KINGTELLER(SZ:002177) Zheng Quan Zhi Xing·2025-07-02 16:36Group 1 - The implementation details of the cumulative voting system aim to enhance the corporate governance structure of Guangzhou Yuyin Technology Co., Ltd. and ensure shareholders can fully exercise their rights [1] - The cumulative voting system allows shareholders to allocate their voting rights based on the total number of shares they hold multiplied by the number of directors to be elected [1][2] - Independent and non-independent directors are elected separately under the cumulative voting system, with specific voting rights allocated for each category [1][2] Group 2 - The secretary of the board must explain the cumulative voting system and the voting rules to shareholders during the election meeting [2] - Votes must be clearly indicated on the ballot, and if the total votes exceed the shareholder's actual voting rights, the votes will be treated according to specific rules [2] - The election of directors requires that the votes received must exceed half of the total voting rights held by the attending shareholders [2][3] Group 3 - If the number of elected directors is less than required, a second round of elections will be held, and if that fails, a new shareholders' meeting must be convened within two months to fill the vacancies [2][3] - Any amendments to the implementation details must be proposed by the board and approved by the shareholders' meeting [3] - The implementation details will take effect after being approved by the shareholders' meeting [3]