Announcement on the Completion of the Board of Directors Election and Appointment of Senior Management and Related Personnel
The Company and the entire Board of Directors guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Hubei Nengte Technology Co., Ltd. (hereinafter referred to as the "Company") held its 2026 Second Extraordinary General Meeting on the afternoon of July 2, 2026. The meeting deliberated and approved the "Proposal on the Election of the Board of Directors and Nomination of Candidates for Non-Independent Directors of the Eighth Board of Directors" and the "Proposal on the Election of the Board of Directors and Nomination of Candidates for Independent Directors of the Eighth Board of Directors." The meeting elected the members of the Company's Eighth Board of Directors. On the same day, the Company held the First Meeting of the Eighth Board of Directors, which elected the Chairman of the Fourth Board of Directors, members of the specialized committees of the Board of Directors, and appointed the Company's senior management, head of internal audit, and securities affairs representative. The specific details are hereby announced as follows:
I. Composition of the Eighth Board of Directors
The Eighth Board of Directors is composed of nine directors, with the following members:
-
Non-Independent Directors (Six): Mr. Chen Liequan (Chairman), Mr. Zhang Dian, Mr. Zhang Guangzhong (Employee Representative Director), Ms. Jian Dan, Mr. Qin Jun, Ms. Zhang Jiaru.
-
Independent Directors (Three): Mr. Mei Ping, Mr. Xu Qianquan, Ms. Zha Yanyun.
The term of office for the directors of the Eighth Board of Directors shall commence from the date of approval by the 2026 Second Extraordinary General Meeting of Shareholders and shall last for three years. The number of directors on the Eighth Board of Directors who also serve as senior management personnel of the Company shall not exceed one-half of the total number of directors. The qualifications of the independent directors of the Eighth Board of Directors have been reviewed and approved by the Shenzhen Stock Exchange without objection. The number of independent directors shall not be less than one-third of the total number of board members. The number of independent directors serving as independent directors of domestic listed companies shall not exceed three, and there shall be no instances of serving as independent directors of the same company for more than six consecutive years, in compliance with relevant laws and regulations.
II. Composition of the Specialized Committees of the Eighth Board of Directors
The Eighth Board of Directors has established the Strategy Committee, Audit Committee, Nomination Committee, Remuneration and Appraisal Committee, and Budget Committee. The composition of each specialized committee is as follows:
| Specialized Committee | Members | Chairman |
|---|---|---|
| Strategy Committee | Chen Liequan, Zhang Dian, Zhang Guangzhong, Jian Dan, Mei Ping | Chen Liequan |
| Audit Committee | Zha Yanyun, Xu Qianquan, Chen Liequan | Zha Yanyun |
| Nomination Committee | Xu Qianquan, Mei Ping, Zhang Dian | Xu Qianquan |
| Remuneration and Appraisal Committee | Mei Ping, Zha Yanyun, Zhang Dian | Mei Ping |
| Budget Committee | Chen Liequan, Jian Dan, Qin Jun, Zha Yanyun, Xu Qianquan | Chen Liequan |