Group 1 - The company held its 12th meeting of the 3rd Supervisory Board on July 3, 2025, with all three supervisors present, confirming the legality and validity of the meeting [1] - The Supervisory Board approved the draft of the 2025 Employee Stock Ownership Plan, stating it complies with relevant laws and regulations and does not harm the interests of the company or shareholders [1][2] - The voting results for the Employee Stock Ownership Plan were 2 votes in favor, with no opposition or abstentions, and one supervisor recused themselves from the vote [2] Group 2 - The Supervisory Board also approved the management measures for the 2025 Employee Stock Ownership Plan, emphasizing fairness and transparency, which will support the plan's implementation and the company's sustainable development [2] - The voting results for the management measures were the same as for the Employee Stock Ownership Plan, with 2 votes in favor and one supervisor recusing themselves [2] - Further details regarding both the Employee Stock Ownership Plan and its management measures will be disclosed on the Shanghai Stock Exchange website on July 5, 2025 [3]

Group 1 - The board of directors of Suzhou Ousheng Electric Co., Ltd. held its 18th meeting of the third board on May 27, 2025, with all 7 directors present, complying with relevant laws and regulations [1][2] - The board approved the proposal to adjust the purchase price for the 2025 employee stock ownership plan, allowing for changes in the repurchase price of shares [1][2]