Group 1 - The board of directors of Zhejiang Wansheng Intelligent Technology Co., Ltd. held a meeting on July 27, 2025, where all members were notified through various means, and 8 directors participated in the voting [1] - The board approved the transfer of assets from a wholly-owned subsidiary to the company, which is expected to optimize management structure, reduce management levels, improve operational efficiency, and lower management costs, aligning with the company's long-term development strategy [1] - The resolution regarding the asset transfer received unanimous support with 8 votes in favor, 0 against, and 0 abstentions [1] Group 2 - The board also approved an increase in the estimated daily related transactions for 2025, which is deemed necessary for the company's business development and aligns with long-term interests [2] - The related transactions were determined to be fair and reasonable, classified as normal business activities, and compliant with relevant laws and regulations, ensuring no harm to the company or shareholders, particularly minority shareholders [2] - The voting results for the related transactions included 7 votes in favor, 0 against, 0 abstentions, and 1 member recused from voting [2]