Hello, ladies and gentlemen. The meeting is now called to order. I want to welcome all of you to the Annual General Meeting of Shareholders of Ambitions Enterprise Managment Co. L.L.C. I'm Zhengang Tang, CEO and Chairman of the Board of Directors of the company, and I will be presiding over this meeting. I would like to introduce the officers and directors of the company that are joining us today. Zhengang Tang, Jihong Chen, Li Zhang. Nai Tian Tang will serve as the Secretary of this meeting and as the Inspector of Elections. Our first order of business is to determine whether the shares represented at this meeting, either in person or by proxy, are sufficient to constitute a quorum. Our Inspector of Elections will confirm whether a quorum is present.
I now confirm that a quorum is present, and this meeting can therefore proceed.
The next order of business is to vote on the two proposals described in the proxy statement. One, the approval of the adoption of the Second Amended and Restated Memorandum and Articles of Association of the company. Two, the approval of the share consolidation. At this time, I request that our inspector of elections open the polls for voting on proposal number 1 and proposal number 2.
If we have received your proxy card, your shares will be voted in accordance with your instructions. If anyone attending this meeting would like to submit a proxy or revoke a previously submitted proxy and vote at this meeting, please do so by submitting your votes online. The polls on proposal number 1 and proposal number 2 are now open. I now declare the polls on proposal number 1 and proposal number 2 closed. The ballots have been counted, and proposal number 1 and proposal number 2 have been approved.
Thank you, Tang Nai Tian. Proposal number 1 and proposal number 2 have been approved. Thank you all for attending today's meeting. The meeting is now adjourned.
The meeting has now concluded. Thank you for joining, and have a pleasant day.