Group 1 - The company held its 14th meeting of the 5th Supervisory Board on June 16, 2025, with all three supervisors present, complying with relevant laws and regulations [1][2] - The Supervisory Board approved the adjustment of the purpose of the repurchased shares from "maintaining company value and shareholder rights" to "cancellation and corresponding reduction of registered capital" [2] - The company plans to cancel 5,690,100 shares repurchased in 2022, reducing the total share capital from 345,752,939 shares to 340,062,839 shares, and the registered capital from 345,752,939 yuan to 340,062,839 yuan [2]