Shenzhen Textile (Group) Co., Ltd. (hereinafter referred to as "the Company") guarantees that the information disclosed is true, accurate, and complete, without any false records, misleading statements, or significant omissions. The term of the eighth board of directors of the Company has expired. In accordance with the relevant provisions of the "Company Law of the People's Republic of China," "Measures for the Administration of Independent Directors of Listed Companies," "Shenzhen Stock Exchange Listing Rules," "Self-Regulatory Guidelines No. 1 for Main Board Listed Companies," and the "Articles of Association," the Company will conduct the election of the board of directors according to the relevant legal procedures.
On April 28, 2026, the Company held the 51st meeting of the eighth board of directors, which approved the proposals for the election of non-independent directors and independent directors. The specific content is announced as follows: According to the provisions of the "Articles of Association," the ninth board of directors will consist of 9 directors, including 6 non-independent directors and 3 independent directors.
The board of directors has agreed to nominate Mr. Li Gang, Mr. Ma Jie, Mr. Wei Junfeng, Mr. Gong Daihui, Ms. Liu Yu, and Mr. Guo Jinjie as candidates for non-independent directors of the ninth board of directors. It has also agreed to nominate Mr. Wang Liming, Mr. Yang Gaoyu, and Mr. Sun Xiaowei as candidates for independent directors of the ninth board of directors (the resumes of the director candidates are attached). The three independent director candidates have obtained the relevant training certificates for independent directors recognized by the stock exchange, and Mr. Yang Gaoyu is a professional accountant.
According to the relevant provisions of the "Shenzhen Stock Exchange Listing Rules," the qualifications and independence of the independent director candidates must be reviewed and approved by the Shenzhen Stock Exchange before being submitted to the shareholders' meeting for deliberation. The above director candidates still need to be submitted to the shareholders' meeting for election, and a cumulative voting system will be used for voting, with separate elections for non-independent and independent directors. Their term will be the same as that of the ninth board of directors, calculated from the date of approval by the shareholders' meeting. The number of directors who concurrently serve as senior management personnel and those who are employee representatives shall not exceed half of the total number of directors, and the number of independent directors shall not be less than one-third of the total number of board members, in compliance with relevant regulations.
To ensure the normal operation of the Company, all members of the eighth board of directors will continue to perform their duties and responsibilities diligently in accordance with laws, regulations, and the "Articles of Association" until the new board is appointed. The Company expresses its gratitude to the members of the eighth board of directors for their contributions to the Company's operational development during their term!
This announcement is made by the Board of Directors of Shenzhen Textile (Group) Co., Ltd. on April 30, 2026.
Attachment: Resumes of Director Candidates