002249SZSE
🚨 Material Event

Resolution Announcement of the 14th Meeting of the 7th Board of Directors

✨ AI Summary

The company's board of directors approved the termination of the H-share issuance and listing, and a share repurchase plan to be used for employee stock ownership or incentive plans. The board also approved the cancellation of some stock options and confirmed the conditions for exercising options under the 2023 incentive plan.

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Full Translation

AI Translation· gemini_document

This company and all members of the board of directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.

Chongqing Broad-Ocean Motor Co., Ltd. (hereinafter referred to as the "Company") held the 14th meeting of the 7th Board of Directors at 9:00 AM on July 20, 2026, in the company's conference room. The meeting notice was sent by special delivery or email on July 15, 2026. The meeting was convened and presided over by Chairman Mr. Lu Chuping. Nine directors were expected to attend, and nine directors actually attended. The Company Secretary attended the meeting. The convening and holding of the meeting comply with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," and other laws, administrative regulations, departmental rules, and normative documents, as well as the "Articles of Association." The meeting was held via written voting. After careful deliberation by the attending directors, the following resolutions were passed:

I. The "Proposal on Terminating the Issuance of H Shares and Listing on The Stock Exchange of Hong Kong Limited" was considered and approved (Voting results: 9 votes in favor, 0 votes against, 0 abstentions).

The "Announcement on Terminating the Issuance of H Shares and Listing on The Stock Exchange of Hong Kong Limited" was published on July 21, 2026, in China Securities Journal, Securities Times, Securities Daily, Shanghai Securities News, and Juchao Information Network (http://www.cninfo.com.cn).

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