Core Viewpoint - The company is planning to cancel its supervisory board and amend its articles of association, while also proposing to issue H shares in Hong Kong to enhance its capital strength and international competitiveness [3][7][14]. Group 1: Meeting Proposals - The company will cancel the supervisory board, transferring its powers to the audit committee of the board of directors, and amend relevant governance rules [3]. - The company intends to issue H shares and list them on the Hong Kong Stock Exchange to support its global strategy and business development [7][9]. - The proposed issuance of H shares will not exceed 10% of the total share capital post-issuance, with an option for an additional 15% in case of over-allotment [11][12]. Group 2: Fund Utilization - Proceeds from the H share issuance will be used for business development, including AI technology research, global capability building, and strategic investments [16][17]. - The company will have the flexibility to adjust the use of funds based on operational needs and regulatory feedback [16]. Group 3: Governance and Compliance - The company will revise its internal governance structures to comply with new regulations following the H share issuance [5][32]. - The board will be authorized to handle all matters related to the H share issuance, including communication with regulatory bodies and the execution of necessary agreements [19][20]. Group 4: Profit Distribution - The retained earnings prior to the H share issuance will be shared between existing and new shareholders based on their respective ownership percentages post-issuance [29]. Group 5: Insurance and Risk Management - The company plans to purchase liability insurance for directors and senior management to mitigate risks associated with the H share issuance [35].