Guangdong Shunwei Precision Plastic Co., Ltd. (hereinafter referred to as "the Company") announces that the term of the sixth board of directors will expire on June 15, 2026. In accordance with the Company Law of the People's Republic of China, the Shenzhen Stock Exchange Listing Rules, and other relevant regulations, the Company will conduct an election for the new board of directors. The specific details are as follows:
1. Board Election Details
According to Article 129 of the Company’s Articles of Association, the board of directors consists of nine directors, including three independent directors and one employee representative director (elected separately by the employee representative assembly). On May 29, 2026, the Company held the 30th (temporary) meeting of the sixth board of directors, where it approved the proposals for the election of the non-independent and independent directors of the seventh board.
The board agreed to nominate Mr. Li Yongxiang, Mr. Su Yunhua, Ms. Xu Yidan, Ms. Peina, and Mr. Jiang Weilong as candidates for non-independent directors (excluding the employee representative director) and Mr. Huang Hao, Mr. Wang Meng, and Mr. Zeng Yan as candidates for independent directors. These candidates will be submitted for election at the shareholders' meeting, where a cumulative voting system will be used for each candidate. The term of the seventh board of directors will be three years, starting from the date of election at the first temporary shareholders' meeting in 2026 until the term ends. The resumes of the above candidates are attached. The Company will also hold a separate employee representative assembly to elect one employee representative director, who will join the directors elected by the shareholders to form the seventh board of directors, with a term consistent with that of the seventh board.
2. Other Matters
The nomination committee of the sixth board of directors has reviewed the qualifications of the candidates for the seventh board of directors and believes that they meet the relevant qualifications as stipulated in the Company Law, the Shenzhen Stock Exchange Listing Rules, and the Company’s Articles of Association. This election matter will be submitted to the board for review. The independent director candidates Mr. Huang Hao, Mr. Wang Meng, and Mr. Zeng Yan have obtained independent director qualification certificates, with Mr. Huang being a professional accountant. The qualifications and independence of the independent director candidates must be approved by the Shenzhen Stock Exchange before they can be submitted for election alongside the non-independent director candidates.