Announcement on Resolutions of the 32nd Meeting of the 6th Board of Directors

Securities Code: 002388 Securities Abbreviation: New Asia Process Announcement No.: 2026-015 New Asia Process (Zhejiang) Co., Ltd. Announcement on Resolutions of the 32nd Meeting of the 6th Board of Directors The Company and all members of the Board of Directors guarantee the authenticity, accuracy, and completeness of this announcement, and that there are no false records, misleading statements, or major omissions. New Asia Process (Zhejiang) Co., Ltd. (hereinafter referred to as the "Company") convened the 32nd meeting of its 6th Board of Directors. The meeting notice was sent to all directors in writing on April 14, 2026, and the meeting was held in a hybrid format of on-site and teleconference at 10:30 AM on April 24, 2026, in the Company's conference room. A total of 8 directors were eligible to attend, and 8 directors actually attended. The convening, holding, and voting procedures of this meeting comply with the provisions of the Company Law, the Articles of Association, and other relevant laws, regulations, and normative documents, and the resolutions formed are legal and valid. The meeting was presided over by Ms. Wang Weihua, Chairman of the Board, and the attending directors reviewed and approved the following resolutions: I. The "2025 President's Work Report" was reviewed and approved. This proposal does not require submission to the shareholders' meeting for review. Voting results: 8 votes in favor, 0 votes against, 0 abstentions. II. The "2025 Board of Directors' Work Report" was reviewed and approved. The specific content of the "2025 Board of Directors' Work Report" can be found in the relevant chapters of the "2025 Annual Report" published on the same day by the designated information disclosure media, "Securities Times," "Economic Information Daily," and the CNINFO website (www.cninfo.com.cn). The independent directors of the Company submitted their "2025 Independent Directors' Performance Reports" to the Board of Directors, and they will present their reports at the Company's 2025 Annual Shareholders' Meeting. The specific content can be found in the "2025 Independent Directors' Performance Reports" published on the same day by the designated information disclosure media, "Securities Times," "Economic Information Daily," and the CNINFO website (www.cninfo.com.cn). This proposal requires submission to the shareholders' meeting for review. Voting results: 8 votes in favor, 0 votes against, 0 abstentions. III. The "Full Text and Summary of the 2025 Annual Report" was reviewed and approved. The specific content can be found in the "2025 Annual Report" and the "Summary of the 2025 Annual Report" published on the same day by the designated information disclosure media, "Securities Times," "Economic Information Daily," and the CNINFO website (www.cninfo.com.cn). This proposal requires submission to the shareholders' meeting for review. Voting results: 8 votes in favor, 0 votes against, 0 abstentions. IV. The "2025 Financial Final Accounts Report" was reviewed and approved. The specific content of the "2025 Financial Final Accounts Report" can be found in the relevant chapters of the "2025 Annual Report" published on the same day by the designated information disclosure media, "Securities Times," "Economic Information Daily," and the CNINFO website (www.cninfo.com.cn). This proposal requires submission to the shareholders' meeting for review. Voting results: 8 votes in favor, 0 votes against, 0 abstentions. V. The "2025 Profit Distribution Proposal" was reviewed and approved. The Company plans not to distribute any cash dividends, issue bonus shares, or convert capital reserve into share capital in 2025. The remaining undistributed profits will be carried forward to the next fiscal year. The specific content can be found in the "Announcement on the 2025 Profit Distribution Proposal" published on the same day by the designated information disclosure media, "Securities Times," "Economic Information Daily," and the CNINFO website (www.cninfo.com.cn). This proposal requires submission to the shareholders' meeting for review. Voting results: 8 votes in favor, 0 votes against, 0 abstentions. VI. The "2025 Internal Control Self-Evaluation Report" was reviewed and approved. The specific content can be found in the "2025 Internal Control Self-Evaluation Report" published on the same day by the designated information disclosure media, "Securities Times," "Economic Information Daily," and the CNINFO website (www.cninfo.com.cn). This proposal requires submission to the shareholders' meeting for review. Voting results: 8 votes in favor, 0 votes against, 0 abstentions. VII. The "Proposal on Applying for Comprehensive Credit Line and Providing Guarantees for the Company and its Subsidiaries in 2026" was reviewed and approved. The specific content can be found in the "Announcement on Applying for Comprehensive Credit Line and Providing Guarantees for the Company and its Subsidiaries in 2026" published on the same day by the designated information disclosure media, "Securities Times," "Economic Information Daily," and the CNINFO website (www.cninfo.com.cn). This proposal requires submission to the shareholders' meeting for review. Voting results: 8 votes in favor, 0 votes against, 0 abstentions. VIII. The "Proposal on Using Idle Own Funds to Purchase Wealth Management Products" was reviewed and approved. The specific content can be found in the "Announcement on Using Idle Own Funds to Purchase Wealth Management Products" published on the same day by the designated information disclosure media, "Securities Times," "Economic Information Daily," and the CNINFO website (www.cninfo.com.cn). This proposal does not require submission to the shareholders' meeting for review. Voting results: 8 votes in favor, 0 votes against, 0 abstentions. IX. The "Proposal on Provision for Asset Impairment and Write-off of Assets in 2025" was reviewed and approved. The Company's provision for asset impairment and write-off of assets in this instance complies with the principle of prudence, and the decision-making procedures are legal and compliant. It can more fairly reflect the Company's financial position and asset value, helping to provide investors with more true, reliable, and accurate accounting information, and does not harm the interests of the Company and all shareholders, especially small and medium shareholders. The specific content can be found in the "Announcement on Provision for Asset Impairment and Write-off of Assets in 2025" published on the same day by the designated information disclosure media, "Securities Times," "Economic Information Daily," and the CNINFO website (www.cninfo.com.cn). This proposal does not require submission to the shareholders' meeting for review. Voting results: 8 votes in favor, 0 votes against, 0 abstentions. X. The "Proposal on Formulating the Company's <Three-Year (2026-2028) Shareholder Return Plan>" was reviewed and approved. The specific content can be found in the "Three-Year (2026-2028) Shareholder Return Plan" published on the same day by the designated information disclosure media, "Securities Times," "Economic Information Daily," and the CNINFO website (www.cninfo.com.cn). This proposal requires submission to the shareholders' meeting for review. Voting results: 8 votes in favor, 0 votes against, 0 abstentions. XI. Review of the "Proposal on Determining the 2025 Remuneration for Directors and Senior Management and the 2026 Remuneration Plan" The specific remuneration for the Company's directors and senior management in 2025 can be found in "Section IV Company Governance," "5.3 Remuneration of Directors and Senior Management" of the Company's "2025 Annual Report." Independent directors of the Company receive an allowance of RMB 120,000 per year (pre-tax); non-independent directors holding senior management positions shall receive remuneration based on their positions; non-independent directors employed by the Company but not holding senior management positions (such as employee representative directors) shall receive remuneration based on their actual job positions; non-independent directors not employed by the Company shall receive an allowance of RMB 120,000 per year (pre-tax); senior management shall receive remuneration based on their specific positions. Regarding this proposal, the Remuneration and Appraisal Committee and all members of the Board of Directors have recused themselves from voting, and the proposal is directly submitted to the shareholders' meeting for review. XII. The "Proposal on Revising the <Remuneration Management System for Directors and Senior Management>" was reviewed and approved. The specific content can be found in the "Remuneration Management System for Directors and Senior Management" disclosed by the Company on the CNINFO website (www.cninfo.com.cn) on the same day. The Company's Board Remuneration and Appraisal Committee has reviewed this proposal and agreed to submit it to the Board of Directors for review. This proposal requires submission to the shareholders' meeting for review. Voting results: 8 votes in favor, 0 votes against, 0 abstentions. XIII. The "Proposal on Revising the <Management System for Securities Investment and Derivatives Trading>" was reviewed and approved. The specific content can be found in the "Management System for Securities Investment and Derivatives Trading" disclosed by the Company on the CNINFO website (www.cninfo.com.cn) on the same day. This proposal does not require submission to the shareholders' meeting for review. Voting results: 8 votes in favor, 0 votes against, 0 abstentions. XIV. The "2026 First Quarterly Report" was reviewed and approved. The specific content can be found in the "2026 First Quarterly Report" published on the same day by the designated information disclosure media, "Securities Times," "Economic Information Daily," and the CNINFO website (www.cninfo.com.cn). This proposal does not require submission to the shareholders' meeting for review. Voting results: 8 votes in favor, 0 votes against, 0 abstentions. XV. The "Proposal on Adjusting the Number of Board Members and Revising the <Articles of Association>" was reviewed and approved. To further optimize the corporate governance structure and improve the efficiency of the Board of Directors' operations and decision-making, the Company proposes to adjust the number of Board members from 9 to 7, including 4 non-independent directors and 3 independent directors. Corresponding amendments to the "Articles of Association" will also be made. The shareholders' meeting is requested to authorize the Chairman or their authorized representative to handle subsequent matters such as change registration and filing of the articles of association. The specific content can be found in the "Announcement on Adjusting the Number of Board Members and Revising the <Articles of Association>" published on the same day by the designated information disclosure media, "Securities Times," "Economic Information Daily," and the CNINFO website (www.cninfo.com.cn). Voting results: 8 votes in favor, 0 votes against, 0 abstentions. This proposal requires submission to the shareholders' meeting for review. XVI. The "Proposal on the Election of Non-Independent Directors for the Board Reshuffle" was reviewed and approved. Given that the term of office of the 6th Board of Directors of the Company has expired, in accordance with the relevant provisions of the Company Law, the Articles of Association, and other laws and regulations, the Company will conduct a reshuffle election for the Board of Directors. The controlling shareholder, Quzhou Xinbao Kyoho Technology Development Partnership (Limited Partnership), proposes Mr. Yang Shouhai, Mr. Chen Yang, and Ms. Yang Yun as candidates for non-independent directors of the 7th Board of Directors (resumes are attached). The Company's Board proposes Mr. Wu Pei as a candidate for non-independent director of the 7th Board of Directors (resume is attached). The term of office shall commence from the date of approval by the shareholders' meeting until the expiration of the term of the 7th Board of Directors. The qualifications of the above candidates have been reviewed by the Company's Nomination Committee. The total number of directors who concurrently hold senior management positions and directors elected by employee representatives among the above director candidates shall not exceed one-half of the total number of directors. In accordance with the provisions of the "Articles of Association," to ensure the normal operation of the Board of Directors, before the new directors take office, the original directors shall continue to perform their duties in accordance with laws, administrative regulations, departmental rules, and the "Articles of Association." Voting results: 8 votes in favor, 0 votes against, 0 abstentions. This proposal requires submission to the shareholders' meeting for review, and the non-independent directors of the 7th Board of Directors will be elected through cumulative voting. XVII. The "Proposal on the Election of Independent Directors for the Board Reshuffle" was reviewed and approved. Given that the term of office of the 6th Board of Directors of the Company has expired, in accordance with the relevant provisions of the Company Law, the Articles of Association, and other regulations, the controlling shareholder, Quzhou Xinbao Kyoho Technology Development Partnership (Limited Partnership), has nominated, and the Board Nomination Committee has reviewed, the Board of Directors agrees to nominate Mr. Zhai Zhisheng, Ms. Yang Youmin, and Mr. Zhang Dexian as candidates for independent directors of the 7th Board of Directors (resumes are attached). The term of office shall commence from the date of approval by the shareholders' meeting until the expiration of the term of the 7th Board of Directors. In accordance with the provisions of the "Articles of Association," to ensure the normal operation of the Board of Directors, before the new directors take office, the original directors shall continue to perform their duties in accordance with laws, administrative regulations, departmental rules, and the "Articles of Association." The qualifications and independence of the above independent director candidates need to be reviewed and approved by the Shenzhen Stock Exchange before they can be submitted to the Company's shareholders' meeting for review. Voting results: 8 votes in favor, 0 votes against, 0 abstentions. This proposal requires submission to the shareholders' meeting for review, and the independent directors of the 7th Board of Directors will be elected through cumulative voting. XVIII. The "Proposal on Convening the 2025 Annual Shareholders' Meeting" was reviewed and approved. The specific content can be found in the "Notice of Convening the 2025 Annual Shareholders' Meeting" published on the same day by the designated information disclosure media, "Securities Times," "Economic Information Daily," and the CNINFO website (www.cninfo.com.cn). Voting results: 8 votes in favor, 0 votes against, 0 abstentions. Hereby announced. New Asia Process (Zhejiang) Co., Ltd. Board of Directors April 27, 2026