Group 1 - The company has decided to cancel its supervisory board and abolish the "Supervisory Meeting Rules," amending its articles of association in compliance with the new Company Law of the People's Republic of China [17][19] - The board's decision to cancel the supervisory board is in line with regulatory requirements that mandate the establishment of an audit committee within the board by January 1, 2026 [19] - The proposal to amend the articles of association and related governance rules will be submitted for approval at the company's 2024 annual general meeting [2][19] Group 2 - The company announced a delay in the completion of its fundraising projects, including the "New Fire Suppression and Explosion Prevention System Upgrade Project," "High-Reliability Core Component Industrialization Project," and "Research and Development Center Construction Project," now expected to be completed by July 30, 2026 [4][10] - The delay is attributed to the need for careful decision-making regarding the selection and assembly of production lines and equipment due to uncertainties in the macroeconomic environment [8][10] - The company has confirmed that the delay will not change the investment content, total investment amount, or implementation subjects of the fundraising projects, and will not have a substantial impact on their execution [11][15] Group 3 - The company has reported a total impairment loss of 30.18 million yuan for the year 2024, which includes inventory impairment losses of 10.82 million yuan and credit impairment losses of 19.37 million yuan [23][25] - The impairment provisions are made to reflect the company's asset and operational status accurately, in accordance with accounting standards [22][26] - The impairment will reduce the company's total profit for the year 2024 by 30.18 million yuan, but it will not affect the company's normal operations [25][26] Group 4 - The company is subject to a delisting risk warning due to its 2024 annual net profit being negative and its revenue falling below 100 million yuan after excluding non-operating income [28][29] - The stock will be suspended from trading starting April 30, 2025, with a delisting risk warning effective from May 6, 2025, and the stock will be renamed to *ST Tianwei [28][29]