Core Points - Jilin Sino-Microelectronics Co., Ltd. is holding its second extraordinary general meeting of shareholders on July 11, 2025, to discuss important matters including a rectification plan for the controlling shareholder's fund occupation [1][2][5] - The controlling shareholder, Shanghai Pengsheng Technology Industry Co., Ltd., has committed to a rectification plan to address the non-operational fund occupation amounting to 1,490.6782 million yuan, as mandated by the China Securities Regulatory Commission [5][6][8] - The rectification plan includes repayment of the occupied funds and interest totaling 1,555.8996 million yuan, with specific arrangements for repayment through share transfer agreements with Yadong Investment [6][7][8] Meeting Procedures - The meeting will be conducted with a designated secretariat responsible for organization and related matters, ensuring the protection of shareholders' rights and orderly proceedings [1][2] - Shareholders must register in advance to speak and are required to adhere to the agenda, with voting conducted via a named ballot system [2][3] - The meeting will take place at the company's headquarters in Jilin City, with provisions for both on-site and online voting [3][4] Shareholder Rights - Shareholders attending the meeting have the right to speak and vote, with specific guidelines for submitting questions and comments [2][3] - Non-shareholders are prohibited from speaking unless permitted by the meeting host, ensuring that discussions remain focused on the agenda [2][3] Rectification Plan Details - The rectification plan involves Shanghai Pengsheng repaying the occupied funds through various means, including cash repayment and asset disposal [5][6] - The repayment will be facilitated by a share transfer agreement with Yadong Investment, which has already received approval from the Jilin Provincial State-owned Assets Supervision and Administration Commission [7][8] - The plan aims to resolve the fund occupation issue and restore compliance with regulatory requirements [5][8]