ZHEZHONG GROUP Stock Short Name: ZHEZHONG GROUP Stock Code: 002346 Announcement No.: 2026-03 Shanghai ZHEZHONG GROUP Co., Ltd. Announcement on the Resolution of the First Meeting of Holders of the First Phase Employee Stock Ownership Plan
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions.
I. Meeting Convening Situation
The first meeting of holders of the first phase employee stock ownership plan of Shanghai ZHEZHONG GROUP Co., Ltd. (hereinafter referred to as the "Company") (hereinafter referred to as the "Employee Stock Ownership Plan") was validly convened on March 27, 2026. A total of 40 holders attended this meeting of holders, representing 45,814,625 shares of the Employee Stock Ownership Plan, accounting for 62.65% of the total shares subscribed for in the Employee Stock Ownership Plan. This meeting was convened and presided over by Mr. Li Liming, Secretary of the Board of Directors. The convening, holding, and voting procedures of this meeting comply with relevant laws and regulations and the provisions of the Employee Stock Ownership Plan.
II. Meeting Deliberation Situation
The following proposal was deliberated and approved by written ballot at this meeting:
(I) Deliberated and approved the "Proposal on the Establishment of the Management Committee for the First Phase Employee Stock Ownership Plan of Shanghai ZHEZHONG GROUP Co., Ltd."; In accordance with the "First Phase Employee Stock Ownership Plan of Shanghai ZHEZHONG GROUP Co., Ltd." and the "Management Measures for the First Phase Employee Stock Ownership Plan of Shanghai ZHEZHONG GROUP Co., Ltd.", it is agreed to establish the Management Committee for the First Phase Employee Stock Ownership Plan (hereinafter referred to as the "Management Committee") as the daily management and supervision body of this Employee Stock Ownership Plan. The Management Committee is responsible to this Employee Stock Ownership Plan and represents the holders in exercising shareholder rights. The Management Committee shall consist of 3 members, and a Chairman of the Management Committee shall be appointed. The term of office of the members of the Management Committee shall be consistent with the term of the Employee Stock Ownership Plan. Voting results: 45,814,625 shares in favor, accounting for 100% of the effective voting shares held by the holders attending the meeting; 0 shares against, accounting for 0% of the effective voting shares held by the holders attending the meeting; 0 abstentions, accounting for 0% of the effective voting shares held by the holders attending the meeting.