000988SZSE

Announcement of Resolutions from the 20th Meeting of the 9th Board of Directors

Huagong Tech Company Limited·

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Huagong Technology Industry Co., Ltd. announced the resolutions from the 20th meeting of its 9th Board of Directors held on December 29, 2025. The board approved an adjustment to the estimated amount of daily related party transactions for 2025, increasing it from 135.96 million yuan to 177.87 million yuan, with 4 votes in favor and 5 abstentions. The proposal was previously reviewed by the company's independent directors.

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Securities Code: 000988 Securities Abbreviation: Huagong Technology Announcement No.: 2025-72
Huagong Technology Industry Co., Ltd.
Resolution Announcement of the 20th Meeting of the 9th Board of Directors
The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

I. Meeting Information of the Board of Directors
Huagong Technology Industry Co., Ltd. (hereinafter referred to as "Huagong Technology" or "the Company") sent a notice regarding the convening of the 20th meeting of the 9th Board of Directors to all directors via telephone and email on December 23, 2025. This meeting was held in a communication format on December 29, 2025. A total of 9 directors were supposed to attend, and 9 votes were actually received. The meeting was chaired by Mr. Ma Xinqiang, the chairman. The convening of the meeting complies with the provisions of the Company Law and the Articles of Association.

II. Review of the Board of Directors Meeting

  1. Approved the Proposal on Adjusting the Estimated Amount of Daily Related Party Transactions for 2025
    Voting Results: 4 votes in favor, 0 votes against, 0 abstentions, 5 votes abstained.
    Due to the business activities between the company and related parties, the board agreed to further adjust the estimated amount of daily related party transactions for the company in 2025, increasing it from the previously estimated 135.96 million yuan by 41.91 million yuan, adjusting it to 177.87 million yuan.
    Related directors Mr. Ma Xinqiang, Ms. Ai Jiao, Mr. Liu Hanshu, Mr. Xiong Wen, and Ms. Huang Xinhua abstained from voting on this proposal.

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