Announcement of Resolutions from the First Meeting of the Sixth Board of Directors in 2026
The company and all members of the board guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Huayou Huibo Technology Co., Ltd. (hereinafter referred to as "the Company") held the first meeting of its sixth board of directors on June 3, 2026, following a written notice issued on May 29, 2026. The meeting was conducted both in person and via communication at the conference room on the 12th floor of the Jin'ao International Office Building, No. 17, Madiandong Road, Haidian District, Beijing. A total of 9 directors were required to attend, and all 9 directors were present. Mr. Liu Xinzhao was elected to preside over the meeting, which was attended by senior management personnel of the company. The convening, holding, and voting procedures of the meeting complied with the provisions of the Company Law of the People's Republic of China, the Articles of Association of Huayou Huibo Technology Co., Ltd., and relevant laws and regulations.
After careful deliberation by the attending directors, the following resolutions were passed:
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Election of the Chairman and Vice Chairman of the Sixth Board of Directors
The proposal to elect Mr. Liu Xinzhao as the Chairman and Mr. Zhang Zhongwei as the Vice Chairman of the sixth board of directors was approved. Their term will commence from the date of this board meeting's approval until the expiration of the sixth board's term. For specific details, please refer to the announcement disclosed in the Securities Times, Shanghai Securities Journal, and the Giant Tide Information Network (www.cninfo.com.cn) regarding the completion of the board's re-election, appointment of senior management personnel, and the head of the internal audit institution.
Voting results: 9 votes in favor, 0 votes against, 0 abstentions. -
Establishment of Specialized Committees of the Sixth Board of Directors
To further improve the company's governance structure and enhance the scientific decision-making, evaluation, and management level of the board, the board established four specialized committees: the Strategy and Sustainable Development (ESG) Committee, the Nomination Committee, the Compensation and Assessment Committee, and the Audit Committee. The committee members are set as follows:- Strategy and Sustainable Development (ESG) Committee: Liu Xinzhao, Xie Wei, Zhai Ruixue, Dong Xiucheng (independent director), with Liu Xinzhao as the convener.
- Nomination Committee: Dong Xiucheng, Ma Jun, Liu Xinzhao, with Dong Xiucheng and Ma Jun as independent directors, and Dong Xiucheng as the convener.
- Compensation and Assessment Committee: Ma Jun, Li Jianying, Zhang Zhongwei, with Ma Jun and Li Jianying as independent directors, and Ma Jun as the convener.
- Audit Committee: Li Jianying, Dong Xiucheng, Li Zhou, with Li Jianying and Dong Xiucheng as independent directors; Li Jianying, a professional accountant, serves as the convener.
The term of the specialized committees is consistent with that of the sixth board of directors. For specific details, please refer to the announcement disclosed in the Securities Times, Shanghai Securities Journal, and the Giant Tide Information Network regarding the completion of the board's re-election, appointment of senior management personnel, and the head of the internal audit institution.
Voting results: 9 votes in favor, 0 votes against, 0 abstentions.
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Change of Legal Representative
According to Article 8 of the Articles of Association, the director representing the company in executing company affairs is the legal representative, elected by a majority of the board of directors. The board elected director Zhang Zhongwei as the legal representative of the company and authorized designated personnel to handle the business registration changes related to this matter.
Voting results: 9 votes in favor, 0 votes against, 0 abstentions.