Beijing Weitongli Electric Co., Ltd. (hereinafter referred to as "the Company") and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
I. Meeting Information
The 20th meeting of the first board of directors of Beijing Weitongli Electric Co., Ltd. was held on June 1, 2026, in a combined format of on-site and communication methods in the company meeting room. The meeting notice was sent out electronically on May 29, 2026. A total of 7 directors were supposed to attend, and all 7 directors were present, including Mr. Shi Hua, Ms. Guo Tehua, Mr. Niu Huayong, and Mr. Yang Weihua, who attended via communication. The meeting was convened and presided over by Chairman Mr. Huang Haoyun, and senior management attended the meeting. The convening, holding, and voting procedures of the meeting complied with the relevant provisions of the Company Law of the People's Republic of China and the Company's Articles of Association and Board Meeting Rules.
II. Meeting Resolutions
After discussion among the attending directors, the following resolutions were unanimously passed:
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Proposal on Providing Loans to Wholly-Owned Subsidiaries Using Raised Funds for Investment Projects
The company plans to provide loans to its wholly-owned subsidiaries Zhuzhou Weitongli, Wuxi Weitongli, and Wuxi New Energy, not exceeding RMB 780.8754 million, RMB 311.1059 million, and RMB 218.1762 million, respectively, for the implementation of investment projects. This loan matter is within the board's approval authority and does not require submission to the shareholders' meeting for approval.
Voting Results: 7 votes in favor, 0 votes against, 0 abstentions. The sponsor issued a non-objection verification opinion. For details, please refer to the announcement disclosed on the Giant Tide Information Network. -
Proposal on Changing Registered Capital, Company Type, Revising the Articles of Association, and Handling Business Registration Changes
The company agreed to change its registered capital from RMB 187 million to RMB 249.333334 million; to change the company type from "Limited Company (Non-listed, Natural Person Investment or Control)" to "Limited Company (Listed, Natural Person Investment or Control)," subject to the registration results from the market supervision administration; to revise the corresponding clauses of the Articles of Association; and to authorize the company's management department to handle the business registration changes.
Voting Results: 7 votes in favor, 0 votes against, 0 abstentions. This proposal needs to be submitted to the company's first extraordinary shareholders' meeting of 2026 for review. For details, please refer to the announcement disclosed on the Giant Tide Information Network. -
Proposal on Revising the Rules of Procedure for Shareholders' Meetings
Voting Results: 7 votes in favor, 0 votes against, 0 abstentions. This proposal needs to be submitted to the company's first extraordinary shareholders' meeting of 2026 for review. For details, please refer to the announcement disclosed on the Giant Tide Information Network.