001331SZSE
🚨 Material Event

Announcement of Resolutions of the 13th Meeting of the Third Board of Directors

Shengtong Energy Co., Ltd.··4 pages

✨ AI Summary

The company's board of directors approved amendments to the Articles of Association and Board Meeting Rules, and proposed early board elections due to a change in controlling shareholder. The board also approved the temporary use of idle raised funds to supplement working capital.

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Full Translation

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Securities Code: 001331 Securities Abbreviation: Shengtong Energy Announcement No.: 2026-053

Shengtong Energy Co., Ltd.

Announcement of Resolutions of the 13th Meeting of the Third Board of Directors

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.

I. Convening of the Board Meeting

The 13th Meeting of the Third Board of Directors of Shengtong Energy Co., Ltd. (hereinafter referred to as the "Company") was convened on July 10, 2026, at the Company's meeting room, through on-site and teleconference methods (independent directors Yan Jiantao and Yang Bing attended and voted via teleconference). A total of 7 directors were eligible to attend, and 7 directors actually attended. The meeting was convened and presided over by Chairman Mr. Zhang Wei. Senior management personnel of the Company attended the meeting. The convening and holding of this board meeting comply with the provisions of the "Company Law of the People's Republic of China" and the "Articles of Association" of the Company.

II. Deliberation of Board Meeting Matters

After careful deliberation by the attending directors, the following resolutions were made:

(I) Resolution on the Proposal to Amend the Articles of Association and the Board Meeting Rules and Handle Related Industrial and Commercial Change Registration

To further optimize the Company's corporate governance structure, enhance the scientific and effective decision-making of the Company's board of directors, and adapt to the Company's business development needs, taking into account the Company's actual situation, it is agreed to change the number of board seats from 7 to 5, the number of non-independent directors from 4 to 3, and the number of independent directors from 3 to 2. The legal representative will be the Chairman or the General Manager. In accordance with the "Company Law of the People's Republic of China," the "Guiding Opinions on the Articles of Association of Listed Companies," the "Stock Listing Rules of the Shenzhen Stock Exchange," and the "Guiding Opinions on Self-Regulation of Listed Companies on the Shenzhen Stock Exchange No. 1 - Standardized Operation of Main Board Listed Companies," and other relevant laws and regulations, and the current "Articles of Association," the "Articles of Association" and the "Board Meeting Rules" will be amended. At the same time, it is proposed to authorize the senior management and their authorized personnel to handle the industrial and commercial change registration procedures.

Votes: 7 in favor; 0 against; 0 abstentions. The resolution was passed.

This proposal needs to be submitted to the Company's 2026 Third Extraordinary General Meeting for consideration. For details, please refer to the "Announcement on Amending the Articles of Association and the Board Meeting Rules and Handling Related Industrial and Commercial Change Registration" (Announcement No.: 2026-054) and the "Articles of Association" and "Board Meeting Rules" disclosed on the same day on the China Securities Journal, Shanghai Securities News, Securities Times, Securities Daily, and CNINFO.COM.CN.

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