Core Points - The company is holding its third extraordinary general meeting of shareholders in 2025 to discuss important proposals, including signing a patent implementation license contract and revising the external investment management system [1][24]. Group 1: Meeting Details - The meeting is scheduled for July 31, 2025, at 15:00, located at the Keda Guandun Quantum Technology Park in Hefei, Anhui Province [7]. - Voting will be conducted through a combination of on-site and online methods, with specific time slots for online voting [7][3]. Group 2: Proposal on Patent License Agreement - The company plans to renew a patent implementation license agreement with the University of Science and Technology of China (USTC) and sign a new agreement due to business needs [5][10]. - The first contract involves a patent for an arbitrary waveform generation system and a proprietary technology for a low-latency synchronization device, with a license period of three years and a revenue-sharing model where 30% of net sales profit will be paid to USTC [6][10][12]. - The second contract includes three patents and one proprietary technology, with a two-year license period and a one-time entry fee of 200,000 yuan, along with a 50% share of net sales profit [17][18]. Group 3: Impact and Compliance - The transactions are considered normal business operations that will enhance the company's product matrix and market competitiveness without harming the interests of the company or its shareholders [22]. - The company emphasizes that these transactions will not significantly impact its independence or create major reliance on the related party [22].

Core Viewpoint - The company intends to renew a patent/technology licensing agreement with its affiliate, the University of Science and Technology of China (USTC), and also sign a new licensing agreement due to business expansion needs [1][3]. Summary by Sections Licensing Agreements Overview - The company has an existing patent licensing agreement with USTC that has expired and plans to renew it. Additionally, a new patent licensing agreement will be signed [4][18]. - The first contract involves a patent for a waveform generation system with a licensing period of 3 years, where the company will pay 30% of the sales net profit as a royalty [2][3]. - The second contract includes multiple patents with a licensing period of 2 years, requiring an upfront fee of 200,000 yuan and a royalty of 50% of the sales net profit [2][3]. Related Party Transactions - USTC is a significant shareholder, holding over 5% of the company's shares, establishing a related party relationship [3][18]. - The transactions are considered normal business operations and are not expected to impact the company's independence or create significant reliance on the affiliate [3][18]. Financial Terms - The sales net profit is calculated as sales revenue minus manufacturing costs, direct sales expenses, and taxes. The company must provide accurate sales records to USTC [5][13]. - The pricing of the licensing agreements was determined through multiple negotiations and is compliant with relevant laws and regulations [5][18]. Approval Process - The agreements have been approved by the company's board of directors and supervisory board, with independent directors also reviewing and approving the proposals [19][20]. - The agreements will be submitted for approval at the shareholders' meeting, where related parties will abstain from voting [19][20].