I. Meeting Information
The notice for the seventh meeting of the third board of directors of Hubei Ping An Electric Technology Co., Ltd. (hereinafter referred to as "the Company") was delivered to all directors via written and electronic communication on July 17, 2025. The meeting was held on July 23, 2025 (Wednesday) in the company’s conference room, combining in-person and communication methods. A total of 9 directors were required to attend, and all 9 directors were present. The meeting was chaired by Mr. Pan Xiebao, the chairman of the board, with company supervisors and senior management in attendance. The convening and voting procedures of the meeting complied with the provisions of the Company Law of the People's Republic of China (hereinafter referred to as "the Company Law"), the Articles of Association, and other relevant laws, regulations, and normative documents, making the meeting legal and effective.
II. Review of Meeting Resolutions
(1) Proposal to Revise the Articles of Association and Handle Business Registration Changes
In accordance with the relevant provisions of the China Securities Regulatory Commission regarding transitional arrangements for the implementation of the new Company Law, the Guidelines for Articles of Association of Listed Companies, and the Shenzhen Stock Exchange Listing Rules, combined with the actual situation and development needs of the company, the company will abolish the supervisory board and the position of supervisors. The Audit Committee of the board will exercise the powers of the supervisory board as stipulated by the Company Law, and the Articles of Association will be revised accordingly. To improve work efficiency, the board proposes that the shareholders' meeting authorize the board and authorized personnel to handle the business registration changes and filing matters related to the above, with the authorization valid from the date of approval by the shareholders' meeting until the completion of the business change and filing procedures. The board unanimously agreed to this proposal. The company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.