Group 1 - The company held its fourth board meeting on September 28, 2025, with all seven directors present, complying with relevant regulations [2][5][6] - The board approved a proposal to increase the stake in Chongqing Changjia Zongheng Private Equity Fund Management Co., Ltd. by participating in a public auction for up to 27.20% of the shares, using a budget of up to RMB 8 million [3][4][17] - The company currently holds a 1.60% stake in Changjia Zongheng and aims to enhance its investment returns through this acquisition [3][4][16] Group 2 - The company’s controlling shareholder, Qiu Hongyang, proposed to provide interest-free financial assistance of up to RMB 250 million to support the company's operations and important projects [8][27][35] - The financial assistance will be in the form of a loan, with a repayment period of six months, extendable upon request, and will not require any collateral [9][32][35] - The board approved this financial assistance proposal unanimously, indicating strong support from the controlling shareholder [10][36][37]

Group 1 - The company has decided to exercise its right for early redemption of the "Sanyang Convertible Bonds" based on current market conditions and its own situation [4] - The redemption price for the "Sanyang Convertible Bonds" is set at 100.49 yuan per bond, including accrued interest [2][11] - The redemption conditions are met as the company's stock price has been above 130% of the conversion price for 15 out of 30 trading days [7] Group 2 - The "Sanyang Convertible Bonds" will stop trading on October 14, 2025, and the redemption date is set for October 17, 2025 [3][16] - The company will fully redeem all "Sanyang Convertible Bonds" that have not been converted by the redemption registration date [11][16] - The funds from the redemption will be credited to the bondholders' accounts by October 24, 2025 [16] Group 3 - The company plans to use the funds from the early redemption for its operational needs and to support business development [47][54] - The company’s controlling shareholder will provide a maximum of 250 million yuan in interest-free financial assistance to support the company's operations and the redemption of the convertible bonds [47][50] - This financial assistance will be provided as a loan without interest and does not require any form of guarantee from the company [52][54]