Group 1 - The company held its fourth meeting of the fourth Supervisory Board, which was convened by the chairperson Meng Peng, with all three supervisors present, complying with relevant laws and regulations [1] - The Supervisory Board approved the proposal to conclude certain fundraising projects and permanently supplement working capital with the remaining funds, which is seen as a reasonable decision to enhance the efficiency of fund usage and beneficial for the company's long-term development [1][2] - The proposal regarding the cancellation of unvested restricted stock due to the departure of two incentive targets and the failure to meet performance targets for the 2024 fiscal year was discussed, resulting in a total of 1.63205 million shares being rendered invalid [2][3] Group 2 - The voting results for the proposal to conclude fundraising projects showed unanimous support with 3 votes in favor, while the proposal regarding the cancellation of restricted stock could not be resolved due to insufficient non-related supervisors present to form a quorum [2][3] - The company plans to disclose further details regarding the cancellation of restricted stock on the official information platform [2][3]