Core Viewpoint - The company has approved a change in the implementation subject of a fundraising project and will provide loans to its subsidiary for project execution [1][2]. Group 1 - The sixth supervisory board meeting was held on June 9, 2025, with all three supervisors present, confirming compliance with relevant laws and company regulations [1]. - The company decided to change the implementation subject of the "UDC Shanghai Project (Phase I)" from itself to its subsidiary, Shanghai Hailan Cloud Data Technology Co., Ltd [1]. - The supervisory board believes that the decision-making process for the change is reasonable and aligns with the company's development strategy and legal regulations, benefiting the company and all shareholders [2]. Group 2 - The board's voting results showed unanimous support for the decision, with 3 votes in favor and no opposition or abstentions [2].