Stock Code: 000688
Stock Abbreviation: Guocheng Mining
Announcement No.: 2026-079
Guocheng Mining Co., Ltd.
Announcement on the Election of the Board of Directors
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false representations, misleading statements, or material omissions.
Guocheng Mining Co., Ltd. (hereinafter referred to as the "Company")'s twelfth Board of Directors has completed its term. In accordance with the "Company Law of the People's Republic of China," the "Stock Listing Rules of the Shenzhen Stock Exchange," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 1 - Normative Operation of Main Board Listed Companies," and other relevant laws, regulations, normative documents, and the "Articles of Association," the Company is holding an election for its Board of Directors. On August 7, 2026, the Company held the 59th meeting of the twelfth Board of Directors, which deliberated and approved the "Proposal on the Election of Candidates for Non-Independent Directors of the Board" and the "Proposal on the Election of Candidates for Independent Directors of the Board." These proposals will be submitted to the Company's general meeting of shareholders for deliberation and voting by cumulative voting. The specific situation is as follows:
According to the "Articles of Association," the Company's thirteenth Board of Directors will consist of 9 directors, including 6 non-independent directors and 3 independent directors. The Company's Board of Directors nominates Mr. Wu Cheng, Mr. Wu Biao, Mr. Ma Chenshan, Mr. Xu Zhihao, Mr. Xiong Weimin, and Mr. Deng Zhiping as candidates for non-independent directors of the thirteenth Board of Directors. The Company's Board of Directors nominates Mr. Zhou Chengxiong, Mr. Liu Zhonghai, and Mr. Zhou Hongliang as candidates for independent directors of the thirteenth Board of Directors. The resumes of the above candidates are detailed in the appendix. The term of office for the directors of the thirteenth Board of Directors is three years, commencing from the date of approval at the Company's fourth extraordinary general meeting of shareholders in 2026.
The Company's Nomination Committee has reviewed the qualifications of the above director candidates and believes that they meet the eligibility requirements stipulated by relevant laws and regulations, and approves these nominations. The number of director candidates for the thirteenth Board of Directors complies with the provisions of the "Company Law of the People's Republic of China" and other laws and regulations and the "Articles of Association." The number of directors concurrently serving as senior management personnel of the Company does not exceed one-half of the total number of directors. The proportion of independent director candidates is not less than one-third of the total number of directors. The number of independent directorships held by independent director candidates in domestic listed companies does not exceed three, and there are no instances of serving as an independent director for more than six consecutive years. Among the independent director candidates, Mr. Zhou Chengxiong is a candidate for an independent director with an accounting background. Mr. Zhou Chengxiong and Mr. Liu Zhonghai have obtained training certificates for independent directors recognized by the Shenzhen Stock Exchange.
Mr. Zhou Hongliang has not yet obtained a training certificate for independent directors recognized by the Shenzhen Stock Exchange. Mr. Zhou Hongliang has pledged to attend the next independent director training session and obtain a recognized training certificate. In accordance with relevant regulations, the eligibility and independence of independent director candidates require review and approval by the Shenzhen Stock Exchange. If no objections are raised, they will be submitted to the Company's fourth extraordinary general meeting of shareholders in 2026 for deliberation.