001225SZSE

Announcement of Resolutions from the 14th Meeting of the Second Board of Directors

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The 14th Meeting of the 2nd Board of Directors of Hangzhou Hetai Electromechanical Co., Ltd. approved several key proposals, including the 2025 Annual General Manager's Work Report and the 2025 Annual Financial Settlement Report, which showed a decrease in operating income to 238.842 million yuan and a net profit of 34.1018 million yuan. The board also approved a 5,645,072.02 yuan asset impairment provision and reappointed Tianjian Certified Public Accountants for 2026. All proposals will be submitted to the 2025 Annual General Meeting of Shareholders for deliberation.

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Securities Code: 001225 Securities Abbreviation: Hetai Electromechanical Announcement No.: 2026-011
Hangzhou Hetai Electromechanical Co., Ltd.
Resolution Announcement of the 14th Meeting of the 2nd Board of Directors
The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

I. Meeting Information

  1. The notice of the 14th meeting of the 2nd Board of Directors of Hangzhou Hetai Electromechanical Co., Ltd. (hereinafter referred to as "the Company") was delivered to all directors via email, WeChat, and other means on March 16, 2026.
  2. The meeting was held on March 26, 2026, in the company’s conference room, combining on-site and remote voting methods.
  3. A total of 7 directors were supposed to attend the meeting, and all 7 directors were present. Among them, Mr. Xu Qing, Ms. Han Lingli, Mr. Yao Minglong, and Mr. Fu Jianzhong attended the meeting via remote voting.
  4. The meeting was convened and presided over by Chairman Mr. Tong Jianen, and all senior management personnel of the company attended the meeting.
  5. The convening, holding, and voting procedures of this meeting comply with the relevant provisions of the Company Law of the People's Republic of China and other laws, regulations, normative documents, and the Company’s Articles of Association, making the meeting legal and effective.

II. Review of the Board Meeting
The meeting reviewed and approved the following proposals:

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