I. Meeting Information
The 24th meeting of the 9th Board of Directors of Hengdian Group Dongci Co., Ltd. (hereinafter referred to as "the Company") was convened on September 10, 2025, following written or email notifications to all directors on September 5, 2025. The meeting was held in the conference room of Dongci Building in a hybrid format (in-person and teleconference). A total of 9 directors (including independent directors) were supposed to attend, and all 9 directors were present, along with senior management personnel. The attendance, procedures, and discussions of the meeting complied with the provisions of the Company Law of the People's Republic of China, the Articles of Association, and the Rules of Procedure for Board Meetings.
II. Meeting Resolutions
The meeting was chaired by the Company’s Chairman, Ren Hailiang. After thorough discussions, the following resolutions were passed:
(1) Election of the Representative Director
The meeting approved the proposal regarding the election of a director to represent the Company in executing its affairs with a unanimous vote of 9 in favor, 0 against, and 0 abstentions. Mr. Ren Hailiang was elected as the representative director and legal representative of the Company, with a term starting from the date of this board resolution until the end of the 9th Board of Directors. There was no change in the legal representative of the Company following this election.
(2) Adjustment of Specialized Committee Members
The meeting approved the proposal to adjust the members and conveners of the four specialized committees of the 9th Board of Directors with a unanimous vote of 9 in favor, 0 against, and 0 abstentions. Due to changes in the number of members of the 9th Board of Directors and the powers of the Audit Committee, the board agreed to adjust the members of the Strategy and ESG Committee, Audit Committee, Nomination Committee, and Compensation and Assessment Committee. The specific details are as follows: