Group 1 - The supervisory board of Guangdong Electric Sound Marketing Co., Ltd. held a meeting to discuss the adjustment of the stock option exercise price under the 2021 incentive plan [1][2] - The supervisory board concluded that the adjustment of the stock option exercise price complies with relevant laws and regulations and will not materially affect the company's financial status or operating results [1] - The adjustment was authorized within the scope of the company's 2021 second extraordinary general meeting, and the decision-making process was deemed legal and compliant, with no harm to shareholder interests [1][2] Group 2 - The voting results of the supervisory board meeting showed unanimous support for the adjustment, with 3 votes in favor and none against or abstaining [2] - The announcement regarding the adjustment was published on the company's official information disclosure platform [2]

Group 1 - The company held its fifth temporary meeting of the tenth supervisory board on June 2025, with proper notification and compliance with legal regulations [1] - The supervisory board approved the proposal to adjust the exercise price of stock options in the 2021 restricted stock and stock option incentive plan, with unanimous support from all members [1] - A legal opinion was provided by Xinjiang Tianyang Law Firm regarding the proposal, which can be found on the Shanghai Stock Exchange website [1]

Group 1 - The company held its 20th meeting of the 4th Board of Directors on May 22, 2025, to discuss various proposals [2][3][4] - The meeting was attended by all 7 directors, and the resolutions passed were deemed legal and effective [4][5] - The company plans to distribute a cash dividend of RMB 0.09 per share for the fiscal year 2024, pending approval at the upcoming shareholder meeting [56][57][58] Group 2 - The company approved the cancellation of 50,000 stock options and the repurchase of 64,400 restricted stocks due to the departure of two incentive plan participants [9][24][28] - The repurchase price for the restricted stocks was adjusted from RMB 4.24 to RMB 4.15 per share [13][66][71] - The company will hold its first extraordinary general meeting of 2025 on June 9, 2025, to discuss the approved proposals [21][77][78] Group 3 - The company’s total share capital will decrease from 289,699,061 shares to 289,634,661 shares following the repurchase and cancellation of stocks [34][40][35] - The company’s registered capital will also be adjusted accordingly, reflecting the changes in share capital [34][40][35] - The adjustments to the company’s capital structure and the related proposals will be submitted for shareholder approval [20][21][38]

Core Viewpoint - The company, Jiufeng Energy, has announced its profit distribution plan for the fiscal year 2024, which includes a cash dividend of 0.82868 CNY per share and a total cash dividend distribution of 750 million CNY for the year [1][2][3] Distribution Plan - The fixed cash dividend for the fiscal year 2024 is set at 500,202,698.80 CNY (including tax), with an additional 249,797,301.20 CNY already distributed in the first half of 2024, totaling 750 million CNY for the year [2] - The cash dividend per share is adjusted to 0.82868 CNY due to an increase in total share capital from the conversion of convertible bonds [3][4] Important Dates - The key dates for the dividend distribution are as follows: - Record date: May 30, 2025 - Last trading day: June 3, 2025 - Ex-dividend date: June 3, 2025 - Cash dividend payment date: June 3, 2025 [1][4] Taxation Details - The cash dividend of 0.82868 CNY per share is subject to different tax treatments based on the holding period of the shares, with specific rates outlined for various holding durations [5][6][7] Price Adjustments - Following the dividend distribution, the conversion price for the company's convertible bonds and the repurchase price for shares will be adjusted accordingly [8]

Group 1 - The company held its sixth temporary meeting of the sixth supervisory board on May 19, 2025, with all three supervisors present, complying with relevant laws and regulations [1][2]. - The supervisory board approved the cancellation of 774.66 million stock options from the 2024 first phase restricted stock and stock option incentive plan due to 86 individuals losing their eligibility and 59 individuals failing to meet performance targets [1][2]. - The cancellation of stock options was deemed compliant with the "Management Measures for Equity Incentives of Listed Companies" and other relevant regulations, ensuring no harm to the interests of the company and its shareholders [2][3]. Group 2 - The first exercise period conditions of the 2024 first phase restricted stock and stock option incentive plan have been met, allowing eligible participants to exercise their options within the specified period [2][3]. - The arrangements for the exercise of stock options were confirmed to be in accordance with relevant laws and regulations, with the board's approval not requiring submission to the shareholders' meeting [2][3].

北京市东城区建国门内大街 26 号新闻大厦 7 层、8 层 电话：010-88004488/66090088 传真：010-66090016 邮编：100005 北京国枫律师事务所 关于上海爱旭新能源股份有限公司 法律意见书 国枫律股字2025A0159 号 致：上海爱旭新能源股份有限公司（贵公司） （以下称"《公司章程》"）的规定，就本次会议的召集与召开程序、召集人资格、出 席会议人员资格、会议表决程序及表决结果等事宜，出具本法律意见书。 北京国枫律师事务所（以下称"本所"）接受贵公司的委托，指派律师出席并见证 贵公司 2025 年第一次临时股东会（以下称"本次会议"）。 本所律师根据《中华人民共和国公司法》（以下称"《公司法》"）、《中华人民 共和国证券法》（以下称"《证券法》"）、《上市公司股东会规则》 （以下称"《股东 会规则》"）、 《律师事务所从事证券法律业务管理办法》 （以下称"《证券法律业务管理办 法》"）、《律师事务所证券法律业务执业规则（试行）》（以下称"《证券法律业务执业规 则》"）等相关法律、行政法规、规章、规范性文件及《上海爱旭新能源股份有限公司章 程》 对本法律意见书的出具，本所律 ...

Meeting Overview - The fifth meeting of the fifth supervisory board of Jiangsu Riying Electronics Co., Ltd. was held on May 9, 2025, with all three supervisors present, and the meeting was conducted in accordance with relevant laws and regulations [1]. Adjustment of Stock Incentive Plan - The supervisory board approved the adjustment of the reserved grant price for the 2024 restricted stock and stock option incentive plan, confirming that it complies with the relevant laws and regulations [2][3]. - The adjustment of the exercise price for the stock options under the 2024 incentive plan was also approved, with the process deemed legal and compliant [2][3]. - The adjustment of the repurchase price for the restricted stock under the 2024 incentive plan was approved, ensuring it aligns with the relevant legal frameworks [3][4]. Voting Results - The voting results for all proposed adjustments were unanimous, with 3 votes in favor, and no votes against or abstentions [2][3][4].