Stock Code: 002379 Stock Abbreviation: Hongqiao Holdings Announcement No.: 2026-026
Shandong Hongqiao Aluminum Holdings Co., Ltd. Announcement on Purchasing Directors' and Senior Management Liability Insurance
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or material omissions.
Shandong Hongqiao Aluminum Holdings Co., Ltd. (hereinafter referred to as the "Company") held its Second Extraordinary Board Meeting of the Seventh Session on March 19, 2026, and deliberated on the "Proposal on Purchasing Directors' and Senior Management Liability Insurance." To further improve the Company's risk management system, protect the interests of the Company and investors, and enable the Company's directors and senior management to exercise their rights and fulfill their duties more fully within their scope of responsibilities, in accordance with the "Code of Corporate Governance for Listed Companies" and other relevant regulations, it is proposed to purchase liability insurance for the Company, its subsidiaries, and all directors and senior management of the Company. This proposal was reviewed by the Nomination, Assessment and Remuneration Committee of the Board of Directors before being submitted to the Board of Directors. As all directors of the Company are the insured parties and are related parties, all directors of the Company abstained from voting on this proposal and submitted it directly to the Shareholders' Meeting for deliberation. The specific proposal is hereby announced as follows: