Core Points - Visionary Holdings Inc. successfully held its 2025 Annual General Meeting (AGM) with 97.79% of voting rights represented, exceeding quorum requirements [1] - All core agenda items, including board renewal and auditor reappointment, were approved with an overwhelming majority, establishing a solid governance foundation for the upcoming fiscal year [2] I. Board Renewal - The company renewed its Board of Directors, adhering to U.S. SEC and Nasdaq standards for director independence, with 16 candidates selected from 18 profiles [3] - Nine candidates were officially elected to the 4th Session of the Board, receiving over two-thirds of affirmative votes, with their term lasting until the end of the 2026 AGM [4] - The new board members bring diverse professional backgrounds, enhancing strategic decision-making and governance structure [5] II. Reappointment of Auditors - The AGM approved the reappointment of Assentsure PAC as the auditor for the 2025-2026 fiscal year, ensuring compliance with U.S. SEC and Nasdaq audit supervision requirements [6] - Assentsure PAC has a strong track record, having completed the previous fiscal year's audit efficiently, and will continue to ensure accurate financial disclosures [7] III. Review of Annual Reports - The financial report for the 2024-2025 fiscal year was approved, highlighting that 78% of revenue came from core businesses, with a 100% year-on-year growth in net profit from new health projects [9] - The company maintained total assets of USD 68,792 thousand and an asset-liability ratio of 80%, indicating a stable financial structure [9] - Strategic progress included establishing branches in China, acquiring new clients, and enhancing international brand influence [10] IV. Confirmation of Statutory Matters - The AGM confirmed the legality of the board election results, the appointment of Assentsure PAC, and the compliance of the 2024-2025 Form 20-F with regulatory requirements [12] V. Follow-up Arrangements - The first meeting of the new Board of Directors is scheduled for November 3, 2025, to elect key positions and appoint senior management, with resolutions to be disclosed promptly [13] Conclusion - The Board of Directors emphasized a commitment to shareholder responsibility and business development, aiming to enhance core competitiveness and deliver long-term value [14]

Core Viewpoint - Beijing Haidian District is actively seeking to attract global AI entrepreneurs by offering incentives such as rent reductions and support for AI startups through the establishment of the "Zhongguancun AI North Latitude Community" [1][3][8] Group 1: Economic and Industrial Development - Haidian District aims to leverage its significant economic capacity, with a GDP of 1.29 trillion yuan in 2024, to foster a new wave of innovation in AI and technology [7][9] - The district has seen a 200.6% growth in economic volume over the past decade, primarily driven by the internet economy and the emergence of major tech companies [7][9] - The "Zhongguancun AI North Latitude Community" is part of Haidian's strategy to create a key area for AI enterprises, covering over 100,000 square meters [3][8] Group 2: Infrastructure and Space Utilization - The North Zone of Zhongguancun Science City has ample development space, with nearly 10 million square meters available for industrial development, addressing concerns about overcrowding in the southern areas [2][9] - The North Zone is positioned as a significant area for industrial space, comprising 54% of Haidian District's total area, and is expected to support the growth of small and medium-sized tech enterprises [9][10] - The district is developing shared experimental and testing platforms to facilitate the transition from research to industrial production, addressing the lack of facilities for tech companies [11][12] Group 3: Community and Support for Startups - As of July 8, 2023, the "Zhongguancun AI North Latitude Community" has 130 reserved companies, with 27 having applied for residency, indicating strong interest from AI firms [7][8] - The community offers various support measures, including computing power, rent reductions, talent housing, and educational resources to foster innovation [3][8] - The initiative reflects Haidian's commitment to solving high rental costs for office and living spaces, which have been a barrier for tech startups [7][9]