YIJIAHE(SH:603666) Zheng Quan Zhi Xing·2025-07-17 10:22Core Viewpoint - The company is holding its second extraordinary general meeting of shareholders in 2025 to discuss important matters including share repurchase, cancellation of the supervisory board, and the appointment of the auditing firm for the fiscal year 2025 [2][7][11]. Group 1: Shareholder Meeting Procedures - The meeting aims to maintain the legal rights of all shareholders and ensure orderly proceedings [2]. - Only authorized personnel, including shareholders, directors, supervisors, and invited guests, are allowed to attend the meeting [3]. - Late attendees can participate in discussions but cannot vote if they arrive after voting has commenced [3][4]. - Shareholders have the right to speak, inquire, and vote during the meeting, with specific procedures for raising questions and making statements [5][6]. Group 2: Share Repurchase and Capital Reduction - The company approved a share repurchase plan in May 2022, allocating between RMB 50 million and RMB 100 million for repurchasing shares at a maximum price of RMB 69 per share [7][15]. - As of August 16, 2022, the company repurchased a total of 960,396 shares, representing a certain percentage of the total share capital [7][15]. - The company plans to cancel these repurchased shares, reducing the total share capital from 206,490,816 shares to 205,530,420 shares, and the registered capital from RMB 20,649,081.6 to RMB 20,553,042.0 [10][15]. Group 3: Governance Changes - The company proposes to abolish the supervisory board, transferring its responsibilities to the audit committee of the board of directors, in line with new regulations effective from July 1, 2024 [11][12]. - The company will revise its articles of association and related governance documents to reflect these changes [14][17]. - The proposed changes aim to enhance corporate governance and protect the interests of investors, particularly minority shareholders [17]. Group 4: Auditing Firm Appointment - The company recommends reappointing Tianheng Accounting Firm for the 2025 fiscal year, maintaining the audit fee at RMB 1.16 million, consistent with the previous year [12][13]. - The firm has demonstrated the necessary qualifications and experience in providing auditing services to listed companies [12]. Group 5: Other Proposals - The company will revise its internal regulations to improve operational standards and governance structures [17]. - The revisions will be comprehensive, addressing various aspects of corporate governance in accordance with relevant laws and regulations [17].