Stock Short Name: COSCO SHIPPING Technology Stock Code: 002401 Announcement No.: 2026-008 COSCO SHIPPING Technology Co., Ltd. Announcement on Resolutions of the Third Meeting of the Eighth Board of Directors The Company and all members of the Board of Directors guarantee the content of this announcement is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Notification, Convening, and Holding of the Meeting
The third meeting of the eighth Board of Directors of COSCO SHIPPING Technology Co., Ltd. (hereinafter referred to as the "Company") was held on March 26, 2026, in the Company's conference room through on-site and teleconference methods. The meeting notice was sent to all directors via email within the time stipulated by the "Company Articles of Association." This meeting was convened and presided over by Mr. Wang Xinbo, Chairman of the Company. Nine directors were eligible to attend, and nine directors actually attended. Among them, Ms. Lin Yaxiu, Mr. Dong Yuhang, Mr. Jiang Shifei, and Mr. Peng Xin participated via teleconference. The convening and holding of this meeting comply with the "Company Law," "Company Articles of Association," and "Rules of Procedure for Board Meetings."
II. Resolutions of the Meeting
After full deliberation and valid voting by the attending directors, the following resolutions were passed by signed ballot:
(I) Approval of the "2025 Annual General Manager Work Report." Voting results: 9 votes in favor, 0 against, 0 abstentions.
(II) Approval of the "2025 Board of Directors Work Report." Voting results: 9 votes in favor, 0 against, 0 abstentions.
The Board of Directors approved the "2025 Board of Directors Work Report." Independent Directors Mr. Li Jiaming, Mr. Zhang Zhiyun, and Mr. Peng Xin submitted their 2025 annual work reports to the Board, and they will present their work reports at the Company's 2025 shareholders' meeting. The "2025 Board of Directors Work Report" and the 2025 Independent Directors' Work Reports can be found on the Juchao Information Network (www.cninfo.com.cn). This proposal still needs to be submitted to the Company's shareholders' meeting for deliberation.
(III) Approval of the "Special Report on the Self-Assessment of Independence of Independent Directors in 2025." Voting results: 9 votes in favor, 0 against, 0 abstentions. The Board of Directors approved the "Special Report on the Self-Assessment of Independence of Independent Directors in 2025." Independent Directors Mr. Li Jiaming, Mr. Zhang Zhiyun, and Mr. Peng Xin submitted their self-assessment reports on independence to the Board, and the Board conducted a special assessment of the independence of these independent directors. The "Special Report on the Self-Assessment of Independence of Independent Directors in 2025" can be found on the Juchao Information Network (www.cninfo.com.cn).
(IV) Approval of the "2025 Annual Report" and the "2025 Annual Report Summary." Voting results: 9 votes in favor, 0 against, 0 abstentions. The Board of Directors approved the "2025 Annual Report" and the "2025 Annual Report Summary." The second meeting of the Audit Committee of the Eighth Board of Directors had previously reviewed this proposal. The full text of the "2025 Annual Report" can be found on the Juchao Information Network (www.cninfo.com.cn). The "2025 Annual Report Summary" can be found in the "2025 Annual Report Summary" disclosed by the Company on March 28, 2026, in the Securities Times and on the Juchao Information Network (www.cninfo.com.cn) (Announcement No.: 2026-009). This proposal still needs to be submitted to the Company's shareholders' meeting for deliberation.
(V) Approval of the "2025 Financial Statements and 2026 Financial Budget Report." Voting results: 9 votes in favor, 0 against, 0 abstentions. The Board of Directors approved the "2025 Financial Statements and 2026 Financial Budget Report." The second meeting of the Audit Committee of the Eighth Board of Directors had previously reviewed this proposal. Specific financial data can be found in the "2025 Annual Report" disclosed by the Company on the Juchao Information Network (www.cninfo.com.cn).