Core Viewpoint - "Black technology" is injecting new momentum into the sports consumption market by deeply integrating advanced technologies such as AI, 5G, and virtual reality into various sports scenarios, enhancing user experience and driving the industry towards a digital and intelligent era [2][4][10]. Group 1: Technological Integration in Sports - The "iShenTi" platform in Shenzhen showcases the integration of AR navigation and a 360-degree viewing system, addressing common spectator pain points and enhancing the event experience [2]. - Shenzhen Sports Center has transformed into a benchmark for "sports + technology" integration, featuring extensive wireless networks and advanced technologies for efficient venue management [4]. - The rise of smart wearable devices is enabling personalized sports experiences, with new equipment providing precise guidance and data tracking for users [5]. Group 2: Economic Impact of Sports Technology - Events like the 2025 FIBA Women's Asia Cup have significantly boosted local economies, with a 9.4% increase in daily foot traffic and a 21.2% rise in restaurant revenues [5]. - The sports industry in China is experiencing robust growth, with over 63,000 sports equipment manufacturers and a market value increase from 1.12 trillion yuan in 2015 to over 1.5 trillion yuan, reflecting a 34% growth [10]. Group 3: Future Trends and Opportunities - The government is promoting the sports industry, aiming for a total scale exceeding 7 trillion yuan by 2030, emphasizing the importance of technology in driving innovation and meeting consumer demands [10]. - The global market for smart wearable sports devices is projected to grow from $132.4 billion in 2024 to $265.9 billion by 2029, with a compound annual growth rate of 15% [11].

Meeting Details - The meeting was held on August 26, 2025, at 14:00, with online voting available from 9:15 to 15:00 on the same day [1] - A total of 189 shareholders participated, representing 71,544,596 shares, which is 50.6655% of the total voting shares [1] Voting Results - The total voting results showed that 71,927,274 shares were in favor of the proposals, accounting for 99.8234% of the valid votes [2] - For small shareholders, 382,678 shares voted in favor, representing 75.0501% of their valid votes [2] - The voting results consistently showed a high approval rate, with figures such as 99.8158% and 99.8005% in favor across various proposals [3][6] Legal Opinion - The legal opinion provided by Shanghai Junlan Law Firm confirmed that the meeting's procedures, attendance, and voting were in compliance with relevant laws and regulations, deeming the resolutions valid [8]

Core Viewpoint - The legal opinion issued by Shanghai Junlan Law Firm confirms the legality and validity of the procedures and results of the 2025 first extraordinary general meeting of shareholders of Jiangsu Jinling Sports Equipment Co., Ltd. [1][6] Group 1: Meeting Procedures - The board of directors convened the 32nd meeting on August 8, 2025, to approve various proposals, including changes to registered capital and amendments to the company’s articles of association [1][3] - The notice for the extraordinary general meeting was published on August 9, 2025, detailing the meeting's basic information, including the date, location, and voting procedures [1][3] - The meeting was scheduled for August 26, 2025, with specific voting times outlined for both onsite and online participation [1][3] Group 2: Attendance and Voting - A total of 189 shareholders and representatives attended the meeting, representing 72,054,493 shares, which is 51.0266% of the total voting shares [5] - Among the attendees, 183 were minority investors, holding 509,897 shares, accounting for 0.3611% of the total voting shares [5] - The legal opinion confirms that the qualifications of the attendees were valid according to relevant laws and regulations [5][6] Group 3: Resolutions Passed - The meeting approved several proposals, including changes to registered capital and amendments to the articles of association, with voting results indicating majority support for each proposal [5][6] - Specific voting results included: - Proposal for changing registered capital received 71,927,274 votes in favor, representing 0.0348% of the total voting rights [5] - Proposal for the fundraising management system received 71,926,074 votes in favor, representing 0.0365% of the total voting rights [5] - Other proposals, such as the board meeting rules and remuneration management system, also received similar levels of support [5] Group 4: Conclusion - The legal opinion concludes that all aspects of the meeting, including the qualifications of the conveners, procedures, attendance, and voting results, comply with the Company Law and relevant regulations, rendering the resolutions valid [6]

Core Points - The document outlines the compensation management system for the board of directors and senior management of Jiangsu Jinling Sports Equipment Co., Ltd, aiming to enhance the incentive and restraint mechanism for operators, maintain the stability of the core management team, and improve the company's operational management level [1][2] Compensation Management Principles - The compensation system is designed to reflect the value of each position, align responsibilities, authority, contributions, and benefits, link compensation levels to company goals and performance, and emphasize both incentives and constraints [5][6] Compensation Structure - The compensation for directors and senior management consists of a basic salary and performance-based salary, with the performance salary being tied to the company's annual performance and assessed by the board's compensation and assessment committee [6][8] Compensation Distribution - Salaries for directors and senior management are distributed according to the company's internal salary distribution system, with independent director allowances paid monthly following shareholder approval [4][7] Salary Adjustment Criteria - Salary adjustments are based on industry salary growth, inflation levels, company profitability, organizational structure changes, and individual position changes [7][8]

Group 1 - The board meeting of Jiangsu Jinling Sports Equipment Co., Ltd. was held legally and effectively, with all members present and voting unanimously in favor of the proposals [1][2][3] - The board approved several governance documents and management systems, including the Audit Committee Working Rules and the Nomination Committee Working Rules, all receiving unanimous support [2][3] - A total of 27 proposals were reviewed and passed by the board, with all receiving unanimous approval, indicating strong consensus among board members [3] Group 2 - The company is making efforts to enhance its governance structure and operational norms by revising and abolishing certain governance systems [2][3] - Specific proposals included the establishment of management systems for investor relations, information disclosure, and internal control, all aimed at improving corporate governance [2][3] - The company plans to submit some of the approved proposals to the shareholders' meeting for further consideration [3]

Meeting Overview - The company will hold its first extraordinary general meeting of shareholders in 2025 on August 26, 2025, at 14:00 [1] - The meeting will allow both on-site and online voting for shareholders [1][4] Voting Procedures - Shareholders can vote through the Shenzhen Stock Exchange trading system or the internet voting system on the same day [1][4] - The voting time for the trading system is from 9:15 to 9:25, 9:30 to 11:30, and 13:00 to 15:00 [1] - Shareholders must choose either on-site voting or online voting, and duplicate votes will be counted based on the first valid vote [1][5] Eligibility and Registration - All shareholders registered by the cut-off date of August 21, 2025, are eligible to attend the meeting [2] - Registration for corporate shareholders requires specific documentation, including a power of attorney if represented by an agent [4] - Individual shareholders must present their securities account card and identification for registration [4] Meeting Agenda - The meeting will review specific proposals, with details provided in the agenda [3] - Voting will be conducted on non-cumulative voting proposals, and the results will be counted accordingly [3][7] Contact Information - Shareholders can contact the company’s securities department for any inquiries regarding the meeting [4]

Core Viewpoint - The document outlines the management system for the resignation of directors and senior management personnel at Jiangsu Jinling Sports Equipment Co., Ltd, aiming to ensure stability in corporate governance and protect the rights of the company and its shareholders [1][2]. Chapter Summaries Chapter 1: General Principles - The system is established in accordance with relevant laws and regulations, including the Company Law of the People's Republic of China and the company's articles of association [1]. Chapter 2: Resignation Circumstances and Procedures - Directors can resign before their term ends by submitting a written resignation report, which becomes effective upon receipt by the company [3]. - If a director's resignation results in the board falling below the legal minimum number of members, the director must continue to fulfill their duties until a new director is appointed [3][4]. - The shareholders' meeting can decide to dismiss a director, effective immediately upon resolution [2]. - Senior management can also resign before their term ends, with specific procedures outlined in their labor contracts [2]. Chapter 3: Handover Procedures and Unresolved Matters - Resigning directors and senior management must hand over all company-related documents and assets within five working days after their resignation becomes effective [4]. - If there are significant unresolved matters, the audit committee may initiate a departure audit [4]. Chapter 4: Obligations of Resigning Directors and Senior Management - The obligations of loyalty to the company and confidentiality regarding sensitive information continue after resignation [5]. - Resigning personnel must report any changes in their shareholdings and are restricted from transferring shares within six months post-resignation [5][6]. Chapter 5: Accountability Mechanism - The board will review any breaches of commitments or obligations by resigning personnel and may pursue compensation for losses incurred [6]. - Resigning personnel can appeal the board's decisions regarding accountability within fifteen days [6]. Chapter 6: Supplementary Provisions - The system will be effective upon approval by the board and will be revised in accordance with any changes in laws or regulations [6].

Core Viewpoint - The company aims to enhance its investment value and shareholder returns through effective market value management strategies, focusing on improving company quality and maintaining investor trust [1][2]. Group 1: Objectives and Principles of Market Value Management - The primary goal of market value management is to protect the interests of investors, especially small and medium-sized investors, while promoting the company's operational quality and development [1][2]. - The management principles include compliance with laws, value creation through core business development, maximizing long-term shareholder interests, scientific management based on key factors affecting investment value, and maintaining integrity [2][3]. Group 2: Organizational Structure and Responsibilities - The Board of Directors is the leading body for market value management, responsible for setting long-term investment value goals and ensuring that investor interests are considered in major decisions [2][3]. - A Market Value Management Committee is established to formulate and decide on significant market value management plans, with the Chairman of the Board serving as the committee head [3][4]. Group 3: Main Methods of Market Value Management - The company will focus on its core business and adopt various strategies to enhance operational capabilities and overall quality, including mergers and acquisitions, equity incentives, cash dividends, investor relations management, and share buybacks [5][6]. - Mergers and acquisitions will be utilized to strengthen core competitiveness and expand business coverage, while equity incentives will align the interests of management and employees with long-term company value [5][6]. Group 4: Compliance and Ethical Standards - The company and its stakeholders must adhere to compliance standards, avoiding actions such as insider trading, misleading disclosures, and market manipulation [7]. - There is a strong emphasis on maintaining a healthy market environment and ensuring that all market value management activities are conducted within legal frameworks [7].

Core Points - The document outlines the procedures and requirements for Jiangsu Jinling Sports Equipment Co., Ltd. to select and appoint accounting firms for auditing purposes, ensuring compliance with relevant laws and regulations [2][3][4] Group 1: General Principles - The company establishes a system for the selection of accounting firms to ensure compliance with the Company Law and other relevant regulations [2] - The selection process must be approved by the Audit Committee and the Board of Directors, and ultimately decided by the shareholders' meeting [2][3] Group 2: Quality Requirements for Accounting Firms - Selected accounting firms must possess independent legal status, necessary qualifications, and a good reputation [4] - The firms should have a fixed workplace, sound organizational structure, and robust internal management systems [4] Group 3: Selection Procedures - The selection process includes competitive negotiations, public bidding, and other methods to ensure fairness and transparency [3][5] - The Audit Committee is responsible for overseeing the selection process and evaluating the performance of the appointed accounting firms [5][6] Group 4: Reappointment and Replacement - The company may reappoint accounting firms that meet selection criteria without going through the public selection process, subject to annual review by the Audit Committee [3][6] - The company must replace accounting firms under specific circumstances, such as significant quality defects or delays in audit work [6][7] Group 5: Supervision and Penalties - The Audit Committee is tasked with monitoring the performance of the selected accounting firms and ensuring compliance with auditing standards [7][8] - Serious violations by accounting firms can lead to disqualification from future appointments [8]

Core Points - The document outlines the external guarantee system of Jiangsu Jinling Sports Equipment Co., Ltd, aiming to regulate external guarantee behaviors and control risks [1][2] - The system applies to the company and its controlling subsidiaries, defining external guarantees as providing guarantees or collateral for others [1][2] - The principles of external guarantees include legality, prudence, mutual benefit, and safety, with strict controls on debt risks [2][3] Summary by Sections General Principles - The external guarantee system is established to protect shareholders and investors' rights based on relevant laws and regulations [1] - The system applies to the company and its controlling subsidiaries, with specific definitions of external guarantees [1][2] Basic Principles of External Guarantees - Guarantees must adhere to principles of legality, prudence, mutual benefit, and safety [2] - The board of directors or shareholders must review and approve any external guarantees [2][3] Approval Authority and Procedures - The finance department and board office are responsible for daily management of external guarantees [3] - A thorough analysis of the applicant's financial status and risks must be conducted before approval [3][4] Management of External Guarantees - The company must implement risk control measures and conduct due diligence on the guaranteed party [4][5] - Contracts for guarantees must be in writing, and the company must manage these contracts diligently [6][7] Information Disclosure - The company is required to disclose all external guarantee matters to the auditing firm and announce board or shareholder resolutions regarding guarantees [8][9] - Specific conditions trigger the need for timely disclosure, such as failure to repay debts or significant changes in the guaranteed party's financial status [9][10]