The meeting of the Compensation and Assessment Committee on December 30, 2025, approved the repurchase and cancellation of certain restricted stocks due to changes in the eligibility of eight incentive targets. The decision aligns with relevant regulations and will not materially affect the company's financial status or shareholder interests. The voting result was unanimous approval with no objections or abstentions.
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The 7th meeting of the Compensation and Assessment Committee of the 8th Board of Directors of China National Machinery Industry Corporation was held on December 30, 2025, via communication. There were 4 committee members eligible to vote, and all 4 participated in the voting. The meeting reviewed and approved the following resolutions:
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