Core Viewpoint - Daqian Ecological Environment Group Co., Ltd. has decided to abolish its supervisory board and transfer its responsibilities to the audit committee of the board of directors, along with amendments to its articles of association and an expansion of its business scope [2][38]. Group 1: Board Meeting Decisions - The board meeting was held on September 12, 2025, with all nine directors present, and the resolutions made were deemed legal and effective [1][3]. - The proposal to abolish the supervisory board and amend the articles of association was approved unanimously by the board [3][4]. - The proposal to revise and establish various governance systems was also approved, including amendments to the rules governing shareholder meetings and board meetings [5][7]. Group 2: Governance System Revisions - The company has undertaken a systematic review and revision of its governance systems to enhance operational standards and protect investor rights [44]. - Multiple governance documents were revised, including the rules for the audit committee, nomination committee, and remuneration and assessment committee, all receiving unanimous approval [9][10][11][12][13][14][15][16][17][18][19][20][21][22]. Group 3: Business Scope Expansion - The company plans to expand its business scope to include new areas such as pet sales and services, as well as various sales and consulting services [39][40]. - The revised business scope will now encompass a wider range of activities, including the sale of building materials, pet products, and information technology consulting [40][41]. Group 4: Upcoming Shareholder Meeting - A temporary shareholder meeting is scheduled for September 29, 2025, to discuss the approved proposals and other matters [29][48]. - The meeting will utilize both on-site and online voting methods, ensuring broad participation from shareholders [49][50].

Group 1 - The core viewpoint of the announcement is the approval of the revised shareholder return plan for the years 2024-2026, which aligns with new laws and regulations without harming the interests of the company and its shareholders [1][2] - The meeting was held on August 14, 2025, with all three supervisors present, and the procedures followed legal requirements [1] - The proposal to conclude fundraising projects and permanently supplement surplus funds into working capital was also approved, enhancing the efficiency of fund usage [2][3] Group 2 - The voting results for both proposals were unanimous, with 3 votes in favor and no opposition or abstentions [2] - Both proposals will be submitted for review at the company's second extraordinary general meeting of shareholders in 2025 [2][3] - The detailed content of the revised shareholder return plan will be available on the specified information platforms [2]

Board Meeting Overview - The third meeting of the third board of directors of the company was held on August 11, 2025, with all 7 directors present, including 3 independent directors [1] - The meeting was chaired by the company's chairman, Mr. Qu Lei, and complied with relevant laws and regulations [1] Resolutions Passed Capital and Corporate Structure Changes - The board approved a proposal to change the registered capital, registered address, and business scope, as well as to amend the company's articles of association due to the planned repurchase and cancellation of certain restricted stocks [1] - The new registered address will be changed to "17th Floor, No. 25, Tai Ran Cang Song Building, Tianan Community, Sha Tou Street, Futian District, Shenzhen" [1] Governance Structure Revisions - The board approved the revision and establishment of corporate governance systems to align with the new Company Law and improve internal governance [2][4] - All governance proposals received unanimous support with 7 votes in favor [2] Shareholder Return Plan - The board approved revisions to the "Future Three-Year (2024-2026) Shareholder Return Plan" to ensure compliance with legal requirements and alignment with the amended articles of association [4] Fund Utilization - The board approved the conclusion of fundraising projects related to the "AI-based Smart Port System Development and Industrialization Project" and the allocation of surplus funds amounting to approximately RMB 288.74 million for working capital [4][5] Board Elections - The board proposed the election of non-independent directors for the fourth board, nominating Mr. Qu Lei, Mr. Jiang Bing, and Mr. Miao Yingliang, with a term of three years [5][6] - Independent director candidates nominated include Ms. Cao Wei, Ms. Zhang Xuelian, and Mr. Huang Xin, also for a three-year term [6][7] Upcoming Shareholder Meeting - The board approved the convening of the second extraordinary general meeting of shareholders on September 1, 2025 [7][8]