Core Viewpoint - The company held its ninth temporary board meeting, where several key resolutions were passed, including the appointment of a new board member and the extension of the employee stock ownership plan [1][2]. Group 1: Board Resolutions - The board approved the proposal to elect Mr. Yuan Jie as a director of the sixth board, with a unanimous vote of 9 in favor [1]. - The board also approved the extension of the second employee stock ownership plan, again with a unanimous vote of 9 in favor [2]. - A proposal to convene the third temporary shareholders' meeting of 2025 was also approved, with a unanimous vote of 9 in favor [2]. Group 2: Mr. Yuan Jie's Profile - Mr. Yuan Jie, born in October 1974, is a Chinese national with no permanent residency abroad and has been serving as the Deputy General Manager of the Information Security Management and Operations Center at China Mobile Communications Group since 2017 [2]. - He currently holds the position of Deputy General Manager in the Network and Information Security Management Department at China Mobile [2]. - Mr. Yuan does not hold any shares in the company and has no relationships with shareholders holding more than 5% of the company's shares, nor with other directors, supervisors, or senior management [2].

Core Points - The company held its third temporary board meeting of the 11th session on May 23, 2025, via communication voting, with all 9 directors participating [2]. - The board approved a proposal to purchase professional liability insurance for directors, supervisors, and senior managers to protect their legal rights and reduce risks associated with their duties [2][3]. - The company plans to apply for a bank credit limit of up to 3 billion RMB to ensure stable and sustainable development, with the credit limit being available for use until the annual shareholders' meeting in 2025 [3]. - The board also approved an extension of the 2021 employee stock ownership plan, which was set to expire on May 23, 2025 [3][4]. Proposal Details - The professional liability insurance will cover civil compensation claims due to unintentional violations, crisis management costs, and legal service fees, with a total coverage limit of 100 million RMB [3]. - The insurance will be underwritten by China Ping An Property Insurance Co., Ltd., with a premium estimated to be within 360,000 RMB [3]. - The bank credit application will allow for revolving use of the credit limit, with specific financing terms to be agreed upon with the banks [3].