China Southern Glass Group Co., Ltd 2025 Board of Directors Work Report In 2025, China Southern Glass Group Co., Ltd. (hereinafter referred to as the "Company" or "CSG Group") The board of directors strictly follows the Company Law, Securities Law, Shenzhen Stock Exchange Stock Listing Rules, and the Shenzhen Stock Exchange Listing Rules Zhenzhou Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 1—Standardized Operation of Main Board Listed Companies" and other laws Laws, regulations, the Articles of Association, and the Rules of Procedure for Board Meetings, and conscientiously fulfill the shareholders' meeting duties Responsibilities provided, standardized operations, scientific decision-making, diligent fulfillment of responsibilities, and effective safeguarding the company's and all shareholders' unity Legal rights and interests have been ensured, ensuring the company's healthy and sustainable development. Here is the report on the company's Board of Directors' work for 2025 As shown below: I. The work of the company's board of directors in 2025 (1) Board of Directors convening details During the reporting period, the company's board of directors strictly complied with the Company Law, Securities Law, and the Shenzhen Stock Exchange The Stock Listing Rules, the Articles of Association, the Rules of Procedure for Board Meetings, and other laws and regulations shall exercise their powers in accordance with the law Operating in compliance while strictly following the provisions of the Shenzhen Stock Exchange Listing Rules Disclosure obligations. In 2025, a total of 9 board meetings were held, including 2 meetings conducted on-site and via communication, There were 7 meetings on communication methods, reviewing 31 proposals, of which 31 were approved. The company's directors shall act according to Relevant regulations diligently fulfill responsibilities, making significant contributions to the company's standardized operations and correct decision-making. All directors There have been no consecutive instances of missing board meetings in person twice, and no violations related to directors' attendance have occurred Specified circumstances. (2) Key annual tasks of the Board of Directors
- Implement share repurchase matters After the ninth extraordinary meeting of the Board of Directors held on February 13, 2025, and March 4, 2025, The company will use its own and self-raised funds
(Including commercial bank repurchase special loans, etc.) Centralized bidding transactions are conducted through the Shenzhen Stock Exchange trading system
repurchase certain RMB ordinary shares (A shares) and domestic listed foreign shares (B shares). As of March 4, 2026, the implementation period for this share repurchase has expired, and the repurchase plan has been implemented The offering was finished. The company has cumulatively repurchased its A-shares through a dedicated securities repurchase account and centralized bidding transactions
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52,838,338 shares, and repurchased 28,223,296 B shares, accounting for a total proportion of the company's total share capital 2.6398%. The stock repurchase process complies with relevant laws, regulations, and the company's established repurchase plan. 2. Implement profit distribution for 2024 According to the 15th meeting of the ninth Board of Directors held by the company on April 24, 2025, and in June 2025, The 2024 Annual General Meeting of Shareholders was held on the 24th, and the company approved the total share capital of 3,070,692,107 shares Based on the base, a cash payment of RMB 0.7 (tax included) will be distributed to all shareholders for every 10 shares. This profit distribution scheme Implementation was completed in July 2025. 3. Renew the audit firm for 2025 According to the company's 16th meeting of the 9th Board of Directors held on August 17, 2025, and in September 2025, The second extraordinary general meeting of shareholders in 2025 was held on September 9, and the company approved the renewal of Grant Thornton Certified Public Accountants The firm (Special General Partnership) is the company's external audit institution for 2025, responsible for reviewing the company's annual financial report