Core Points - Shanghai Cambridge Technology Co., Ltd. is holding its first extraordinary general meeting of shareholders in 2025 to discuss significant governance changes, including a reduction in registered capital and the cancellation of the supervisory board [1][4][5]. Group 1: Capital Reduction - The company plans to reduce its registered capital by 22,000 yuan due to the repurchase and cancellation of 22,000 shares from nine individuals who no longer meet the conditions of the restricted stock incentive plan [4][5]. - After the capital reduction, the registered capital will change from 268,041,841 yuan to 268,019,841 yuan [4][5]. Group 2: Cancellation of Supervisory Board - The supervisory board will be abolished, with its responsibilities transferred to the audit committee of the board of directors, which will oversee financial supervision and compliance [5][7]. - The audit committee will consist of three directors, with a majority being independent directors, responsible for reviewing financial information and supervising internal controls [5][7]. Group 3: Amendments to Articles of Association - The amendments to the Articles of Association will reflect the new registered capital and the removal of references to the supervisory board, clarifying the audit committee's responsibilities [5][7]. - The threshold for shareholders to propose temporary motions will be reduced from 3% to 1% of shares held [7]. Group 4: Meeting Procedures - The extraordinary general meeting will include three main proposals for voting, and the voting will be conducted by a designated lawyer and representatives [2][6]. - Shareholders will have the right to speak and ask questions, with a limit on the number of speakers and the duration of their speeches [2][6].