002028SZSE

Resolution Announcement of the 28th Meeting of the 8th Board of Directors

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This announcement details the resolutions passed at the 28th meeting of the 8th Board of Directors of Siyuan Electric Co., Ltd. The board unanimously approved the Q1 2026 quarterly report, confirming its accuracy and completeness. The meeting was held via written voting, with all 7 directors attending.

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Securities Code: 002028 Securities Abbreviation: Siyuan Electric Announcement Number: 2026-012

Siyuan Electric Co., Ltd. Announcement of Resolutions of the 28th Meeting of the 8th Board of Directors

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or significant omissions.

I. Convening of the Board Meeting

The notice for the 28th meeting of the 8th Board of Directors of Siyuan Electric Co., Ltd. (hereinafter referred to as the "Company") was delivered to all directors of the Company in person or by email on April 16, 2026. The meeting was held via written voting on April 23, 2026. The meeting was presided over by Chairman Dong Zengping. A total of 7 directors were eligible to attend, and 7 directors actually attended. The convening of this Board meeting complies with laws, regulations, and the Articles of Association.

II. Deliberation of the Board Meeting

  1. The "2026 First Quarterly Report" was reviewed and approved by 7 votes in favor, 0 votes against, and 0 abstentions. The attending directors believe that the Company's 2026 First Quarterly Report objectively reflects the Company's financial situation and operating results for the first quarter of 2026, and made the following confirmation: they guarantee that the information contained in the 2026 First Quarterly Report is free from any false records, misleading statements, or significant omissions, and they assume individual and joint liability for the truthfulness, accuracy, and completeness of its contents. The 2026 First Quarterly Report was reviewed and approved by the Board's Audit Committee and then submitted to the Board for deliberation. The "2026 First Quarterly Report" can be found in Announcement No. 2026-013 published in the "Securities Times" and on the information disclosure website designated by the China Securities Regulatory Commission.

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