Stock Codes: 000017, 200017 Stock Abbreviations: Shenzhong Hua A, Shenzhong B Announcement No.: 2026-015 Shenzhen Zhonghua Bicycle (Group) Co., Ltd Announcement of the resolutions of the 26th (extraordinary) meeting of the 11th Board of Directors The company's and all board members' guarantee disclosures are truthful, accurate, and complete, with no false records. Misleading statements or major omissions. I. Situation of Board Meetings
The 11th Board of Directors of the Company sent a notice to all directors via email on June 1, 2026 Notice on convening the 26th (extraordinary) meeting. The meeting will be held on June 4, 2026, by correspondence vote and the ceremony was convened. The current board of directors currently has nine directors, and nine directors have actually participated in voting. The convening of this meeting is in accordance with the circumstances
Relevant laws, administrative regulations, departmental rules, normative documents, and the provisions of the Articles of Association. II. Board of Directors Meeting Deliberations
- "Proposal on Revising the > of the Remuneration Management System for < Directors and Senior Management" The meeting reviewed and approved the "Proposal on Revising the > of the Remuneration Management System for < Directors and Senior Management Personnel" with 9 votes in favor, 0 against, and 0 abstentions. The detailed content was published on the same day on Juchao Information Network (www.cninfo.com.cn) "Compensation Management System for Directors and Senior Executives."
This proposal has been pre-reviewed and approved by the company's Remuneration and Appraisal Committee.
This proposal still needs to be submitted to the shareholders' meeting for review. 2. "Proposal on the Company's 2026 Directors' Remuneration Plan" In accordance with the relevant provisions of the company's "Compensation Management System for Directors and Senior Management" and in conjunction with the company's business rules and based on actual regional and industry compensation levels, the company has formulated the 2026 annual director remuneration plan
Solution. This proposal involves directors' remuneration or allowances. Based on the principle of prudence, relevant directors will be involved during the review of related sub-proposals Recusal is required. This proposal has been reviewed and approved by the Company's Remuneration and Assessment Committee. Details are as follows: