Stock Code: 002175 Stock Abbreviation: *ST Dongzhi Announcement No.: 2026-043
Guangxi Dongfang Smart Manufacturing Technology Co., Ltd.
Announcement on the Election of the Board of Directors
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
Guangxi Dongfang Smart Manufacturing Technology Co., Ltd. (hereinafter referred to as the "Company")'s eighth Board of Directors was originally scheduled to expire on May 17, 2027. Given the change in the Company's control, to ensure the continuity and stability of corporate governance, the Company proposes to hold the election of the Board of Directors in advance. On August 11, 2026, the Company held the third meeting of the Eighth Nomination Committee and the tenth meeting of the Eighth Board of Directors, which deliberated and approved the "Proposal on the Election of the Board of Directors," and submitted it for deliberation at the Company's 2026 First Extraordinary General Meeting.
The relevant matters are hereby announced as follows:
I. Election of the Board of Directors
In accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Articles of Association," and other relevant regulations, the Company's ninth Board of Directors will consist of 9 directors, including 6 non-independent directors and 3 independent directors.
Upon the recommendation of the controlling shareholder Ningxia Dongtai Energy Group Co., Ltd. and shareholder Kehsiang High-tech Development Co., Ltd., and after qualification review and confirmation by the third meeting of the eighth Board of Directors' Nomination Committee, the Board of Directors agreed to nominate Mr. Wang Jianying, Mr. Zhu Lei, Ms. Peng Min, Mr. Xu Yan, Mr. Hu Zhongjiang, and Ms. Wu Xiaoqin as candidates for non-independent directors of the ninth Board of Directors (resumes attached); and to nominate Mr. Wang Shouyin, Ms. Ni Xin, and Mr. Zhang Fuming as candidates for independent directors of the ninth Board of Directors (resumes attached), among whom Mr. Zhang Fuming is an accounting professional.
As of the date of this Board meeting, Ningxia Dongtai Energy Group Co., Ltd. holds 188,500,000 shares of the Company, accounting for 14.76% of the Company's total share capital, and is the controlling shareholder. Mr. Wang Jianying indirectly controls 65.15% of the equity of Ningxia Dongtai Energy Group Co., Ltd. through Beijing Yuan Shuo Technology Development Co., Ltd. and is the actual controller of the Company. Mr. Wang Jianying does not directly hold shares in the Company. He has no relationship with the Company's controlling shareholder Ningxia Dongtai Energy Group Co., Ltd., nor does he have any relationship with other directors or senior management of the Company.
Except for Mr. Wang Jianying, the other director candidates do not hold company shares.
As of the date of this Board meeting, the actual controller of the Company, Mr. Wang Jianying, serves as the executive director and general manager of the Company's controlling shareholder Ningxia Dongtai. Mr. Hu Zhongjiang serves as a director of Beijing Jiangbo Capital Management Co., Ltd. Other than these, the Company's other directors have no relationship with shareholders holding more than 5% of the shares, the actual controller, or other directors and senior management of the Company.
After this reshuffle, the total number of directors who concurrently serve as senior management personnel and directors appointed by employees will not exceed one-half of the total number of directors. The number of proposed independent director candidates will not be less than one-third of the total number of directors, and the number of concurrent independent directorships in domestic listed companies will not exceed three.