Group 1 - The company held its 38th board meeting on July 11, 2025, with all 11 directors present, ensuring compliance with the Company Law and Articles of Association [1][2] - The board approved the proposal to become a group delivery center for all commodity futures at the Shanghai Futures Exchange, taking on all responsibilities outlined in the cooperation agreement and business rules [1] - The proposal regarding the "Quality Improvement and Efficiency Enhancement Action Plan for 2025" was also approved unanimously by the board [2] Group 2 - The voting results for both proposals were unanimous, with 11 votes in favor and no votes against or abstentions [2] - The company will provide relevant documents and materials as required for the group delivery center operations [1] - Details of the "Quality Improvement and Efficiency Enhancement Action Plan for 2025" can be found in the announcement published on the same day in various financial publications and the Shanghai Stock Exchange website [2]