Group 1 - The company held its first extraordinary general meeting of shareholders in 2025 on October 27, 2025, with a combination of on-site and online voting methods [2][5][6] - A total of 525 shareholders attended the meeting, representing 291,004,569 shares, which is 23.2282% of the total voting shares [9][8] - The meeting approved several resolutions, including changes to the use of repurchased shares and the reduction of registered capital [12][15][57] Group 2 - The resolution to change the use of repurchased shares and to cancel them received 99.4335% approval from the voting shareholders [12] - The resolution to reduce registered capital and increase board seats was also approved with 99.4104% of votes in favor [15] - The company will reduce its total share capital by 5,500,000 shares following the cancellation of repurchased shares [57] Group 3 - The company elected Zhang Ting as the employee representative director of the board, with her term starting immediately [62][63] - The election of the employee representative director was conducted in accordance with the revised company articles, which stipulate that such representatives are elected by employees [62][63] - Zhang Ting meets all legal and regulatory requirements for the position and has no conflicts of interest with major shareholders or other board members [65][66]

Meeting Details - The third extraordinary general meeting of shareholders was held on September 15, 2025, with both on-site and online voting options available [2][3] - A total of 713 shareholders (or their proxies) attended, representing 399,583,440 shares, which is 25.8029% of the total voting shares [3][4] Proposal Voting Results - The shareholder return plan for the next three years (2025-2027) was approved with 395,332,380 votes in favor, accounting for 98.9361% of the valid votes [6] - The reappointment of the accounting firm was approved with 393,051,176 votes in favor, representing 98.3652% of the valid votes [8] - The proposal to change the purpose of part of the repurchased shares and to cancel them was approved with 395,668,280 votes in favor, which is 99.0202% of the valid votes [10] - The amendment of the registered capital and revision of certain articles of the company's articles of association was approved with 394,394,440 votes in favor, accounting for 98.7014% of the valid votes [12] - The external director allowance management measures were approved with 392,563,836 votes in favor, representing 98.2433% of the valid votes [14] - Various governance system revisions, including independent director work system and external guarantee management system, were approved with significant majorities [17][19][21][23][25] Legal Opinion - The legal opinion provided by Beijing Wei Heng (Guiyang) Law Firm confirmed that the meeting was convened and conducted in accordance with national laws and regulations, and the resolutions passed are valid [27] Capital Reduction Announcement - The company announced a change in the purpose of repurchased shares, leading to a reduction in registered capital from 1,554,688,404 yuan to 1,554,624,504 yuan [29][30] - Creditors are notified to claim their debts within 45 days from the announcement date [30][31]