Group 1 - The company will hold its first extraordinary general meeting of 2025 on September 17, 2025, at 14:30 in Nanjing [2][5][36] - Voting will be conducted through a combination of on-site and online methods, utilizing the Shanghai Stock Exchange's network voting system [3][4][6] - Shareholders must register to attend the meeting, with registration available from September 16, 2025 [11][13] Group 2 - The company has approved a proposal to authorize the chairman to sign loan contracts not exceeding 500 million RMB to improve capital operation efficiency [20][21] - The company will also participate in land bidding based on market conditions, with management authorized to determine bidding strategies [22][23] - The company plans to cancel the supervisory board and amend its articles of association accordingly, with the supervisory board's functions transferred to the audit committee [32][33] Group 3 - The company has decided to recognize an asset impairment provision of 205.83 million RMB, reflecting the financial status as of June 30, 2025 [42][44] - Specific impairments include 125.89 million RMB for the Nanjing Yanshangyuefu project and 79.94 million RMB for the Wuxi Tianyueyayuan project [43][25] - The board and supervisory committee have reviewed and approved the asset impairment provision, ensuring compliance with accounting standards [45][46][48] Group 4 - The company’s subsidiary, Nanjing Xingyan Real Estate Development Co., Ltd., will receive a capital increase of approximately 60.25 million RMB from Nanjing Xunyan Construction Co., Ltd., with the company waiving its preemptive rights [51][60] - After the capital increase, the subsidiary's registered capital will rise to approximately 560.25 million RMB, maintaining the company's controlling interest [51][60] - The capital increase is expected to enhance cash flow and support the development of the Yanshangyuefu project, aligning with the company's strategic focus on real estate [60]