Xinya Process (Zhejiang) Co., Ltd. (hereinafter referred to as "the Company") announces that all members of the board of directors guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
The notice of the first extraordinary meeting of the seventh board of directors was communicated to all directors on June 5, 2026, via verbal and WeChat notifications, and the meeting was held on the same day at 15:30 in the company meeting room, combining in-person and remote attendance. A total of 7 directors were required to attend, and all 7 directors were present. The meeting was chaired by Mr. Yang Shouhai, who was jointly nominated by all directors. The convening, holding, and voting procedures of this meeting comply with the provisions of the Company Law and the Articles of Association, making the resolutions legally valid.
After careful deliberation, the attending directors unanimously passed the following resolutions:
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Resolution on Waiving the Notification Period for the First (Extraordinary) Meeting of the Seventh Board of Directors
The company will hold the 2025 annual shareholders' meeting on June 5, 2026, to elect the seventh board of directors. To ensure the normal operation of the new board, the first extraordinary meeting of the seventh board was convened on the same day. In accordance with the Articles of Association and the Board Meeting Rules, the requirement for the notification period for the first extraordinary meeting is waived. This proposal does not require submission to the shareholders' meeting for deliberation.
Voting results: 7 votes in favor, 0 votes against, 0 abstentions. -
Resolution on the Election of the Company Chairman
The board agreed to elect Mr. Yang Shouhai as the chairman of the company (resume attached), with a term starting from the date of this board resolution until the end of the seventh board's term. According to the Articles of Association, the chairman serves as the legal representative of the company. The legal representative of the company is accordingly changed to Mr. Yang Shouhai. This proposal does not require submission to the shareholders' meeting for deliberation.
Voting results: 7 votes in favor, 0 votes against, 0 abstentions. -
Resolution on the Election of Members of the Special Committees of the Seventh Board of Directors
Based on the actual situation of the company, the seventh board of directors elected the following directors as members and chairpersons of the special committees, with terms consistent with the current board's term, effective from the date of this board resolution.
| Committee Name | Chairperson | Members |
|---|---|---|
| Audit Committee | Zhai Zhisheng | Zhang Dexian, Wu Peixin |
| Compensation and Assessment Committee | Yang Youmin | Chen Yang, Zhai Zhisheng |
| Nomination Committee | Zhang Dexian | Wu Pei, Zhai Zhisheng |
| Strategy Committee | Yang Shouhai | Chen Yang, Yang Youmin |
This proposal does not require submission to the shareholders' meeting for deliberation.
Voting results: 7 votes in favor, 0 votes against, 0 abstentions.
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Resolution on the Appointment of the Company President
Based on the chairman's nomination, the board agreed to appoint Mr. Yang Shouhai as the company president (resume attached), with a term starting from the date of appointment until the end of the seventh board's term. This proposal does not require submission to the shareholders' meeting for deliberation.
Voting results: 7 votes in favor, 0 votes against, 0 abstentions. -
Resolution on the Appointment of the Executive Vice President and Vice President
Based on the president's nomination, the board agreed to appoint Ms. Yang Yun as the executive vice president and Ms. Wang Yue as the vice president (resumes attached), with terms starting from the date of appointment until the end of the seventh board's term. This proposal does not require submission to the shareholders' meeting for deliberation.
Voting results: 7 votes in favor, 0 votes against, 0 abstentions.