Stock Code: 002312 Stock Abbreviation: Chuanfa Longsheng Announcement No.: 2026-021 Sichuan Development Longsheng Co., Ltd. Resolution Announcement of the 20th Meeting of the 7th Board of Directors The Company and all members of the Board of Directors guarantee that the information disclosed in this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Convening of the Board Meeting
The 20th meeting of the 7th Board of Directors of Sichuan Development Longsheng Co., Ltd. (hereinafter referred to as the "Company") was notified via email on April 28, 2026. The meeting was held via communication voting at 10:00 on April 29, 2026. Eight directors were eligible to attend, and eight directors actually attended. Upon the recommendation of more than half of the directors, the meeting was presided over by Director Wang Liwei. All senior management personnel of the Company attended the meeting. This meeting was an urgent ad hoc meeting. The procedures for convening and holding the meeting comply with the relevant provisions of the "Company Law" and the "Articles of Association" of the Company. The voting was legal and valid.
II. Matters Considered by the Board Meeting
After deliberation and by-name vote by the attending directors, the following proposals were approved:
(I) Approval of the "Proposal on the Election of the Company's Chairman"
The Board of Directors recently received written resignation reports from Mr. Zhu Quanfang, Director and Chairman of the Company, and Mr. Wang Liwei, Director and President. Mr. Zhu Quanfang, due to his approaching retirement, applied to resign from his positions as Director, Chairman, Chairman of the Development Strategy Committee, and Member of the Nomination Committee of the 7th Board of Directors. Mr. Wang Liwei applied to resign from his position as President due to work arrangements. Their terms of office were originally scheduled to end on the expiration date of the 7th Board of Directors. After resignation, Mr. Zhu Quanfang will no longer hold any positions in the Company and its控股 subsidiaries. Mr. Wang Liwei will continue to serve in the Company.