Group 1 - The company held its second extraordinary general meeting of shareholders on September 17, 2025, with no resolutions being rejected [2][3] - The total number of shares entitled to vote at the meeting was 75,389,323, after excluding repurchased shares [2] - The meeting was legally valid, with all procedures and voting methods complying with the Company Law and the company's articles of association [3][8] Group 2 - Three non-cumulative voting resolutions were passed: the cancellation of the terminated 2023 employee stock ownership plan, the shareholder return plan for 2025-2027, and the amendment of registered capital and company articles [5][6] - The resolutions required a two-thirds majority of the voting rights held by shareholders present at the meeting [6][7] Group 3 - The company announced the cancellation of 1,894,393 shares related to the terminated 2023 employee stock ownership plan, reducing the total share capital from 77,730,937 shares to 75,836,544 shares [10][12] - The registered capital will also decrease from 77,730,937 yuan to 75,836,544 yuan following the cancellation [12] Group 4 - Creditors are notified of the capital reduction and have 30 days from receiving the notice, or 45 days from the announcement date, to claim their debts [12][13] - Specific documentation is required for creditors to assert their claims, including contracts and identification [13][14]

Core Viewpoint - Baoland has announced the cancellation of its terminated "2023 Employee Stock Ownership Plan," resulting in the cancellation of 1,894,393 shares, which will reduce the total share capital from 77,730,937 shares to 75,836,544 shares [1] Group 1 - The company held its fourth board meeting and second extraordinary shareholders' meeting on August 28 and September 17, 2025, respectively, to approve the cancellation of the employee stock ownership plan [1] - Following the cancellation, the registered capital will decrease from 77,730,937 yuan to 75,836,544 yuan [1] - The final share capital changes will be confirmed by the Shanghai branch of China Securities Depository and Clearing Co., Ltd [1] Group 2 - The company has notified its creditors about the capital reduction, allowing them to claim debts or request guarantees within specified timeframes [1] - Creditors must submit relevant documents to prove their claims, with specific requirements outlined for both corporate and individual creditors [2] - The claim submission period is from September 18, 2025, to November 2, 2025, with designated submission times and contact information provided [2]