002270SZSE

Announcement on the Purchase of Directors and Officers Liability Insurance

✨ AI Summary

Huaming Power Equipment Co., Ltd. has approved the purchase of Directors and Officers (D&O) liability insurance to enhance risk management and protect the rights of the company and its investors. The insurance coverage will not exceed RMB 30 million, with an annual premium capped at RMB 350,000. This decision will be submitted for approval at the 2025 annual shareholders' meeting.

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Full Translation

AI Translation· azure_openai

Huaming Power Equipment Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

At the seventh meeting of the seventh session of the Board of Directors held on February 26, 2026, the proposal regarding the purchase of Directors and Officers liability insurance was approved. This matter is subject to review by the Company's 2025 annual shareholders' meeting. The relevant matters are announced as follows:

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