Meeting Overview - The first extraordinary general meeting of shareholders was held on August 1, 2025, at the company's office in Taizhou, Zhejiang Province [2] - The meeting was attended by all 7 current directors and 3 supervisors, with some participating online [4][5] Voting and Resolutions - No resolutions were rejected during the meeting [2] - The meeting utilized a combination of on-site and online voting methods, complying with relevant laws and regulations [3] - Several key resolutions were passed, including the cancellation of the supervisory board and amendments to the company's articles of association [7][9] - All special resolutions received more than two-thirds approval from the voting shareholders, while ordinary resolutions received a simple majority [9] Legal Compliance - The meeting was witnessed by Beijing Guofeng Law Firm, confirming that the procedures followed were in accordance with legal and regulatory requirements [9]

Group 1 - The company is holding its first extraordinary general meeting of shareholders in 2025 to ensure the rights of all shareholders and maintain order and efficiency during the meeting [1][2] - The meeting will allow shareholders to exercise their rights to speak, inquire, and vote, while ensuring that the normal order of the meeting is not disturbed [2][3] - The voting will be conducted through a combination of on-site and online methods, with specific time slots for each voting method [4] Group 2 - A total of 10 proposals will be presented at the meeting, with the first three requiring a special resolution that must be approved by more than two-thirds of the voting rights held by participating shareholders [3] - The company plans to abolish the supervisory board and amend its articles of association in accordance with new regulations from the China Securities Regulatory Commission [6][7] - The meeting agenda includes signing in, announcing the start of the meeting, reading the meeting rules, and voting on the proposals [7][8] Group 3 - The company will revise its articles of association to reflect the removal of the supervisory board and the establishment of an audit committee [6][7] - Several internal regulations, including the rules for shareholder meetings, board meetings, independent directors, and fundraising management, will be amended to align with current laws and regulations [9][12][13][14][15][16] - The revised documents will be disclosed on the Shanghai Stock Exchange website on July 24, 2025 [8][12][16]