Announcement on the Election of the Board of Directors
Anhui Anada Titanium Industry Co., Ltd. (Stock Code: 002136, Stock Abbreviation: Anada) announces that the seventh board of directors is about to complete its term. In accordance with the Company Law of the People's Republic of China, the Shenzhen Stock Exchange Listing Rules, and other relevant laws and regulations, as well as the Articles of Association, the company is proceeding with the election of the board of directors to ensure normal operations. The relevant information is hereby announced as follows:
1. Board of Directors Election Situation
On February 12, 2026, the company held the 25th meeting of the seventh board of directors, which reviewed and approved the proposals for the election of the non-independent directors and independent directors of the eighth board of directors. According to the Articles of Association, the eighth board of directors will consist of six directors, including three non-independent directors, two independent directors, and one employee representative director (the employee representative director is elected by the employee representative assembly and does not require submission to the shareholders' meeting for review). The board agreed to nominate Mr. Chen Yifeng, Mr. Li Chongjun, and Mr. Li Xiaoqiang as candidates for non-independent directors of the eighth board; and agreed to nominate Mr. He Wenlong and Mr. Qiang Changwen as candidates for independent directors of the eighth board (detailed resumes are attached).
2. Review of Director Candidates' Qualifications
The nomination committee of the board has reviewed the qualifications of the above non-independent director candidates and believes they meet the qualifications stipulated in the Company Law and the Articles of Association. The qualifications and independence of the independent director candidates must be reviewed and approved by the Shenzhen Stock Exchange before they can be submitted to the shareholders' meeting for voting alongside the other non-independent director candidates, using a cumulative voting system for separate voting on non-independent and independent director candidates. The company and all members of the board guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
After approval by the shareholders' meeting, the above director candidates will form the eighth board of directors together with one employee representative director elected by the employee representative assembly. Their term will commence from the date of approval at the first extraordinary shareholders' meeting of 2026 until the end of the term of the eighth board of directors. Among the candidates for the eighth board of directors, the number of directors who are also senior management personnel and the number of directors held by employee representatives do not exceed half of the total number of directors. The proportion of independent director candidates is not less than one-third of the total number of director candidates, and there are no circumstances where independent directors have served for more than six years or hold positions as independent directors in more than three domestic listed companies, in compliance with relevant laws and regulations.
3. Other Explanations
To ensure the normal operation of the board of directors, the members of the seventh board will continue to faithfully and diligently perform their duties and responsibilities according to laws, regulations, normative documents, and the Articles of Association until the new eighth board is appointed. The company expresses its heartfelt gratitude to all directors of the seventh board for their contributions to the company's development during their tenure.
Anhui Anada Titanium Industry Co., Ltd.
Board of Directors
February 13, 2026