Stock Code: 002388 Stock Abbreviation: New Asia Precision Announcement No.: 2026-021 New Asia Precision (Zhejiang) Co., Ltd. Announcement on Adjusting the Number of Directors and Revising the Articles of Association 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 material omissions. New Asia Precision (Zhejiang) Co., Ltd. (hereinafter referred to as the "Company") held the 32nd meeting of the Sixth Board of Directors on April 24, 2026, and deliberated and passed the "Proposal on Adjusting the Number of Directors and Revising the Articles of Association," the details of which are as follows: I. Situation Regarding the Adjustment of the Number of Directors To further optimize the Company's corporate governance structure and enhance the efficiency of the Board of Directors' operation and decision-making, the Company proposes to adjust the number of directors from nine to seven, including four non-independent directors and three independent directors. II. Situation Regarding the Revision of the Articles of Association Based on the aforementioned reasons, the Company proposes to revise relevant clauses in the "Articles of Association." The specific revision content is as follows:
| Before Revision | After Revision |
|---|---|
| Article 110: The Company shall have a Board of Directors composed of nine directors, with one Chairman. The Chairman shall be elected by more than half of all directors. | Article 110: The Company shall have a Board of Directors composed of seven directors, with one Chairman. The Chairman shall be elected by more than half of all directors. |
Other than the above-mentioned clause revisions, other clauses in the "Articles of Association" remain unchanged. The above matters are subject to shareholder approval. The Board of Directors hereby submits this proposal to the shareholders' meeting and requests authorization for the Chairman or their authorized representative to handle subsequent change registration, articles filing, and other related matters. The Company will apply to the registration and change authority for the alteration and filing of the "Articles of Association" in a timely manner after the shareholders' meeting approves it. The aforementioned changes will ultimately be subject to the approval of the market supervision and administration department. Hereby announced. New Asia Precision (Zhejiang) Co., Ltd. Board of Directors April 27, 2026