Group 1 - The company held its fifth meeting of the sixth board of directors on August 1, 2025, with all eight directors present [2][3] - The meeting approved the revision of the company's articles of association and related rules, including the abolition of the supervisory board, with its functions transferred to the audit committee of the board [4][13] - The company plans to hold the third extraordinary general meeting of shareholders on August 18, 2025, to discuss the approved proposals [12][21] Group 2 - The board approved the election of a new non-independent director, Gao Hongqing, to replace the resigning director Li Aijun [10][18] - The meeting also approved the revision of the working rules for various board committees to enhance internal management [5][9] - The company will unify the terminology in its articles of association, changing "shareholders' meeting" to "shareholders' assembly" [14]