Bossco Co., Ltd. and the Board of Directors guarantee the authenticity, accuracy, and completeness of the information disclosed in this announcement and do not have any false records, misleading statements, or significant omissions.
Bossco Co., Ltd. (hereinafter referred to as "the Company") hereby announces the resolutions from the sixth meeting of the seventh Board of Directors, which was convened on July 28, 2026, via electronic mail and telephone. The meeting was attended by 9 directors, and the voting results were confirmed by the relevant personnel. The meeting was attended by the Company's senior management. The meeting was convened in accordance with the "Company Law" and the "Articles of Association," and the voting procedures were legal and valid.
The meeting considered and approved the following proposal:
- Proposal on the Establishment of a Joint Venture for the Development of High-end Equipment Manufacturing Business
The proposal aims to leverage the Company's growing business, optimize the industrial structure, and promote high-quality development. It is proposed to establish a joint venture with Shandong Shanxin New Material Technology Co., Ltd. (hereinafter referred to as "Shanxin Company") to develop the high-end equipment manufacturing business. The joint venture will focus on the business of anti-corrosion insulation and heating equipment manufacturing.
Upon completion of this transaction, the Company will consolidate the financial statements of the joint venture. This will enhance the Company's core competitiveness and sustainable development capabilities, and further improve the Company's overall operational performance.
The relevant content can be found in the "Securities Times" and "Giant Information News" (http://www.cninfo.com.cn) published by the Company on the same day. The announcement regarding the establishment of a joint venture for the development of high-end equipment manufacturing business by Bossco Co., Ltd. is (Announcement No.: 2026-026).
The voting result was: 9 votes in favor, 0 against, and 0 abstentions.
- Proposal on the Appointment of Directors of the Joint Venture Company
The Company's wholly-owned subsidiary, Bossco Co., Ltd., will establish a joint venture (tentatively named "Shandong Shanxin New Material Technology Co., Ltd.") with Shandong Shanxin New Material Technology Co., Ltd. (hereinafter referred to as "Shanxin Company") to develop the business of anti-corrosion insulation and heating equipment manufacturing. The joint venture will be named "Bossco Company." The Company intends to appoint four directors to the joint venture. The specific arrangements are as follows:
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Director: Zhang Jingang, Li Yanan, Zuo Ergang, and Ren Jianhua will be appointed as directors of Bossco Company.
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Deputy General Manager and Director of Purchasing: Wang Junjie will be appointed as Deputy General Manager and Director of Purchasing of Bossco Company.
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Deputy General Manager and Financial Director: Wu Guomin will be appointed as Deputy General Manager and Financial Director of Bossco Company.