Securities Code: 002723
Securities Abbreviation: Xiaosong Shares
Announcement Code: 2026-067
Guangdong Xiaosong Technology Co., Ltd.
Announcement on the Completion of the Board of Directors Election
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
Guangdong Xiaosong Technology Co., Ltd. (hereinafter referred to as the "Company" or "this Company")'s sixth Board of Directors term has expired. In accordance with the "Company Law," the "Shenzhen Stock Exchange Stock Listing Rules," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 1 - Normative Operation of Main Board Listed Companies," and the "Articles of Association," etc., the Company held its third extraordinary general meeting of shareholders in 2026 on July 2, 2026. The meeting elected 2 non-independent directors and 2 independent directors for the seventh Board of Directors, who, together with 1 employee representative director elected by the Company's employee representative assembly, form the seventh Board of Directors of the Company. On the same day, the Company held the first meeting of the seventh Board of Directors, electing the Chairman, Vice Chairman, and members of the specialized committees of the seventh Board of Directors.
The relevant matters are hereby announced as follows:
I. Composition of the Seventh Board of Directors and its Specialized Committees
(I) Composition of the Seventh Board of Directors
The seventh Board of Directors of the Company is composed of 5 directors, including 3 non-independent directors (including 1 employee representative director) and 2 independent directors. The specific members are as follows:
Non-independent Directors: Mr. Liu Ling Shuang (Chairman), Mr. Xu Chi, Mr. Lu Baoshan (Employee Representative Director, Vice Chairman);
Independent Directors: Ms. Shen Ying, Mr. Zhao Xin Zhi.
The term of the seventh Board of Directors is three years, commencing from the date of approval by the third extraordinary general meeting of shareholders of the Company in 2026 until the expiration of the term of the seventh Board of Directors.
The number of directors who concurrently serve as senior management personnel of the Company and the number of directors appointed by employee representatives do not exceed one-half of the total number of directors of the Company; the number of independent directors is not less than one-third of the total number of directors of the Company, including one accounting professional. There are no circumstances where a director has served as an independent director of the Company for more than six consecutive years, and concurrently serves as an independent director of domestic listed companies for no more than three companies. The qualifications and independence of the independent directors have been reviewed and found to be without objection by the Shenzhen Stock Exchange prior to the convening of the third extraordinary general meeting of shareholders in 2026.
The above directors meet the qualification and conditions for directors of listed companies as stipulated by relevant laws and regulations, and there are no circumstances that would prevent them from serving as directors of the Company as stipulated by the "Company Law," the "Shenzhen Stock Exchange Stock Listing Rules," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 1 - Normative Operation of Main Board Listed Companies," and the "Articles of Association." The resumes of the above directors are detailed in the appendix.
(II) Composition of the Seventh Board of Directors' Specialized Committees
The Board of Directors has established four specialized committees: the Audit Committee, the Nomination Committee, the Remuneration and Appraisal Committee, and the Strategy Committee. The members of each specialized committee are as follows:
Audit Committee: Ms. Shen Ying (Convener), Mr. Zhao Xin Zhi, Mr. Liu Ling Shuang;
Nomination Committee: Mr. Zhao Xin Zhi (Convener), Ms. Shen Ying, Mr. Lu Baoshan;
Remuneration and Appraisal Committee: Ms. Shen Ying (Convener), Mr. Zhao Xin Zhi, Mr. Xu Chi;
Strategy Committee: Mr. Zhao Xin Zhi (Convener), Ms. Shen Ying, Mr. Liu Ling Shuang.