000017SZSE

Resolution Announcement of the 23rd Extraordinary Session of the 11th Board of Directors

Shenzhen China A Co., Ltd.··2p

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The 23rd Extraordinary Session of the 11th Board of Directors of Shenzhen Zhonghua Bicycle (Group) Co., Ltd. was convened on April 14, 2026. The board unanimously approved the "Futures and Derivatives Trading Management System" and the "Company's Engagement in Precious Metal Commodity Futures and Derivatives Hedging Business." Additionally, a feasibility report for this hedging business and an agreement with Zhou Liufu for patent licensing fee recovery were also approved. All proposals passed with 9 votes in favor.

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Securities Code: 000017, 200017 Securities Abbreviation: Shenzhen Zhonghua A, Shenzhen Zhonghua B Announcement No.: 2026-002 Shenzhen Zhonghua Bicycle (Group) Co., Ltd. Resolution Announcement of the 23rd Extraordinary Session of the 11th Board of Directors The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the announcement, without false records, misleading statements, or major omissions.

I. Convening of the Board Meeting

The 11th Board of Directors of the Company issued a notice to all directors via email on April 11, 2026, to convene the 23rd extraordinary session. The meeting was held on April 14, 2026, through written voting. There are nine incumbent directors on this Board, and nine directors actually participated in the voting. The convening of this meeting complies with relevant laws, administrative regulations, departmental rules, normative documents, and the Articles of Association of the Company.

II. Deliberation of the Board Meeting

  1. Proposal on the Formulation of the "Futures and Derivatives Trading Management System" The proposal on the formulation of the "Futures and Derivatives Trading Management System" was deliberated and approved with 9 votes in favor, 0 votes against, and 0 abstentions. For details, please refer to the "Futures and Derivatives Trading Management System" published on the same day on the Juchao Information Network (www.cninfo.com.cn). This proposal has been deliberated and approved by the second meeting of the Company's Board of Directors' Audit Committee in 2026.

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