Announcement of Resolutions from the 14th Extraordinary Meeting of the 13th Board of Directors
The company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.
I. Convening of the Board Meeting
The 14th extraordinary meeting of the 13th Board of Directors of Maoming Petrochemical Shihua Co., Ltd. (hereinafter referred to as the "Company") was held on June 17, 2026, through on-site and written voting. The meeting was notified to all directors and senior management via email on June 14, 2026. The Company's Board of Directors has 9 directors, with 9 directors attending the meeting. Among them, independent directors Mr. Liang Yu, Mr. Tan Liangwei, and Mr. Zhang Baomin participated via communication. Some senior management personnel of the Company attended the meeting. The meeting was convened and presided over by Mr. Wang Zhihua, Chairman of the Board. The notification, convening, and attendance of directors for this meeting comply with relevant laws, administrative regulations, departmental rules, normative documents, business rules of the Shenzhen Stock Exchange, and the Articles of Association.
II. Deliberation of Board Meeting Proposals
The following proposals were deliberated and approved at this meeting:
(I) Proposal on Adjusting the Issuance Price and Issuance Quantity of Shares for Private Placement
To better protect the interests of small and medium investors, in accordance with the "Administrative Measures for the Registration of Issuance of Securities by Listed Companies," "Opinions on the Application of Securities and Futures Laws and Regulations No. 18," and "Regulatory Rules Application Guidelines — Issuance Category No. 7," the Company has made corresponding adjustments to the issuance price and issuance quantity of A shares to specific objects in 2025 (hereinafter referred to as the "Current Issuance"). The details are as follows:
1. Adjustment of Issuance Price
The pricing benchmark date for the current issuance has been adjusted from "the announcement date of the resolution of the 10th extraordinary meeting of the 13th Board of Directors" to "the first day of the issuance period."