Securities Code: 002371 Securities Abbreviation: North China Electric Power Announcement No.: 2026-022
North China Electric Power Technology Group Co., Ltd. Announcement on the Election of the Board of Directors
The 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.
The eighth Board of Directors of North China Electric Power Technology Group Co., Ltd. (hereinafter referred to as the "Company") completed its term on March 29, 2026. Prior to the expiration of the term, the Company issued the "Notice of Postponement of Board Election" (2026-013). In accordance with the Company Law, the Shenzhen Stock Exchange Stock Listing Rules, the Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 1 - Standardized Operation of Main Board Listed Companies, and other laws, regulations, normative documents, and the Articles of Association, the Company is conducting a board election.
The relevant situation is hereby announced as follows:
On April 13, 2026, the Company held the first meeting of the Nomination Committee of the Eighth Board of Directors for 2026 to review the eligibility of the candidates for the Ninth Board of Directors. On April 17, 2026, the Company held the 32nd meeting of the Eighth Board of Directors, which reviewed and approved the "Proposal on the Election of the Board of Directors."
According to the Articles of Association, the Ninth Board of Directors of the Company will be composed of 11 directors, including 7 non-independent directors and 4 independent directors. After the qualification review by the Company's Nomination Committee, the Board of Directors agreed to nominate Mr. Zhao Jinrong, Ms. Tao Haihong, Mr. Ji Ankang, Mr. Dong Boyu, Mr. Li Rui, Ms. Feng Qian, and Ms. Zong Ranran as candidates for non-independent directors of the Ninth Board of Directors. It was also agreed to nominate Ms. Liu Yi, Mr. Zhang Dacheng, Mr. Wang Zhicheng, and Mr. Wu Xibin as candidates for independent directors of the Ninth Board of Directors.
The above independent director candidates have not served continuously for more than 6 years and have not concurrently served as independent directors in more than three domestic listed companies. Ms. Liu Yi, Mr. Wang Zhicheng, and Mr. Wu Xibin have obtained independent director qualification certificates recognized by the Shenzhen Stock Exchange. Among them, Mr. Wang Zhicheng is an accounting professional. Mr. Zhang Dacheng has not yet obtained an independent director qualification certificate, but he has undertaken in writing to participate in the next independent director qualification training and obtain a recognized independent director qualification certificate from the Shenzhen Stock Exchange. The resumes of the above director candidates are detailed in the appendix.
The Company's Nomination Committee has reviewed the eligibility of the above director candidates and believes that the above director candidates do not have any circumstances that would prevent them from serving as directors of the Company as stipulated by the Company Law and the Articles of Association, have not been penalized or sanctioned by the China Securities Regulatory Commission or other relevant authorities and stock exchanges, and do not have any other circumstances that would make them unsuitable to serve as directors of a listed company as determined by the stock exchange. The independent director candidates meet the qualification and independence requirements stipulated by relevant laws, regulations, and normative documents, and have no relationship with the Company or its controlling shareholder and actual controller. The proportion of independent director candidates is not less than one-third of the total number of directors, and the number of directors who concurrently serve as senior management personnel does not exceed one-half of the total number of directors.