confirming that the meeting complied with Chinese laws and regulations [6] Board Meeting - The first meeting of the 11th Board of Directors was held on June 27, 2025, with all 9 directors present [9] - Xu Ming was elected as the chairman of the 11th Board of Directors [10] Committee Elections - Members of various committees were elected, including: - Audit and Risk Control Committee [11] - Compensation and Assessment Committee [11] - Strategic Investment and ESG Committee [11] Executive Appointments - Zhang Xian was appointed as the CEO, and several vice presidents and financial officers were also appointed [13][16][17] ESG Management Structure - The board approved the establishment of an ESG management structure to enhance governance and management levels [20] Governance System Amendments - The company plans to amend its governance systems in accordance with new regulations [21]

Core Points - The company held its first board meeting of the 11th session on June 27, 2025, where all resolutions were passed unanimously [1][2] - Xu Ming was elected as the chairman of the board for the 11th session, with a term consistent with the current board [1][2] - The board established various committees, including the Audit and Risk Control Committee, Compensation and Assessment Committee, and Strategic Investment and ESG Committee, with designated chairs for each [2][3] Group 1 - The board unanimously approved the election of independent directors Tang Jiasong and Huang Yajun, and director Zong Huan as members of the Audit and Risk Control Committee, with Tang Jiasong as the chair [2] - The board appointed Zhang Xian as the CEO, with a term aligned with the current board [2][3] - The company appointed Ding Tian, Wang Fang, and Zhang Jinfeng as vice presidents, and Wu Kan as the financial officer, with terms consistent with the current board [2][3] Group 2 - The board approved the establishment of an ESG management structure to enhance governance and management levels [3] - The company plans to revise its governance systems in accordance with new regulations and internal requirements [3] - The resumes of key management personnel were provided, detailing their previous roles and qualifications [4][5][6]

Meeting Overview - The annual general meeting of Shanghai Jinjiang Online Network Service Co., Ltd. was held on June 27, 2025, at the Xinjingjiang Hotel in Shanghai [1] - A total of 178 A-share shareholders and 10 B-share shareholders attended the meeting, representing 213,477,466 A-shares and 2,098,176 B-shares [1] Voting Results - All proposed resolutions were passed with significant majority votes, including: - A-share approval: 213,336,560 votes (99.9340%) in favor, 95,306 votes (0.0446%) against, and 45,600 votes (0.0214%) abstained [1][2] - B-share approval: 1,538,153 votes (73.3091%) in favor, 553,423 votes (26.3764%) against, and 6,600 votes (0.3145%) abstained [2] - The total ordinary shares voting results showed 214,874,713 votes (99.6749%) in favor, 648,729 votes (0.3009%) against, and 52,200 votes (0.0242%) abstained [1][2] Legal Compliance - The meeting was convened and conducted in accordance with the Company Law of the People's Republic of China and the company's articles of association, ensuring the legality and validity of the voting process [4] - The legal opinions were provided by lawyers from Shanghai Fangda Law Firm, confirming the legitimacy of the meeting and the qualifications of the participants [4]

Core Viewpoint - The legal opinion letter confirms that the 2024 annual general meeting of Shanghai Jinjiang Online Network Service Co., Ltd. was convened and conducted in accordance with relevant Chinese laws and regulations, as well as the company's articles of association [3][4][10]. Group 1: Meeting Procedures - The notice for the 2024 annual general meeting was published on June 5, 2025, in compliance with the regulations [6]. - The meeting will be held on June 27, 2025, at 1:30 PM at the Xinjingjiang Hotel in Shanghai, combining on-site and online voting methods [5][6]. - The notice was published 20 days prior to the meeting, meeting legal requirements [6][10]. Group 2: Voting Participation and Qualifications - A total of 7 shareholders (including proxies) participated in the on-site voting, representing 214,083,113 shares, which is 38.81% of the total voting shares [6][7]. - The combined results of on-site and online voting showed participation from 188 shareholders, representing 215,575,642 shares, or 39.08% of the total voting shares [6][10]. - The qualifications of the participating shareholders and proxies were verified and deemed valid [7][10]. Group 3: Voting Procedures and Results - The meeting adopted a combination of on-site and online voting to deliberate on various proposals, including a special resolution regarding amendments to the company's articles of association [8][10]. - Proposals 1 to 6 and 8 to 10 were passed by ordinary resolution, while proposals 11 and 12 were elected through cumulative voting [9][10]. - The special resolution (Proposal 7) was approved with more than two-thirds of the voting shares in favor [10]. Group 4: Conclusion - The legal opinion concludes that the meeting's convening, procedures, participant qualifications, and voting results are all in compliance with applicable laws and the company's articles of association [10].

Core Points - The document outlines the information disclosure management system of Shanghai Jinjiang Online Network Service Co., Ltd, aiming to ensure that the company operates in compliance with laws and regulations while protecting the rights of investors [2][29] - The company and related parties are required to disclose information in a truthful, accurate, complete, and timely manner, ensuring that all investors receive the same information simultaneously [2][3] - The document specifies the responsibilities of the board of directors, senior management, and other relevant parties in the information disclosure process [6][18] Group 1: General Principles - The company must adhere to laws such as the Company Law and Securities Law, and follow the guidelines set by the Shanghai Stock Exchange [2] - Information disclosed must be clear, concise, and easily understandable, avoiding any misleading statements or omissions [2][3] - The company is prohibited from selectively disclosing information and must ensure that any voluntary disclosures do not conflict with legally required disclosures [3][4] Group 2: Regular Reports - The company is required to prepare and disclose annual, semi-annual, and quarterly reports within specified timeframes [12][13] - Financial reports must be audited by a qualified accounting firm as per the Securities Law [12][14] - The board of directors must review and approve these reports before they are disclosed [15][17] Group 3: Temporary Reports - The company must immediately disclose significant events that could impact the trading price of its securities, including major financial losses or changes in management [20][21] - The document lists specific events that require immediate disclosure, such as legal judgments against the company or significant changes in shareholder equity [20][21][22] - The company must also disclose any major changes in its operations or financial status that could affect investor decisions [20][22] Group 4: Information Disclosure Management - The board of directors is responsible for overseeing the information disclosure process, with the board secretary managing the day-to-day operations [28][30] - All departments must cooperate with the board secretary to ensure timely and accurate information disclosure [30][31] - The company must maintain confidentiality regarding undisclosed insider information and ensure that all relevant personnel are aware of their responsibilities [33][34] Group 5: Legal Responsibilities and Penalties - The document outlines the legal responsibilities of the company's directors and senior management regarding the accuracy and completeness of disclosed information [26][67] - Any violations of the disclosure requirements may result in penalties from regulatory authorities, including fines and other sanctions [29][67] - The company must cooperate with regulatory investigations and provide necessary documentation as required [26][67]

Core Points - The article outlines the management system for related party transactions of Shanghai Jinjiang Online Network Service Co., Ltd, aiming to standardize related party transactions, enhance operational compliance, and protect the rights of shareholders [2][3]. Group 1: General Principles - The company must ensure that related party transactions are fair, necessary, reasonable, and legal, maintaining independence and avoiding financial manipulation [2][3]. - Related party transactions should be disclosed in accordance with relevant laws and regulations, including the Company Law and Securities Law of the People's Republic of China [2][3]. Group 2: Definition of Related Parties - Related parties include both legal entities and natural persons that have control or significant shareholding in the company [3][4]. - Specific criteria are established to identify related legal entities and natural persons, including those holding more than 5% of shares [3][4]. Group 3: Reporting and Disclosure - Company directors and significant shareholders must report related party relationships to the board for proper management [5][6]. - Transactions exceeding certain thresholds require approval from independent directors and must be disclosed to shareholders [6][7]. Group 4: Pricing and Valuation - Related party transactions must be conducted at fair market prices, with specific pricing methods outlined, such as cost-plus and comparable uncontrolled price methods [12][13]. - If pricing cannot be determined by standard methods, the company must disclose the rationale and ensure fairness [14][15]. Group 5: Special Provisions for Daily Transactions - Daily related party transactions must follow specific procedures for approval and disclosure, including annual reporting of their execution [29][30]. - Certain transactions may be exempt from the related party transaction rules if they do not involve payment or obligations [30][31]. Group 6: Asset Transactions - When purchasing or selling assets to related parties, the company must disclose financial metrics and ensure that transactions do not lead to non-operational fund occupation by controlling shareholders [16][17].

Core Points - The article outlines the investor relations management system of Shanghai Jinjiang Online Network Service Co., Ltd, aiming to enhance communication with investors and protect their rights [2][3] - The management system is based on compliance with relevant laws and regulations, ensuring transparency and equal treatment of all investors, especially small and medium-sized investors [4][5] - The company emphasizes proactive engagement with investors, including regular communication and feedback mechanisms [6][7] Group 1: Principles of Investor Relations Management - The basic principles include compliance, equality, proactivity, and integrity [4][5] - The company must ensure that all investor relations activities are conducted in accordance with legal and ethical standards [4] - Special attention is given to creating opportunities for small and medium investors to participate in activities [5] Group 2: Communication Channels and Methods - The company is required to utilize multiple channels for investor communication, including its official website, stock exchange platforms, and various media [6][7] - Regular events such as shareholder meetings, investor briefings, and roadshows are to be organized to facilitate direct communication with investors [6][7] - A dedicated investor relations section on the company’s website will be established to address inquiries and provide updates [6][8] Group 3: Responsibilities and Implementation - The board secretary is designated as the head of investor relations management, coordinating all related activities [19][20] - The company must maintain a comprehensive record of investor relations activities, including communications and feedback [26][27] - Training programs for key personnel involved in investor relations will be conducted to enhance their understanding of relevant laws and regulations [25][26]

Group 1 - The company has established a system for accountability regarding significant errors in annual report disclosures to enhance compliance and protect investor rights [1][2] - The system applies to various personnel including directors, senior management, subsidiary heads, controlling shareholders, and those involved in report preparation and disclosure [1] - The principles of the system include objectivity, accountability, and proportionality between fault and responsibility [1] Group 2 - Specific circumstances that warrant accountability include violations of accounting standards or disclosure guidelines that lead to significant errors or adverse effects [2] - The company has provisions for heavier penalties in cases of severe misconduct and lighter penalties for minor infractions [2] - The board of directors is responsible for handling accountability matters and must consider the opinions of those involved before making decisions [2][4] Group 3 - The system will be implemented following the board's approval and is subject to relevant national laws and regulations [4] - The board of directors holds the authority to interpret the system [4] - The system will take effect immediately upon the board's resolution [4]