Shanghai Moen Electric Co., Ltd. (hereinafter referred to as the "Company") held its 2026 Second Extraordinary General Meeting of Shareholders on July 7, 2026. The meeting approved the "Proposal on the Election of the 7th Board of Directors and Nomination of Candidates for Non-Independent Directors" and the "Proposal on the Election of the 7th Board of Directors and Nomination of Candidates for Independent Directors." Three non-independent directors and three independent directors were elected, who, together with one employee representative director elected by the Company's Staff Representative Meeting, form the 7th Board of Directors of the Company. On the same day, the Company held the First Meeting of the 7th Board of Directors, at which the Chairman of the 7th Board of Directors, members of the specialized committees of the Board of Directors were elected, and the Company's senior management personnel were appointed. Thus, the election and appointment work for the Company's Board of Directors has been completed. The relevant information is hereby announced as follows:
I. Composition of the 7th Board of Directors of the Company
The 7th Board of Directors of the Company is composed of seven directors, including three non-independent directors, three independent directors, and one employee representative director. The specific members are as follows:
-
Non-independent directors: Ms. Zhuo Zilan, Mr. Chen Lei, Mr. Huang Shenzhi
-
Independent directors: Mr. Pan Zhizhi, Mr. Qiang Yongchang, Mr. Peng Guigang
-
Employee representative director: Mr. Zhang Xie
The term of office for the 7th Board of Directors is three years, commencing from the date of election at the Company's 2026 Second Extraordinary General Meeting of Shareholders until the expiration of the term of the 7th Board of Directors. Among the members of the 7th Board of Directors, those concurrently serving as senior management personnel of the Company and the number of directors who are employee representatives do not exceed one-half of the total number of directors of the Company; the number of independent directors is not less than one-third of the total number of directors of the Company. There are no instances where independent directors have served for more than six consecutive years, and the number of independent directorships held in domestic listed companies does not exceed three, which complies with the requirements of relevant laws and regulations.
The qualifications and independence of the independent directors of the 7th Board of Directors have been reviewed and approved by the Shenzhen Stock Exchange without objection.
Resumes of the above-mentioned board members are attached.
II. Composition of the Specialized Committees of the 7th Board of Directors of the Company