Core Insights - Dongguan Xingqiu Electronic Technology Co., Ltd. has been established with a registered capital of 1 million RMB, and the legal representative is Zhong Peiji [1] Company Overview - The company is engaged in a wide range of activities including technology services, development, consulting, and transfer [1] - It manufactures and sells power electronic components and distribution switch control equipment [1] - The business scope also includes wholesale and retail of various electronic components, hardware products, household appliances, and other consumer goods [1]

Core Viewpoint - Shanghai Future Innovation Electric Technology Co., Ltd. has been established with a registered capital of 10,000 RMB, focusing on various technical services and sales in the electrical and mechanical equipment sectors [1] Company Overview - The company is legally represented by Ge Fei and has a registered capital of 10,000 RMB [1] - The business scope includes general projects such as technology services, development, consulting, and sales of electrical equipment, mechanical and electrical equipment, and various other products [1] Business Activities - The company engages in the sale of electrical signal devices, electrical instruments, lighting fixtures, hardware products, plastic products, and construction materials [1] - It also provides labor services (excluding labor dispatch), installation services for general mechanical equipment, and smart power distribution and control equipment sales [1] - Additional services include information technology consulting, market marketing planning, software development, industrial design, and maintenance of electronic and mechanical equipment [1] Licensing and Regulatory Compliance - The company is involved in licensed projects such as construction engineering and specialized construction operations, which require approval from relevant authorities before commencement [1] - The specific business activities are subject to approval documents or permits from relevant departments [1]

Group 1 - The company has decided to abolish the supervisory board, transferring its powers to the audit committee of the board of directors, in accordance with the latest regulations of the Company Law of the People's Republic of China [1] - The company will hold a temporary shareholders' meeting to review the proposal regarding the cancellation of the supervisory board, changes in business scope, and amendments to the Articles of Association [1][2] Group 2 - The company plans to change its business scope to include high-voltage switch equipment, power distribution and control equipment, and related services, reflecting its actual operational needs [2] - The new business scope will also encompass the manufacturing and sales of various electrical and electronic products, including power supply systems and automation technology services [2] Group 3 - Amendments to the Articles of Association are aimed at enhancing the company's governance structure and compliance with relevant laws and regulations [4] - Specific changes include updates to the company's registered name and the legal framework governing shareholder rights and responsibilities [4][5]

Group 1 - The company plans to acquire an additional 2.832% equity stake in its subsidiary, Yanzhou Dongfang Electromechanical Co., Ltd., for a total of 3.977 million yuan, increasing its ownership from 50% to 52.832% [6][10][14] - The acquisition aims to enhance the company's control over the subsidiary, improve operational efficiency, and optimize resource allocation [6][14] - The financial data of Yanzhou Dongfang Electromechanical Co., Ltd. shows total assets of 391.7949 million yuan and net assets of 119.0279 million yuan as of March 31, 2025 [9][10] Group 2 - The company intends to renew its financial services agreement with Shandong Energy Group Financial Co., Ltd., expanding the services from only bill acceptance to include deposit services and comprehensive credit services [15][18] - This transaction is classified as a related party transaction but does not constitute a major asset restructuring [15][18] - The financial services agreement aims to lower financing costs and improve capital efficiency for the company and its subsidiaries [15][18] Group 3 - The company proposes to cancel its supervisory board and transfer its responsibilities to the audit committee of the board of directors, in compliance with the new Company Law effective from July 1, 2024 [20][21] - The company will revise its articles of association accordingly to reflect this change [20][21] - The proposed changes have already been approved by the company's board of directors and supervisory board [20][21]