Stock Code: 002193
Stock Abbreviation: ST Ruyi
Announcement Number: 2026-024
Shandong Ruyi Wool Textile Group Co., Ltd.
Announcement on the Election of the Company's Board of Directors
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.
Shandong Ruyi Wool Textile Group Co., Ltd. (hereinafter referred to as the "Company") announces that the term of office of the Ninth Board of Directors has expired. In accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Stock Listing Rules of the Shenzhen Stock Exchange," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 1 - Standardized Operation of Main Board Listed Companies," and other relevant laws, regulations, normative documents, and the "Articles of Association," the Company is conducting the election of its Board of Directors.
The Company held the 22nd meeting of the Ninth Board of Directors on July 30, 2026, and reviewed and approved the "Proposal on the Election of the Company's Board of Directors" and the "Proposal on the Election of Independent Directors of the Company's Board of Directors." These proposals will be submitted to the Company's shareholders' meeting for review. On the same day, the Company held a meeting of employee representatives to elect an employee representative director. The details are as follows:
I. Composition of the Tenth Board of Directors
The Tenth Board of Directors of the Company is proposed to consist of 5 directors, including 3 non-independent directors (one of whom is an employee representative director elected by the Company's employee representative meeting) and 2 independent directors. The term of office for directors shall commence from the date of approval of the relevant election matters by the shareholders' meeting and shall last for three years.
II. Candidates for Non-Independent Directors for the Tenth Board of Directors Election
Upon recommendation by the Company's shareholders and with the consent of the individuals, nomination by the Company's Board of Directors, and review and approval by the Nomination Committee of the Ninth Board of Directors, the Company proposes Ms. Qiu Chenran and Mr. Wang Qinglin as candidates for non-independent directors of the Tenth Board of Directors (candidate resumes are detailed in the attachment).
III. Candidates for Independent Directors for the Tenth Board of Directors Election
Upon recommendation by the Company's shareholders and with the consent of the individuals, nomination by the Company's Board of Directors, and review and approval by the Nomination Committee of the Ninth Board of Directors, the Company nominates Mr. Wang Qingwu and Mr. Xu Yuhao as candidates for independent directors of the Tenth Board of Directors (candidate resumes are detailed in the attachment).
Candidates for independent directors, Mr. Wang Qingwu and Mr. Xu Yuhao, have provided written commitments to participate in the most recent independent director training and obtain the independent director certificate recognized by the Shenzhen Stock Exchange. Among them, Mr. Xu Yuhao is a professional accountant. The nominated independent director candidates do not have a continuous term of office exceeding 6 years at the Company, nor do they concurrently serve as independent directors at more than 3 domestic listed companies.
The qualifications and independence of the above independent director candidates are subject to the review and approval of the Shenzhen Stock Exchange. If no objections are raised, they will be submitted to the Company's shareholders' meeting for deliberation along with the non-independent director candidates. The shareholders' meeting will adopt cumulative voting to vote separately and item by item on the non-independent director candidates and independent director candidates.