Group 1 - The board of directors of Hubei Huqiang Technology Co., Ltd. held its 12th meeting of the second session on July 8, 2025, with all 9 directors present, ensuring compliance with relevant laws and regulations [1][2] - The board approved the proposal to change the continuous supervision sponsor institution and sponsor representative, authorizing the management to handle related matters [1][2] - The board also approved the proposal to re-sign the tripartite supervision agreement for raised funds after changing the sponsor institution, granting management the authority to sign the agreement with the sponsor institution and the bank [2]