Meeting Overview - The supervisory board meeting was held on August 9, 2025, with all members present [1] - The board confirmed that the procedures for preparing and reviewing the 2025 semi-annual report complied with legal and regulatory requirements, and the report accurately reflected the company's situation [1] Financial Assessment - The supervisory board conducted a comprehensive review of financial instruments as of June 30, 2025, and found that the credit loss provisions were appropriate and aligned with relevant policies [1][2] - The board agreed that the asset impairment provisions accurately reflected the company's financial status and would not adversely affect governance or compliance [2] Asset Management - The company plans to dispose of non-current assets that have no remaining value or where the costs of continued use exceed the economic benefits, in accordance with legal and accounting policies [2] - The supervisory board assessed the risk report regarding financial transactions with Sichuan Changhong Group Financial Co., Ltd. and deemed the risks manageable [2] Investment Strategy - The company intends to invest up to 1.2 billion RMB in low-risk, high-liquidity bank wealth management products, which will enhance the efficiency of fund utilization without impacting normal operations [3] - The board confirmed that the decision-making process for this investment aligns with legal requirements and protects the interests of all shareholders [3] Financial Reporting Adjustments - The company has sufficient basis for retrospective adjustments to financial statements related to business combinations under common control, ensuring that the adjusted reports accurately reflect financial status and performance [3]