Guangzhou Guanghe Technology Co., Ltd. (hereinafter referred to as "the Company") guarantees that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions. The second board of directors of the Company will complete its term on June 20, 2026. According to the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, the Shenzhen Stock Exchange Listing Rules, and the relevant provisions of the Company's Articles of Association, the Company plans to conduct an election for the new board of directors.
On May 27, 2026, the Company held the 25th meeting of the second board of directors, where it reviewed and approved the proposals for the election of the non-independent directors and independent directors of the third board of directors. The board agreed to nominate Mr. Xiao Hongxing, Ms. Liu Jinchang, and Ms. Zeng Hong as candidates for non-independent directors of the third board. It also agreed to nominate Ms. Chen Limei, Mr. Shi Ling, and Ms. Zhang Jin as candidates for independent directors of the third board, with Ms. Zhang Jin being jointly nominated by shareholders holding more than 1% of the shares, namely the China Securities Investor Services Center Co., Ltd. and Guangdong Yueke Zhenyue No. 1 Equity Investment Partnership (Limited Partnership).
The nomination committee of the board has reviewed the above candidates, confirming that they meet the qualifications for directors as stipulated in the Company Law and the Articles of Association, and the nominations have received the candidates' consent. Detailed resumes of the candidates are attached.
According to the Company Law and the Articles of Association, the above proposals will be submitted to the shareholders' meeting for deliberation, and a cumulative voting system will be used to elect three non-independent directors and three independent directors. Together with one employee representative director elected by the employee representative assembly, they will form the third board of directors, serving a term of three years starting from the date of approval at the 2025 annual shareholders' meeting. The number of independent director candidates will not be less than one-third of the total number of directors, and the total number of directors who are also senior management or employee representatives will not exceed half of the total number of directors.
The independent director candidates, Ms. Chen Limei, Mr. Shi Ling, and Ms. Zhang Jin, have obtained independent director qualification certificates. The qualifications of the independent director candidates must be approved by the Shenzhen Stock Exchange before they can be submitted to the shareholders' meeting along with the other non-independent director candidates.