Announcement on Resolutions of the 14th Meeting of the 8th Board of Directors
The Board of Directors and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.
I. Convening of the Board Meeting
The 14th meeting of the 8th Board of Directors of Zhejiang Autobot Co., Ltd. (hereinafter referred to as "Zhejiang Autobot" or "the Company") was held on August 7, 2026, in the conference room on the third floor of the office building at No. 6, Street 17, Qiantang District, Hangzhou City, Zhejiang Province. The meeting notice was sent via email on July 23, 2026. The meeting was convened through a combination of on-site and written voting. Eleven directors were eligible to attend, and all eleven were present. Directors Tang Haohan, Zhang Junjie, Zhou Yu, Min Haitao, Wang Zhifu, Xu Jincheng, Li Xingjian, and Wu Langping participated in the meeting via written voting. Ms. Liu Xiaoping, Secretary of the Board, attended the meeting. The meeting was presided over by Chairman Mr. Zhang Shiquan, and senior management personnel of the Company attended the meeting. The convening of the meeting complied with relevant laws, administrative regulations, departmental rules, normative documents, and the Company's Articles of Association.
II. Deliberations of the Board Meeting
(I) Deliberation and Approval of the Proposal "On the Company's Compliance with Conditions for Issuing A-shares to Specific Targets"
According to the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Administrative Measures for the Registration of Issuance of Securities by Listed Companies," and the "Stock Listing Rules of the Shenzhen Stock Exchange," among other relevant laws, regulations, and normative documents, the Company's Board of Directors, after self-inspection and deliberation, believes that the Company meets the relevant conditions stipulated by current laws, regulations, and normative documents for listed companies to issue A-shares to specific targets, and possesses the qualifications and conditions for issuing A-shares to specific targets. Therefore, all directors unanimously agreed to the matter of the Company's compliance with conditions for issuing A-shares to specific targets, and submitted the "Proposal on the Company's Compliance with Conditions for Issuing A-shares to Specific Targets" to the Company's shareholders' meeting for deliberation.
Voting results: 11 votes in favor, 0 votes against, 0 abstentions.
This proposal has been reviewed and approved by the Board's Audit Committee, Independent Directors' Special Committee, and Investment and Strategy Committee.
The above proposal is still subject to approval by the Company's First Extraordinary General Meeting of Shareholders in 2026.
(II) Deliberation and Approval of the Proposal "On the Company's Plan for Issuing A-shares to Specific Targets in 2026"
The specific details of this issuance plan are as follows:
- Type and Par Value of Shares to be Issued
The type of shares to be issued will be RMB ordinary shares (A-shares) listed in China, with a par value of RMB 1.00 per share.
- Issuance Method and Timing
This issuance will be entirely conducted through the method of issuing A-shares to specific targets. The issuance will be carried out at an appropriate time within the validity period after the Shenzhen Stock Exchange's review and the China Securities Regulatory Commission's registration approval.