On June 2, 2023, Dalton Investments announced proposals according to circumstances: (i) in order to avoid potential conflicts of interest, change the composition of officers, such as seeking a more transparent management system and the appointment of independent directors who respect the opinions of general minority shareholders, (ii) make important proposals regarding changes in dividend policy, such as dividend increases to improve value, changes to capital policies such as share buybacks, and (iii) any other reasonable measures that other submitters believe will lead to an increase in shareholder value of Hogy Medical etc.