Core Viewpoint - The company is holding its third extraordinary general meeting of shareholders in 2025 to discuss various proposals, including the reappointment of an auditing firm and adjustments to fundraising projects, ensuring compliance with legal and regulatory requirements [1][12]. Meeting Procedures - All attendees must arrive 15 minutes before the meeting to complete registration and present identification documents [2]. - Only authorized personnel, including shareholders and their representatives, company directors, and invited guests, are allowed to enter the meeting venue [2]. - Attendees must maintain order during the meeting, with restrictions on movement and recording [2][4]. - Shareholders have the right to speak, inquire, and vote, but must register in advance and adhere to time limits for their contributions [3][4]. Voting and Proposals - The meeting will utilize a combination of on-site and online voting, with results published in a resolution announcement [7]. - Shareholders must express their opinions on submitted proposals as either in favor, against, or abstaining [3][6]. - The first proposal involves the reappointment of Da Hua Accounting Firm for the 2025 financial report and internal control audit, with a proposed fee of 1.55 million yuan [6][9]. Fundraising Project Adjustments - The company plans to change the name and implementation details of the "AIOT Industry Application Solution Cloud Platform" project, reducing the total investment from 381.79 million yuan to 160.74 million yuan, a decrease of 57.90% [12][18]. - The project will now focus on upgrading data intelligence applications across various industries, expanding beyond the original IoT application scenarios [15][16]. - The timeline for the project to reach operational status has been extended from December 2025 to December 2026 due to the need for phased development across different industry demands [19][20].

Core Viewpoint - The company is adjusting its fundraising project related to the "AIOT Industry Application Solution Cloud Platform" to better align with the latest trends in data intelligence technology and industry applications, expanding its focus from IoT to more advantageous sectors such as fast-moving consumer goods, telecommunications, TMT, healthcare, and tobacco [6][7][10]. Fundraising Basic Situation - The company was approved to publicly issue 18.568628 million shares at a price of RMB 34.21 per share, raising a total of RMB 560.4 million, which was fully received by July 13, 2020 [2][3]. Fundraising Investment Project Overview - The total investment amount for the fundraising projects is RMB 532.58 million, with the entire amount allocated for specific projects [3]. - As of July 31, 2025, the cumulative investment in the "Multi-dimensional Data Intelligent Analysis Platform Project" and "AIOT Industry Application Solution Cloud Platform Project" is RMB 168.49 million [3]. Adjustments to Fundraising Projects - The project name has been changed to "Industry Data Intelligent Application Service Platform Upgrade Project," with a focus on upgrading existing data analysis technologies to the latest intelligent technology systems [4][6]. - The total investment amount has been significantly reduced from RMB 381.79 million to RMB 160.74 million, reflecting a shift in focus from IoT resources to data and technology capabilities [6][8]. Impact of Adjustments - The adjustments are based on the company's actual business development needs and will not adversely affect its operations or financial status [8][10]. - The project completion date has been extended from December 2025 to December 2026 to accommodate the expanded scope of industry applications and the need for extensive data training and optimization [8][10]. Review Procedures and Opinions - The board of directors approved the adjustments on August 28, 2025, and the audit committee confirmed that the changes align with the company's business needs and regulatory requirements [9][10][11]. - The sponsor has no objections to the changes, affirming compliance with relevant regulations [11].

Group 1 - The company plans to reappoint Dahua Accounting Firm as the auditor for the 2025 financial report and internal control audit, pending approval from the upcoming shareholders' meeting [3][12][13] - Dahua Accounting Firm has a strong track record, with 150 partners and 887 registered accountants, and has audited 112 listed companies in 2024 [4][5] - The audit fee for 2025 is set at 1.55 million RMB, which is consistent with the previous year's fees [12] Group 2 - The company is changing its fundraising project from "AIOT Industry Application Solution Cloud Platform" to "Industry Data Intelligent Application Service Platform Upgrade," reducing the total investment from 381.79 million RMB to 160.74 million RMB, a decrease of 57.90% [17][20][25] - The project aims to adapt to the latest data intelligence technology trends and expand its focus from IoT applications to more advantageous industries such as fast-moving consumer goods, telecommunications, and healthcare [21][22] - The project completion date has been extended from December 2025 to December 2026 to accommodate the expanded scope and development needs [24][25] Group 3 - As of June 30, 2025, the company has invested 194.94 million RMB in fundraising projects, with a remaining balance of 421.48 million RMB [45][48] - The company has established special accounts for fundraising management and has complied with relevant regulations to ensure proper use of funds [46][55] - The company has not engaged in any illegal use of funds or changes in the purpose of fundraising [55]