On November 6, 2023, Suqian Chulian Technology, a shareholder in the Company Guangdong Zhengye, submitted a letter to the Company's board regarding the proposal to add temporary resolutions to the 2023 third extraordinary general meeting of shareholders of Guangdong Zhengye. The proposal suggests that the "Resolution on Canceling the Company's Repurchased Special Securities Account Stock" and the "Resolution on Reducing the Company's Registered Capital and Amending the
Furthermore, according to the Shenzhen Stock Exchange's "Self-Regulation Guidance No. 9 - Repurchasing Shares" and the Company's share repurchase plan, any shares repurchased for employee shareholding plans or equity incentives and left unused for 36 months after repurchase will be canceled.