Group 1 - The company held its 29th meeting of the fifth board of directors on July 1, 2025, with all 7 directors present, ensuring compliance with legal and regulatory requirements [2][3][4] - The board approved the draft of the 2025 Restricted Stock Incentive Plan to attract and retain talent, aligning the interests of shareholders, the company, and core team members [3][7][50] - The plan proposes to grant 7,713,799 shares of restricted stock, accounting for 1.00% of the company's total share capital of 768,573,661 shares [45][52] Group 2 - The board also approved the management measures for the implementation of the 2025 Restricted Stock Incentive Plan, ensuring the plan's smooth execution [7][17] - The plan requires approval from the third extraordinary general meeting of shareholders scheduled for July 17, 2025 [6][12] - The incentive plan includes a detailed assessment mechanism to evaluate the performance of the incentive objects, which includes directors, senior management, and key technical personnel [20][70] Group 3 - The company will hold the third extraordinary general meeting of shareholders on July 17, 2025, with both on-site and online voting options available [25][26] - The voting will be conducted through the Shanghai Stock Exchange's network voting system, allowing shareholders to participate conveniently [26][28] - The company emphasizes the importance of the incentive plan in fostering long-term development and aligning interests among stakeholders [50][71]