001289SZSE

Announcement of Resolutions from the 1st Meeting of the 6th Board of Directors of Longyuan Power in 2026

China Longyuan Power Group Corporation Limited·

✨ AI Summary

The Longyuan Power Group's Board of Directors convened its first meeting of 2026 on March 31, 2026, approving several key reports and proposals. Notably, the board approved the 2025 annual report, a profit distribution plan amounting to approximately RMB 1.36 billion, and a budget arrangement for 2026. The meeting also authorized the management to handle various financial and operational matters, including a significant acquisition and risk assessment report.

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Full Translation

AI Translation· azure_openai

I. Board Meeting Overview

The first meeting of the 6th Board of Directors of Longyuan Power Group Co., Ltd. (hereinafter referred to as "the Company") for 2026 (hereinafter referred to as "this meeting") was notified to all directors via email and other means on March 13, 2026. The meeting was held in person in Beijing on March 31, 2026, with 9 directors present, all of whom attended. The meeting was chaired by Mr. Gong Yufei, the Chairman of the Company, with senior management in attendance. The convening of this meeting complies with the provisions of the Company Law of the People's Republic of China, the Articles of Association of Longyuan Power Group Co., Ltd. (hereinafter referred to as "the Articles of Association"), and the Rules of Procedure for Board Meetings of Longyuan Power Group Co., Ltd.

II. Review of Meeting Resolutions

After deliberation, the following resolutions were made:

  1. Approval of the 2025 Annual Report and Summary
    The Board approved the Company's 2025 A-share report, A-share report summary, and H-share report.
    Voting results: 9 votes in favor, 0 votes against, 0 abstentions.
    Specific report details can be found in the Company's announcement on the same day on the Giant Tide Information Network (www.cninfo.com.cn) under the announcement numbers: 2026-011.

  2. Approval of the 2025 Annual Board Work Report
    The Board approved the preparation of the 2025 Annual Board Work Report for submission to the shareholders' meeting.
    Voting results: 9 votes in favor, 0 votes against, 0 abstentions.

  3. Approval of the 2025 Annual General Manager Work Report
    The Board approved the preparation of the 2025 Annual General Manager Work Report.
    Voting results: 9 votes in favor, 0 votes against, 0 abstentions.

  4. Approval of the 2025 Annual Sustainability Report
    The Board approved the preparation of the 2025 Annual Sustainability Report.
    Voting results: 9 votes in favor, 0 votes against, 0 abstentions.
    Specific content can be found in the Company's announcement on the same day on the Giant Tide Information Network.

  5. Approval of the 2025 Annual Independent Directors' Work Reports
    The Board listened to the work reports of the three independent directors and agreed to present them at the Company's 2025 annual shareholders' meeting.
    Voting results: 9 votes in favor, 0 votes against, 0 abstentions.
    Specific content can be found in the Company's announcement on the same day.

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