Stock Code: 002592 Stock Abbreviation: ST Ba Ling Announcement No.: 2026-033 Nanning Ba Ling Technology Co., Ltd. Announcement on the Election of Directors
The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Given that the term of the seventh Board of Directors of Nanning Ba Ling Technology Co., Ltd. (hereinafter referred to as the "Company") is about to expire, in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Shenzhen Stock Exchange Stock Listing Rules," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guide No. 1 - Standardized Operation of Main Board Listed Companies," and other laws, regulations, normative documents, and the "Articles of Association of Nanning Ba Ling Technology Co., Ltd." (hereinafter referred to as the "Articles of Association"), the Company has officially initiated the election process for the Board of Directors. The relevant matters of this election are hereby announced as follows:
I. Matters Related to the Election of Directors
The Company held the 29th meeting of the seventh Board of Directors on June 10, 2026, which reviewed and approved proposals including the "Proposal on the Election of the Eighth Board of Directors Non-Independent Directors," the "Proposal on the Election of the Eighth Board of Directors Independent Directors," and the "Proposal on Amending the Articles of Association." The Nomination Committee of the Board of Directors has issued a special review opinion on this election matter.
Based on the needs of the Company's daily business operations, the Company plans to adjust the number of board members from 7 to 6, specifically comprising 4 non-independent directors (including 1 employee director) and 2 independent directors. Due to this adjustment, the Company will simultaneously amend the corresponding clauses in the Articles of Association.
After the Nomination Committee of the Board of Directors conducted qualification reviews, the Board of Directors agreed to nominate Ms. Gu Yu, Mr. Yang Jingyu, and Ms. Chen Shuying as candidates for non-independent directors of the eighth Board of Directors. Ms. Ma Shuying and Mr. Pan Mingzhang were nominated as candidates for independent directors of the eighth Board of Directors. The resumes of each candidate are detailed in the appendix to this announcement.
The Company's first extraordinary general meeting in 2026 will hold a vote on the above-mentioned director candidates. The meeting will adopt the cumulative voting system, with separate votes for non-independent and independent director candidates. After the candidates are elected as directors by the shareholders' meeting, together with the employee directors elected by the Company's employee representative assembly, the eighth Board of Directors of the Company will be formed. The term of office for the Board of Directors will be calculated from the date of approval by the first extraordinary general meeting in 2026, for a term of three years.
II. Other Matters for Explanation