Announcement of Resolutions of the 15th Meeting of the 8th 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 major omissions.
I. Convening of the Board Meeting
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Time and Method of Meeting Notification Chengzhi Co., Ltd. (hereinafter referred to as the "Company") notified all directors of the 8th Board of Directors' 15th meeting in writing on December 2, 2025.
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Time, Place, and Method of Meeting (1) Meeting Time: 10:00 AM on December 12, 2025 (2) Meeting Location: Conference Room of Chengzhi Co., Ltd. Beijing Management Headquarters, Innovation Building B, Tsinghua Science Park, Haidian District, Beijing (3) Meeting Method: Held in person (4) Directors Attending: 7 directors were eligible to attend, and 7 directors attended. (5) Presided by: Chairman Mr. Long Dawei (6) Attendees: Supervisors and some senior management personnel
This meeting complied with the provisions of the "Company Law" and the "Articles of Association," and the resolutions made were legal and valid.
II. Deliberation of the Board Meeting
- Approval of the Proposal on Revising the "Articles of Association" and Related Systems In accordance with the "Company Law of the People's Republic of China" effective from July 1, 2024, the "Arrangements for the Transition Period for the Implementation of Supporting Rules and Regulations for the New Company Law" issued by the China Securities Regulatory Commission, the "Guidelines for Listed Company Articles of Association," and other relevant laws and regulations, as well as the Company's governance structure characteristics and actual operational needs, it is agreed that the Company will revise and improve certain clauses of the current "Articles of Association of Chengzhi Co., Ltd." (hereinafter referred to as the "Articles of Association") and 4 related systems. It is agreed to abolish the Supervisory Board, and the duties of the Supervisory Board will be exercised by the Audit Committee. The incumbent supervisors will be relieved of their positions from the date the shareholders' meeting approves the abolition of the Supervisory Board and the revision of the "Articles of Association."