Core Viewpoint - The legal opinion issued by Guoshi Law Firm confirms that the shareholder meeting of Luopute Technology Group Co., Ltd. held on June 23, 2025, complied with relevant Chinese laws and regulations, as well as the company's articles of association [1][9]. Group 1: Shareholder Meeting Procedures - The third meeting of the third board of directors was held on June 6, 2025, and a resolution was made to convene the shareholder meeting, with notification sent to shareholders 15 days prior [3][4]. - The meeting took place at the specified location and time, with the chairman presiding over the session, confirming compliance with the notification [4][9]. Group 2: Attendance and Voting - A total of 72 shareholders (or their representatives) attended the meeting, representing 99,606,417 shares, which accounted for 55.9111% of the total shares eligible to vote [5][9]. - All attendees, including directors, supervisors, and senior management, were verified to have the legal qualifications to participate in the meeting [5][9]. Group 3: Proposals and Resolutions - A temporary proposal was submitted by shareholder Chen Yanxing, holding 38.18% of shares, to include additional items in the agenda for the meeting, which was accepted by the board [6]. - The meeting reviewed and approved several resolutions, with voting results indicating significant support from shareholders, including a special resolution that required a two-thirds majority [7][8]. Group 4: Voting Procedures - Shareholders had the option to vote either in person or via an online platform, with the voting process conducted in accordance with legal and regulatory requirements [8][9]. - The final voting results were compiled from both in-person and online votes, confirming that all resolutions were passed by a majority of the valid voting rights [9].

Core Viewpoint - The company is preparing for its second extraordinary general meeting of shareholders in 2025, focusing on maintaining order and efficiency during the meeting while ensuring the rights of all shareholders are protected [1][2][3]. Meeting Guidelines - All attendees must respect the rights of shareholders and maintain order during the meeting [1]. - Only shareholders, their proxies, directors, supervisors, senior management, invited lawyers, and other invited personnel are allowed to attend the meeting [1]. - Attendees must sign in at least 30 minutes before the meeting starts, and their identities will be verified [2]. - Shareholders have the right to speak, consult, and vote during the meeting, with a time limit of 5 minutes for each speaker [3]. Voting Procedures - The meeting will adopt a named voting method for each agenda item, and votes must be clearly marked on the ballot [6]. - Both on-site and online voting will be combined to determine the resolutions of the shareholders' meeting [6]. Meeting Agenda - The agenda includes welcoming remarks, reporting the number of attending shareholders, reading the meeting guidelines, and reviewing various proposals [5]. - Key proposals include the cancellation of the supervisory board, amendments to the company’s articles of association, and the implementation of a stock option incentive plan [5][6][7][8]. Financial Performance - The company reported a cumulative undistributed profit of -222.0758 million yuan as of December 31, 2024, indicating that the unremedied losses have reached one-third of the total paid-in capital [8]. - The losses are attributed to prolonged project timelines, reduced revenue, increased loss rates, and higher provisions for credit impairment losses [8]. Stock Option Incentive Plan - The company aims to establish a long-term incentive mechanism through a stock option plan to attract and retain talent while aligning the interests of shareholders and employees [9][10]. - The plan will involve issuing stock options to selected employees, with specific management and assessment methods outlined [10][11].

Core Points - The company is established as a joint-stock limited company under the laws of the People's Republic of China, specifically the Company Law and Securities Law [2][3] - The registered capital of the company is RMB 185.438042 million [3][6] - The company was approved for registration by the China Securities Regulatory Commission on January 19, 2021, and listed on the Shanghai Stock Exchange's Sci-Tech Innovation Board on February 23, 2021, with an initial public offering of 46.83 million shares [3][4] - The company's business scope includes software development, security system monitoring services, data processing services, and various manufacturing activities related to electronic and AI technologies [4][5] Company Structure - The company is a permanent joint-stock limited company, with the general manager serving as the legal representative [3][6] - The company has a total of 185.438042 million shares issued, all of which are ordinary shares [6][7] - The company’s shares are held by 22 founding shareholders, with a total of 138 million shares issued at a par value of RMB 1.00 per share [5][6] Governance and Management - The company is governed by its articles of association, which are legally binding for the company, shareholders, directors, and senior management [3][11] - The company has established a Communist Party organization to conduct activities in accordance with the Party's regulations [4] - The company’s shareholders have rights to dividends, voting, and other benefits proportional to their shareholdings [11][12] Shareholder Rights and Responsibilities - Shareholders are entitled to request meetings, supervise company operations, and access company documents [11][12] - Shareholders holding more than 3% of shares for over 180 days can request to review the company's accounting books [12][13] - Shareholders must comply with laws and the company’s articles of association, and they are liable for damages caused by abusing their rights [16][40] Financial Management - The company can increase its capital through various means, including issuing convertible bonds, subject to shareholder approval [7][23] - The company is restricted from providing financial assistance for the acquisition of its shares, except under specific conditions [7][8] - The company must disclose significant transactions and guarantees exceeding certain thresholds to shareholders [19][21]

Core Viewpoint - The company is preparing for its 2024 Annual General Meeting (AGM) to ensure the protection of shareholders' rights and maintain order during the meeting, while also addressing its financial performance and strategic direction in the AI sector. Meeting Guidelines - All attendees must respect shareholders' rights and maintain order during the AGM [1] - Only authorized personnel will be allowed entry, and disruptive behavior will be reported [1] - Shareholders must sign in 30 minutes before the meeting and present necessary identification [2] - Shareholders have the right to speak, ask questions, and vote during the meeting [3] - Voting will be conducted through a combination of on-site and online methods [7] Financial Performance - The company reported a total asset value of 1.52 billion yuan and a net asset value of 892 million yuan, reflecting a 20% decrease from the previous year [24] - The company experienced a significant decline in revenue, with total revenue of approximately 143 million yuan, down 68.08% from the previous year [24][25] - The net profit attributable to shareholders was -193 million yuan, indicating a worsening loss compared to the previous year [24][25] Strategic Focus - The company is focusing on AI research and development to enhance its technological capabilities and integrate into the AI industry ecosystem [6][8] - It aims to strengthen compliance and governance while actively seeking new business growth points [7][8] - The company plans to enhance its data governance capabilities and develop customized AI solutions tailored to industry needs [14][15] Shareholder Engagement - The company has implemented a share buyback program for three consecutive years to stabilize investor expectations and enhance shareholder value [8] - The AGM will discuss various proposals, including the board's work report, financial reports, and profit distribution plans [5][23] Future Outlook - The company aims to leverage AI technology to address industry challenges and enhance operational efficiency [13][15] - It plans to continue investing in R&D and expand its market presence through strategic partnerships and collaborations [16][17]