Core Points - The company is holding its second extraordinary general meeting of shareholders in 2025 to discuss significant changes including the cancellation of the supervisory board, changes in business scope, and amendments to the Articles of Association [1][6][9]. Group 1: Meeting Procedures - The meeting will ensure the orderly conduct and rights of shareholders, allowing only authorized participants to enter [1][2]. - Attendees must verify their identity and complete registration 30 minutes before the meeting starts [2][3]. - The meeting will follow a structured agenda, allowing shareholders to express their opinions and vote on proposals [3][4][6]. Group 2: Key Proposals - Proposal 1 involves the cancellation of the supervisory board, with its responsibilities transferred to the audit committee of the board of directors [6][9]. - The company plans to change its business scope to align with strategic development needs, including the manufacturing and sales of electronic materials and related products [8][16]. - The Articles of Association will be amended to reflect the cancellation of the supervisory board and other necessary updates, with specific changes detailed in the attached documents [9][11]. Group 3: Voting and Legal Compliance - Voting will be conducted through both on-site and online methods, with results announced after the meeting [4][6]. - Legal representatives will witness the meeting and provide legal opinions on the proceedings [4][11]. - Shareholders are reminded to maintain order during the meeting and adhere to the established rules [5][6].

Meeting Information - The company will hold its first extraordinary general meeting of shareholders in 2025 on September 19, 2025, at 15:00 [1][2] - Shareholders can participate through on-site voting or online voting via the Shenzhen Stock Exchange systems [1][2] Voting Procedures - Shareholders can only choose one voting method: either on-site or online, and duplicate votes will be disregarded [2] - All ordinary shareholders registered by the close of business on September 11, 2025, are entitled to attend the meeting [2][3] Agenda Items - The meeting will discuss proposals including changes to registered capital, business scope, and amendments to the company's articles of association [2][3] - Proposals 1, 2, and 3 require a special resolution, needing approval from over two-thirds of the voting rights present at the meeting [2][3] Registration Requirements - Individual shareholders must present identification and proof of shareholding for registration [3][4] - Legal representatives of corporate shareholders must provide relevant documentation for registration [4] Online Voting Process - Shareholders can vote online through the Shenzhen Stock Exchange's trading system and internet voting system [4][6] - Detailed procedures for online voting are provided in the attached documents [6]

Meeting Overview - The board meeting was held on August 22, 2025, in accordance with the Company Law and Articles of Association, with all 9 directors present [1][2] - The meeting was chaired by the company's chairman, Mr. Xu Lei, with attendance from supervisors and senior management [1] Resolutions Passed - The board approved the 2025 semi-annual report and its summary with a unanimous vote of 9 in favor [1] - The board approved the special report on the use of raised funds for the first half of 2025, also with a unanimous vote of 9 in favor [2] - The board approved the proposal for the company and its subsidiaries to engage in financial derivative trading, with a unanimous vote of 9 in favor [2] - The board approved the proposal to change the business scope, abolish the supervisory board, and amend the Articles of Association, pending shareholder meeting approval, with a unanimous vote of 9 in favor [2] - The board approved the revision and formulation of certain company systems with a unanimous vote of 9 in favor [3] - The board approved the proposal for additional guarantees for 2025, pending shareholder meeting approval, with a unanimous vote of 9 in favor [3] - The board approved the proposal to convene the fourth extraordinary general meeting of shareholders in 2025 with a unanimous vote of 9 in favor [3][4]

Company Overview - Beijing Zhizhen Technology Co., Ltd. (the "Company") has announced its half-year report for 2025, highlighting its operational results and financial status [1][8]. - The Company has confirmed that all directors attended the board meeting to review the report [2]. Financial Highlights - The Company plans not to distribute cash dividends or issue bonus shares for the reporting period [3]. - The board approved a profit distribution plan for the fiscal year 2024, which includes a cash dividend of RMB 0.6487 per 10 shares, based on a total share capital of 101,820,000 shares after deducting repurchased shares [5][6]. Board Meeting Decisions - The board meeting held on August 20, 2025, approved the half-year report and its summary, confirming that it accurately reflects the Company's operational and financial conditions [8][9]. - The board also approved a special report on the use of previously raised funds, which was verified by an external accounting firm [12][14]. Business Expansion - The Company intends to expand its business scope to include first-class value-added telecommunications services and non-residential real estate leasing [15][59]. - The board proposed to revise the Company’s articles of association to reflect these changes, which will require shareholder approval [16][61]. Funding and Financial Management - The Company plans to apply for a comprehensive credit facility of up to RMB 400 million from banks to support its operational and business expansion needs [19]. - The credit facility will be valid for 12 months and can be used for various financing activities, including working capital loans and trade financing [19]. Upcoming Shareholder Meeting - The Company will hold its fifth extraordinary general meeting on September 9, 2025, to discuss the approved proposals from the board meeting [24][30]. - Shareholders will have the option to vote in person or through an online platform [27][36].

Group 1 - The company is undergoing a significant asset restructuring by issuing shares and cash to acquire all assets of Qingdao Star Investment Fund Center (Limited Partnership) and 0.0285% equity of Qingdao Star Micro International Investment Co., Ltd. to resolve competition with Kumho Tire Co., Ltd. and raise matching funds [5][6] - The Shenzhen Stock Exchange has suspended the review of the company's transaction due to the expiration of the assessment materials submitted in the application, requiring the company to conduct a renewed assessment of the related assets [5][6] - The company is currently progressing with the renewed assessment work in an orderly manner and will fulfill its information disclosure obligations in accordance with relevant laws and regulations [6] Group 2 - The company held a board meeting on August 13, 2025, where it approved the proposal to amend the Articles of Association and related rules, including the cancellation of the supervisory board, with the audit committee of the board taking over its responsibilities [7] - The company plans to change its business scope to better align with its operational needs, which requires approval from the market supervision administration [7][8] - The specific content of the business scope change will be detailed in the revised Articles of Association, pending approval from relevant authorities [8]

Group 1 - The company held its 12th meeting of the second Supervisory Board on August 13, 2025, with all three supervisors present, complying with relevant laws and regulations [1][2] - The Supervisory Board approved a proposal to abolish the Supervisory Board, change the business scope, and amend the Articles of Association, transferring the supervisory powers to the Audit Committee of the Board of Directors [1] - The company will also appoint employee representative directors and authorize management to handle related business registration [1][2] Group 2 - The proposal received unanimous support with 3 votes in favor, and it will be submitted to the shareholders' meeting for further review [2] - The company will publish detailed information regarding the changes on the Shanghai Stock Exchange website [2]

Group 1 - The company held its 29th meeting of the third board of directors on July 22, 2025, with all 7 directors present [2][5] - The board approved the proposal to lease idle factory buildings to enhance asset utilization and generate rental income [4][11] - The proposal to change the business scope and amend the company's articles of association was also approved [7][16] Group 2 - The company plans to lease approximately 30,500 square meters of idle factory space located at 420 Anwen Road, Jinhua City, Zhejiang Province [11] - The rental terms will be determined based on market conditions, and the board will be authorized to finalize the leasing details [11] - The leasing does not constitute a related party transaction or a major asset restructuring [11] Group 3 - The company aims to improve asset efficiency and financial performance through this leasing initiative [13] - The board proposed to convene the first extraordinary general meeting of 2025 to discuss the approved proposals [9][19] - The extraordinary general meeting is scheduled for August 8, 2025, at 15:00 [21][26]

Group 1 - The company held its 13th meeting of the 5th Supervisory Board on June 11, 2025, with all three supervisors present, and the meeting was conducted in accordance with relevant laws and regulations [1][2] - The Supervisory Board approved the proposal to abolish the Supervisory Board and transfer its powers to the Audit Committee of the Board of Directors, along with the corresponding repeal of the rules governing the Supervisory Board [1][2] - The Supervisory Board agreed to adjust the company's business scope in accordance with the requirements of the State Administration for Market Regulation [2]

Group 1 - The company will hold its 2024 annual shareholders' meeting on May 19, 2025 [2] - A temporary proposal has been added to the agenda regarding the change of business scope and the amendment of the company's articles of association [3][16] - The proposal was submitted by the controlling shareholder, Shi Yufeng, who holds 20.18% of the company's shares [2][16] Group 2 - The meeting will take place at the company's conference room at 10:00 AM on May 19, 2025 [6] - Online voting will be available through the Shanghai Stock Exchange's shareholder meeting voting system on the same day [7] - The original equity registration date for the shareholders' meeting remains unchanged [9] Group 3 - The proposed changes to the business scope include the addition of "special equipment manufacturing" and "special equipment sales" [16] - The amendments to the articles of association will be submitted for approval at the shareholders' meeting [16] - The final content of the amendments will be subject to approval by the company's registration authority [16]