Kaiying Network Co., Ltd. (hereinafter referred to as "the Company") issued a notice via email on May 22, 2026, to convene the first meeting of the sixth board of directors, which was held on the same day in a hybrid format of in-person and communication. According to the provisions of the Articles of Association, 9 directors were required to attend, and all 9 directors were present; some senior management personnel attended the meeting. The meeting was convened in accordance with the Company Law, the Articles of Association, and relevant laws and regulations, and the resolutions passed were legal and valid.
The meeting was chaired by Mr. Jin Feng, with all directors reviewing and voting on the agenda items, resulting in the following resolutions:
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Election of Chairman and Vice Chairman
The proposal for the election of the Chairman and Vice Chairman of the sixth board of directors was approved. Mr. Jin Feng was elected as the Chairman, and Mr. Shen Jun was elected as the Vice Chairman, with their terms starting from the date of this board meeting until the end of the sixth board's term. The voting results were: 9 votes in favor, 0 votes against, and 0 abstentions. -
Election of Committee Members
The board agreed to elect members of the specialized committees of the sixth board of directors as follows:Committee Name Members Strategy and Sustainable Development Non-independent director Mr. Jin Feng (Chairman), Independent directors Mr. Chen Yinghua, Mr. Yu Jingxuan Audit Committee Independent director Mr. Yu Jingxuan (Chairman), Independent directors Mr. Zhu Liufei, Ms. Jiang Hongzhen Nomination Committee Independent director Ms. Jiang Hongzhen (Chairman), Independent director Mr. Chen Yinghua, Non-independent director Mr. Shen Jun Compensation and Assessment Committee Independent director Mr. Zhu Liufei (Chairman), Independent director Ms. Jiang Hongzhen, Non-independent director Mr. Shen Jun The term of each committee member is consistent with that of the sixth board of directors. If any committee member ceases to be a director, they will automatically lose their committee membership. The voting results were: 9 votes in favor, 0 votes against, and 0 abstentions. -
Appointment of General Manager and Deputy General Managers
The proposal to appoint Mr. Shen Jun as the General Manager was approved, with his term starting from the date of this board meeting until the end of the sixth board's term. According to the Articles of Association, the General Manager serves as the legal representative of the Company, and Mr. Shen Jun will continue in this role. The appointments of Mr. Zhao Fan and Mr. Tang Yue as Deputy General Managers were also approved, with their terms starting from the date of this board meeting until the end of the sixth board's term. The voting results were: 9 votes in favor, 0 votes against, and 0 abstentions. -
Appointment of Financial Director
The proposal to appoint Mr. Zhang Qirun as the Financial Director was approved, with his term starting from the date of this board meeting until the end of the sixth board's term. The voting results were: 9 votes in favor, 0 votes against, and 0 abstentions. -
Appointment of Board Secretary
The proposal to appoint Mr. Liu Honglin as the Board Secretary was approved, with his term starting from the date of this board meeting until the end of the sixth board's term. The contact information for the Board Secretary is as follows:- Phone: 021-58358399
- Fax: 021-58350799
- Email: dm@kingnet.com
- Address: 15th Floor, A Block, Expo Yaohua Business Center, No. 899 Yaohua Road, Pudong New District, Shanghai
Mr. Liu Honglin holds a board secretary qualification certificate issued by the Shenzhen Stock Exchange and possesses the necessary professional competence and relevant work experience to perform the duties of the Board Secretary. The voting results were: 9 votes in favor, 0 votes against, and 0 abstentions.