Core Points - The revised Funeral Management Regulations will be officially implemented on March 30, 2026, emphasizing the public welfare nature of funeral services and establishing a transparent and sustainable service system [1][2] Group 1: Regulatory Framework - The regulations specify that funeral service institutions must be government-run, including public institutions or local state-owned enterprises, ensuring basic services are publicly controlled [1] - Basic services such as body transportation, storage, embalming, cosmetic treatment, and cremation must be provided exclusively by funeral homes, while non-basic services can be offered by other entities under regulatory oversight [1] - A service list system will be implemented to manage fees, prohibiting charges for items not included in the list, with local government departments responsible for price monitoring to prevent excessive charges [1] Group 2: Market Management - Organizations or individuals engaged in funeral service agency, product purchasing, planning, and consulting must register with local government departments to be included in a unified regulatory system, preventing disorderly competition and fraud [1] - The regulations promote ecological burial methods, encouraging practices such as sea burials, tree burials, and lawn burials, and provide detailed guidelines for the planning of funeral facilities and public cemetery construction [2] - The implementation of the new regulations marks a transition to a legal and standardized phase in funeral management, fundamentally safeguarding the dignity of the deceased and the rights of the public [2]

Group 1 - The company Yilida's subsidiary, Qingdao Ocean, focuses on the research and production of high polymer materials, including waterproof, anti-corrosion, and wear-resistant products [1] - The company plans to expand its market focus to include the pipeline industry, water conservancy and hydropower, infrastructure construction, engineering construction, and new energy sectors [1]

Core Viewpoint - Shenzhen Kexin New Materials Co., Ltd. is revising its Articles of Association and related systems to enhance corporate governance and comply with updated legal regulations [1][2]. Summary by Sections Reason for Modification - The company aims to improve operational standards and governance structure by canceling the supervisory board and transferring its powers to the audit committee of the board of directors [1][2]. Revision of Articles of Association - Key changes include adjustments to the governance structure, addition of provisions for employee representative directors, and removal of the supervisory board section [2][3]. - The revisions involve a comprehensive review of the Articles of Association, with significant changes highlighted while minor textual adjustments are not detailed [2]. Specific Amendments - The first article emphasizes the protection of the rights of shareholders and creditors, aligning with the latest legal requirements [3]. - The second article confirms the company's establishment under relevant laws, with registration details provided [4]. - The governance structure now includes provisions for the chairman as the legal representative and outlines responsibilities related to civil activities [4]. - The company’s assets are divided into equal shares, with shareholders liable only to the extent of their subscribed shares [5]. - The Articles of Association will serve as a binding document for the company, shareholders, and management, detailing rights and obligations [5][6]. Share Issuance and Capital Increase - The company will issue shares publicly, ensuring equal rights for all shareholders [6][7]. - The issuance of shares will be at a nominal value of RMB 1.00 per share [7][8]. Shareholder Rights and Obligations - Shareholders have rights to dividends, participation in meetings, and oversight of company operations [13][14]. - The company outlines the process for shareholders to request access to company documents and the conditions under which such requests can be denied [14][15]. Governance and Legal Compliance - The company emphasizes compliance with laws and regulations, ensuring that decisions made by the board and shareholders are valid and enforceable [15][16]. - Provisions are included to protect minority shareholders from actions by controlling shareholders that may harm their interests [16][17]. Financial Assistance and Share Repurchase - The company may provide financial assistance for acquiring shares under specific conditions, with limits set on the total amount [9][10]. - The company can repurchase its shares under certain circumstances, such as capital reduction or mergers [10][11]. Responsibilities of Directors and Management - Directors and management are held accountable for safeguarding company assets and may face penalties for negligence [27].

General Provisions - Shenzhen Cotran New Material Co., Ltd. is established as a joint-stock company according to the Company Law and other relevant regulations [4] - The company was approved by the China Securities Regulatory Commission to issue 22 million shares of ordinary stock to the public on November 17, 2017 [4] - The registered capital of the company is RMB 126.431804 million [5] Business Objectives and Scope - The company's business objective is to enhance management levels and core competitiveness while providing quality services to customers and maximizing shareholder value [6] - The business scope includes research, manufacturing, and sales of waterproof, fireproof, anti-corrosion, sealing, and insulation materials, as well as various electronic materials and products [6][7] Shares - The company's shares are issued in the form of stocks, with a par value of RMB 1.00 per share [8] - The total number of shares issued at the establishment of the company was 60 million shares, with 100% held by the founding shareholders [8] Shareholder Rights and Obligations - Shareholders have the right to receive dividends and participate in decision-making processes, including voting at shareholder meetings [13] - Shareholders are obligated to comply with laws and regulations, pay for their subscribed shares, and not misuse their rights to harm the company or other shareholders [19] Shareholder Meetings - The company holds annual shareholder meetings within six months after the end of the fiscal year, and temporary meetings can be called under specific circumstances [50][51] - Shareholder meetings must be announced at least 20 days in advance for annual meetings and 15 days for temporary meetings [62] Decision-Making and Voting - Major decisions, such as capital increases, mergers, and significant transactions, require approval from the shareholders' meeting [45][48] - The voting process must comply with legal and regulatory requirements, ensuring that all shareholders have the opportunity to participate [31][32]