Xinjiang H&K Investment Co., Ltd.
Announcement No.: 2026-013
Resolution Announcement of the Fifth Meeting of the Thirteenth Board of Directors
The Company and all members of its Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Convening of the Board Meeting
The Board of Directors of Xinjiang H&K Investment Co., Ltd. (hereinafter referred to as the "Company") issued a notice for the Fifth Meeting of the Thirteenth Board of Directors via email on June 29, 2026. The meeting was held on July 3, 2026, in the Company's meeting room through a combination of on-site and teleconference voting. The meeting was chaired by Chairman Chai Hongliang. A total of 6 directors were supposed to attend, and 6 directors actually attended. Director Yang Huaqiang participated via teleconference. Han Tiezhu, the Company's Secretary to the Board, and other senior management personnel attended the meeting. The notice, convening, holding, and number of attending directors for this meeting comply with the "Company Law of the People's Republic of China" and the "Articles of Association" and other relevant regulations. The resolutions made are legal and valid.
II. Deliberation of Board Meeting Matters
(I) Deliberation and Approval of the Proposal on the Company Meeting the Conditions for Issuing Shares to Specific Targets
In accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," and the "Administrative Measures for the Registration of Securities Issuances by Listed Companies," and other relevant laws, regulations, and normative documents, after the Board of Directors conducted a item-by-item review and verification of the Company's actual situation, it is determined that the Company meets all conditions stipulated in current laws, regulations, and normative documents for issuing A-shares to specific targets, and possesses the conditions for issuing A-shares to specific targets.
Voting Results: 4 votes in favor, 0 votes against, 0 abstentions, 2 recused votes.
This proposal has been reviewed and approved by the Company's Board Strategy Committee, Audit Committee, and Independent Directors' Special Committee, and is subject to approval by the Company's Shareholders' Meeting.
(II) Deliberation and Approval of the Proposal on the Company's 2026 Plan for Issuing Shares to Specific Targets
- Type and Par Value of Shares to be Issued
The type of shares to be issued to specific targets in this issuance is domestic listed ordinary RMB common shares (A-shares), with a par value of RMB 1.00 per share.
- Issuance Method and Time
This issuance will be conducted through the method of issuing shares to specific targets. The Company will select an appropriate time to issue shares to specific targets within the validity period of the registration document after the issuance is reviewed and approved by the Shenzhen Stock Exchange and the China Securities Regulatory Commission grants registration.
- Issuance Targets and Subscription Method
The target for this share issuance is Jiuzhou Hengchang Logistics Co., Ltd. (hereinafter referred to as "Jiuzhou Hengchang"), which is a specific target that meets the requirements of the China Securities Regulatory Commission. The issuance target will subscribe for the shares issued to specific targets in cash.