According to the SDIC Intelligence announcement, the company held a board meeting on July 9, 2026 to consider and pass a bill extending the validity period of board authorization for the absorption and merger of wholly-owned subsidiaries and capital reduction and withdrawal of participating companies. Meiya Tianxin, a wholly-owned subsidiary, merged Meiya Rongan. Due to real estate transfer policy restrictions, the original license could not be completed before the expiration date; the participating company Xiamen City Brain withdrew because the partner's internal approval cycle exceeded expectations, and the transaction could not be completed before the expiration date. This authorization is valid for 12 months from the date of review and approval by the board of directors. It will not change the company's business strategy and will support the development of the core business after the matter is implemented.

According to the SDIC Intelligence announcement, the company held a board meeting on July 9, 2026 to consider and pass a bill extending the validity period of board authorization for the absorption and merger of wholly-owned subsidiaries and capital reduction and withdrawal of participating companies. Meiya Tianxin, a wholly-owned subsidiary, merged Meiya Rongan. Due to real estate transfer policy restrictions, the original license could not be completed before the expiration date; the participating company Xiamen City Brain withdrew because the partner's internal approval cycle exceeded expectations, and the transaction could not be completed before the expiration date. This authorization is valid for 12 months from the date of review and approval by the board of directors. It will not change the company's business strategy and will support the development of the core business after the matter is implemented.