Group 1 - The company held its 15th meeting of the 4th Board of Directors on July 10, 2025, with all 9 directors present, complying with relevant regulations [1][2] - The board approved the proposal to change the company's business scope and amend the Articles of Association, with a unanimous vote of 9 in favor [1] - The proposal will be submitted for review at the shareholders' meeting [1] Group 2 - The board also approved the proposal to convene the second extraordinary shareholders' meeting of 2025, with a unanimous vote of 9 in favor [2] - The details of the proposals will be disclosed on the Shenzhen Stock Exchange and other media as per regulatory requirements [2]

Group 1 - The company held its third board meeting on June 6, 2025, with all nine directors present, and the meeting was deemed legally valid [1] - The board approved the proposal to abolish the supervisory board, transferring its powers to the audit committee of the board, and corresponding amendments to the company's articles of association were made [1][2] - The board also approved the revision of internal governance systems to enhance management mechanisms in accordance with relevant laws and regulations [2][3] Group 2 - The board acknowledged that as of December 31, 2024, the company's cumulative undistributed profits amounted to a negative value that reached one-third of the total paid-in capital [3] - A proposal to convene the second extraordinary general meeting of shareholders in 2025 was also approved by the board [3][4]