Group 1 - The company approved a loan agreement for its subsidiary Zhejiang Bona to borrow up to RMB 40 million from its associate Shanghai Tingdong for business development [1][2] - A supplementary loan agreement was signed, consolidating the RMB 40 million loan with another RMB 30 million loan to Beijing Bona, totaling RMB 70 million for a directed capital reduction repayment plan [2] - The capital reduction will decrease the company's equity stake in Shanghai Tingdong from 9.55% to 4.61% after a total capital reduction of RMB 70.96 million [2][3] Group 2 - The capital reduction is based on an asset valuation report from Beijing Dongshun Asset Appraisal Co., which assessed Shanghai Tingdong's equity value at RMB 132.3 million, reflecting a 96.53% increase from its book value of RMB 67.317 million [10] - The transaction does not constitute a major asset restructuring and does not require shareholder approval [3][10] - The board of directors believes this capital reduction will optimize the financial structure of the subsidiary without significantly impacting the company's financial status or the interests of shareholders, especially minority shareholders [18][19] Group 3 - The independent directors unanimously approved the capital reduction and related transactions, confirming that it would not adversely affect the company's financial condition or independence [19] - The company has had a total of RMB 70 million in loans to the associate Shanghai Tingdong since the beginning of the year [18] - The company will hold a temporary shareholders' meeting on January 5, 2026, to discuss the proposed changes and other matters [49][50]

Core Points - The company held its third extraordinary general meeting of shareholders in 2025, with no proposals rejected or modified during the meeting [2][3] - The meeting was conducted both in-person and via online voting, with a total of 117 shareholders representing 107,530,810 shares, accounting for 49.6616% of the total voting shares [9][10] Meeting Details - The meeting was convened by the board of directors and chaired by Chairman Wu Xiaolin [4] - The in-person meeting took place on December 4, 2025, at 15:00, with online voting available from 9:15 to 15:00 on the same day [5][6] - The record date for shareholding was November 27, 2025 [7] - The meeting location was at the company's conference room in Weifang City, Shandong Province [8] Attendance - A total of 117 shareholders attended, representing 107,530,810 shares [9] - Among them, 10 shareholders attended in person, representing 106,877,310 shares, while 107 shareholders participated via online voting, representing 653,500 shares [10][11] - Small and medium-sized shareholders accounted for 1,836,797 shares, or 0.8483% of the total voting shares [13] Resolutions and Voting Results - The first resolution approved was to conclude the fundraising investment projects and permanently supplement the remaining funds into working capital, with 99.7334% of votes in favor [15][17] - The second resolution involved changing the auditing firm from Yongtuo to Zhihong for the 2025 fiscal year, also receiving 99.7326% approval [19][20] Legal Opinion - The meeting was witnessed by lawyers from Beijing Deheheng Law Firm, who confirmed that the meeting's procedures and voting results complied with relevant laws and regulations [20]

Core Viewpoint - The company held its third extraordinary general meeting of shareholders in 2025, where significant resolutions were passed, including the cancellation of the supervisory board and the revision of the company's articles of association and related rules [1][27]. Meeting Details - The meeting was held on December 2, 2025, at 14:30, with a combination of on-site and online voting [2][3]. - A total of 111 shareholders and their proxies attended, representing 153,175,632 shares, which is 16.7163% of the total voting shares [3]. Resolutions Passed - The resolution to cancel the supervisory board and amend the articles of association was approved with 99.9477% of the votes in favor [6]. - The resolution to amend the rules of shareholder meetings was also passed with 99.9455% approval [9]. - The resolution to amend the rules of board meetings received 99.9574% approval [12]. - The resolution for the wholly-owned subsidiary to provide guarantees for the company was approved with 99.9159% support [15]. - The resolution to adjust the external guarantee limit for 2025 was passed with 99.9015% approval [18]. - The resolution to change the accounting firm was approved with 99.9181% of the votes in favor [21]. Legal Opinion - The legal opinion from Hubei Yingda Law Firm confirmed that the meeting's convening, attendance, and voting procedures complied with relevant laws and regulations, deeming the resolutions legally valid [23]. Additional Information - The supervisory board was officially canceled, and the responsibilities previously held by it will now be managed by the board's audit committee [27]. - The company expressed gratitude to the departing supervisors for their contributions during their tenure [28].

Meeting Information - The company will hold its first extraordinary general meeting of shareholders in 2025 on December 17, 2025, at 14:00 [1][29] - The meeting will be conducted in a combination of on-site voting and online voting [3] - The record date for shareholders to attend the meeting is December 11, 2025 [4] Voting Details - Online voting will be available on December 17, 2025, from 9:15 to 15:00 [2][12] - Shareholders can vote through the Shenzhen Stock Exchange system during specified time slots [21][23] Attendance and Registration - Shareholders must register to attend the meeting, with registration available from 9:30 to 11:30 and 13:30 to 17:00 on December 15, 2025 [10] - Both natural and legal person shareholders can attend, with specific documentation required for registration [8][9] Proposals and Resolutions - The board of directors has approved the proposal to change the accounting firm to Zhonghui Certified Public Accountants for the 2025 fiscal year, with an audit fee of 1.05 million yuan [26][41] - The proposal to hold the extraordinary general meeting was also approved by the board [30] Communication and Documentation - The company has ensured that all disclosures are accurate and complete, with relevant documents available on multiple financial news platforms [7][24] - The company will separately count votes from minority investors to protect their rights [7]

Group 1 - The company will hold its third extraordinary general meeting of shareholders on November 6, 2025 [2][10] - The meeting will be conducted using a combination of on-site and online voting methods [2][3] - The online voting will take place on the same day as the meeting, with specific time slots for trading system and internet platform voting [3][4] Group 2 - The meeting will review several proposals, including adjustments to the 2020 restricted stock incentive plan and the repurchase of certain restricted stocks [19][22] - The company plans to repurchase and cancel a total of 2,051,900 shares of restricted stock due to unmet performance targets [22][39] - The repurchase price for the restricted stock is set at 2.80 yuan per share, with a total expenditure of approximately 5.75 million yuan sourced from the company's own funds [39][40] Group 3 - The company intends to change its registered capital and amend its articles of association following the repurchase of restricted stocks [72] - The total number of shares will decrease from 438,847,974 to 436,796,074, and the registered capital will be reduced accordingly [72] - This change has been approved by the board and will be submitted for shareholder approval at the upcoming meeting [72]

Meeting Information - The third extraordinary general meeting of shareholders for 2025 will be held on November 6, 2025, at 14:30 [2] - The meeting will be conducted using a combination of on-site and online voting methods [2] - The location for the on-site meeting is Nanjing, Software Avenue, Building B, 1st Floor [2] Voting Procedures - Online voting will be conducted through the Shanghai Stock Exchange's shareholder meeting voting system, available from 9:15 to 15:00 on the day of the meeting [3] - Shareholders can vote via the trading system or the internet voting platform [7][8] - Shareholders holding multiple accounts can aggregate their voting rights across all accounts [7] Meeting Attendance - Shareholders registered with the China Securities Depository and Clearing Corporation Limited Shanghai Branch as of the close of trading on the registration date are eligible to attend [10] - The meeting will also include company directors, senior management, and appointed lawyers [10] Agenda Items - The meeting will review several proposals, including adjustments to the 2020 restricted stock incentive plan and the repurchase of certain restricted stocks [19][22] - The company plans to repurchase and cancel 2,051,900 shares of restricted stock due to unmet performance targets [22][39] - The company will also propose changes to its registered capital and amendments to its articles of association [47] Auditor Change - The company intends to appoint Zhongxinghua Certified Public Accountants as its auditor for the 2025 fiscal year, replacing Tianheng Certified Public Accountants [49] - The change is due to regulatory requirements regarding the tenure of auditing firms [50][61] - The proposed audit fees for 2025 are 1.36 million yuan, a decrease of 28.42% from the previous year [59] Legal Compliance - The company has ensured that all proposed actions comply with relevant laws and regulations, including the Company Law and the Securities Law [70]

Group 1 - The company held the 21st meeting of the 8th Supervisory Board on September 29, 2025, with all three supervisors present, complying with relevant laws and regulations [2][3] - The Supervisory Board approved the proposal to cancel the Supervisory Board and amend the Articles of Association, which will be submitted to the shareholders' meeting for review [3][4] - The proposal to change the accounting firm was also approved, with the new firm being Zhongqin Wanxin Certified Public Accountants [5][6] Group 2 - The company plans to appoint Zhongqin Wanxin Certified Public Accountants as the auditing institution for the 2025 financial report and internal control audit [6][9] - The previous accounting firm, Xinyong Zhonghe, provided audit services for the 2023 and 2024 fiscal years, issuing standard unqualified opinions [20] - The change in accounting firm is based on regulatory requirements and the company's business needs, with prior communication confirming no objections from the previous firm [21][22] Group 3 - The company’s Board of Directors held the 29th meeting on September 29, 2025, with all seven directors present, also complying with relevant laws and regulations [26] - The Board approved multiple proposals, including the cancellation of the Supervisory Board and amendments to the Articles of Association, which will also be submitted to the shareholders' meeting [27][29] - The Board's decision to change the accounting firm was supported unanimously, with the proposal to be presented at the upcoming shareholders' meeting [39][43]

Group 1 - The company held its 13th meeting of the 7th Board of Directors on September 5, 2025, with all 5 directors present, including an independent director participating via remote voting [1] - The Board approved the proposal to change the auditing firm to Unitaizhenqing Accounting Firm for the 2025 financial statement audit and internal control audit, pending shareholder approval [1][2] - The company plans to amend its Articles of Association in accordance with new laws and regulations, with specific amendments to be detailed in a separate announcement [2][3] Group 2 - The company has developed and revised several corporate governance systems, including rules for shareholder meetings, board meetings, and various committee working regulations, all pending shareholder approval [3][4] - A third extraordinary general meeting is scheduled for September 22, 2025, at 14:30 to discuss the proposed amendments and other matters [4][5]

Group 1 - The company held its 8th meeting of the 7th Supervisory Board on September 5, 2025, with all three supervisors present, complying with legal and regulatory requirements [1] - The Supervisory Board approved the proposal to change the auditing firm to Yunitai Zhenqing Accounting Firm for the 2025 financial statement audit and internal control audit, pending shareholder approval [1] - The company plans to amend its articles of association in accordance with the new Company Law and relevant regulations, with specific amendments to be published [2]

Core Points - The company is holding its second extraordinary general meeting of shareholders in 2025 on September 12, 2025, at 14:30 [6][7] - The agenda includes the cancellation of the supervisory board, amendments to the company's articles of association, and changes to the accounting firm for 2025 [7][8][11] Meeting Procedures - All participants must maintain the rights of shareholders and ensure the orderly conduct of the meeting [3] - Only shareholders, their proxies, directors, supervisors, senior management, and approved personnel may attend the meeting [3] - Shareholders must arrive 30 minutes before the meeting to register and present identification [3][4] - Voting will be conducted through both on-site and online methods, with each share carrying one vote [5][6] Agenda Items - Proposal 1: Cancellation of the supervisory board and amendments to the articles of association [7][8] - Proposal 2: Amendments to various governance systems, including the cumulative voting system and independent director work system [7][10] - Proposal 3: Change of the accounting firm for the 2025 fiscal year, proposing to appoint Rongcheng Accounting Firm [11][15] Accounting Firm Details - Rongcheng Accounting Firm has a history dating back to 1988 and has been involved in securities services [11] - The firm has handled audits for 518 listed companies in 2024, with a total audit revenue of approximately 251 million [11][12] - The previous accounting firm provided standard unqualified opinions for the 2024 financial report [15]