Meeting Overview - The shareholders' meeting of Shenzhen Biyimei Electronics Co., Ltd. was held on September 5, 2025, at the company's training room in Yunk科技大厦, Nanshan District, Shenzhen [1] - A total of 32 ordinary shareholders attended the meeting, holding 30,187,224 voting rights, which accounted for 43.2805% of the company's total voting rights [1] Voting Results - All non-cumulative voting proposals were approved with a significant majority, where 30,183,869 votes (99.9889%) were in favor, 3,355 votes (0.0111%) were against, and no votes were abstained [2][3] - The voting process adhered to the regulations set forth by the Company Law and the company's articles of association [1][4] Legal Compliance - The meeting was witnessed by lawyers Xu Shuai and Sun Jingqu, who confirmed that the meeting's procedures, attendees, and voting results complied with relevant laws and regulations, ensuring the legality and validity of the resolutions passed [4]

Group 1 - The board of directors of Saiwei Times Technology Co., Ltd. held its fifth meeting of the fourth session on September 5, 2025, with all nine directors present, confirming compliance with relevant laws and regulations [1] - The board approved the draft of the 2025 Restricted Stock Incentive Plan to attract and retain talent while aligning the interests of shareholders, the company, and core teams [1][2] - The voting results for the incentive plan showed 7 votes in favor, 0 against, and 0 abstentions, with 2 directors abstaining due to their involvement as incentive recipients [2][4] Group 2 - The board proposed to authorize the board to manage various aspects of the 2025 Restricted Stock Incentive Plan, including determining the grant date and adjusting the grant price in case of capital changes [3][4] - The board will also be responsible for confirming the eligibility and quantity of restricted stocks for the incentive recipients and managing the overall implementation of the plan [3][4] - A special resolution will be submitted to the third extraordinary general meeting of shareholders scheduled for September 22, 2025, to approve the incentive plan [4][5]

Group 1 - The company held its 12th meeting of the 5th Board of Directors on July 3, 2025, with all 7 directors present, ensuring compliance with relevant laws and regulations [1] - The Board approved the draft of the 2025 Restricted Stock Incentive Plan to attract and retain talent while aligning the interests of shareholders, the company, and employees [1][2] - The plan aims to establish a long-term incentive mechanism and requires approval from the shareholders' meeting with a two-thirds majority [2][3] Group 2 - The Board also approved the implementation assessment management measures for the 2025 Restricted Stock Incentive Plan, which will be disclosed on the same day [2][3] - The Board proposed to authorize itself to handle various matters related to the implementation of the incentive plan, including determining eligibility and adjusting stock grants [4][5] - A temporary shareholders' meeting is scheduled for July 22, 2025, to further discuss the incentive plan [6]