Group 1 - The company held its 18th meeting of the 8th Board of Directors on February 10, 2026, with all 5 directors present, and the meeting complied with legal and regulatory requirements [2][4] - The Board approved the proposal to amend the Articles of Association, which includes adding one employee representative director to enhance corporate governance [2][10] - The independent director remuneration was adjusted from 60,000 RMB to 84,000 RMB per year, aiming to improve the motivation and responsibility of independent directors [4][18] Group 2 - The Board approved the proposal to dissolve the wholly-owned subsidiary Guangzhou Jialong Food Co., Ltd. and the Guangzhou branch to optimize resource allocation and reduce management costs [7][24] - The dissolution of these entities is expected to improve overall operational efficiency without adversely affecting the company's production and operations [28][25] Group 3 - The company announced the first extraordinary shareholders' meeting for 2026, scheduled for March 10, 2026, to discuss the approved proposals from the Board meeting [8][31] - The meeting will allow both on-site and online voting, with specific timeframes for each voting method [33][49]

Core Viewpoint - The company is holding a shareholder meeting on July 16, 2025, to discuss and vote on several key proposals, including adjustments to independent director compensation and revisions to various internal management systems [1][2][3][4][5]. Group 1: Meeting Details - The shareholder meeting will take place on July 16, 2025, at 14:00 in the company meeting room, with online voting available from 9:15 to 15:00 on the same day [1]. - The meeting will be presided over by Liu Zhenggang, who will introduce attendees and report on the number of shareholders present and proxy votes [1]. Group 2: Proposals for Discussion - Proposal 1: Adjustment of independent director compensation from 100,000 RMB to 150,000 RMB per year, effective from the start of the ninth board of directors' term [2]. - Proposal 2: Revision of the "Independent Director Work System" to align with current laws and the company's actual situation [3]. - Proposal 3: Revision of the "Related Party Transaction Management Measures" to comply with relevant regulations and the company's circumstances [4]. - Proposal 4: Revision of the "Fundraising Management System" to meet regulatory requirements and the company's needs [4]. - Proposal 5: Revision of the "Financing and External Guarantee Management Measures" to ensure compliance with laws and the company's operational context [5]. - Proposal 6: Revision of the "Director and Senior Management Compensation Assessment Management Measures" to reflect changes in the company's governance structure [5].