Securities Code: 002724 Securities Abbreviation: Haiyan King Announcement Number: 2026-025
Haiyan King Lighting Technology Co., Ltd. Announcement on the Election of the Board of Directors
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from false records, misleading statements, or major omissions.
The term of office of the sixth Board of Directors of Haiyan King Lighting Technology Co., Ltd. (hereinafter referred to as the "Company") is about to expire. In accordance with the "Company Law," "Articles of Association," and "Rules of Procedure for Board Meetings," the Company held the first extraordinary meeting of the sixth Board of Directors on June 10, 2026, and deliberated and approved the "Proposal on the Election of the Board of Directors and Nomination of Non-Independent Director Candidates for the Seventh Board of Directors" and the "Proposal on the Election of the Board of Directors and Nomination of Independent Director Candidates for the Seventh Board of Directors."
The seventh Board of Directors of the Company will be composed of 9 directors, including 5 non-independent directors, 3 independent directors, and 1 employee representative director. After the qualification review by the Nomination Committee of the Board of Directors, the Board of Directors agreed to nominate Ms. Zhou Shi, Ms. Li Caifen, Mr. Qiu Liangjie, Mr. Li Wenbing, and Ms. Zeng Chunlian as non-independent director candidates for the seventh Board of Directors; and agreed to nominate Mr. Zhang Shanshan, Mr. Zhang Yongkui, and Mr. Wang Yi as independent director candidates for the seventh Board of Directors. (See Appendix for the resumes of the director candidates)
Among the director candidates for the seventh Board of Directors, the number of directors concurrently serving as senior management personnel and employee representative directors does not exceed one-half of the total number of directors. The number of proposed independent director candidates is not less than one-third of the total number of directors, and there are no cases where the term of independent directors exceeds six years. Moreover, the number of independent directorships in domestic listed companies does not exceed three, which meets the requirements of relevant laws and regulations. Mr. Zhang Shanshan and Mr. Zhang Yongkui have obtained independent director qualification certificates or independent director training certificates recognized by the Shenzhen Stock Exchange. Mr. Wang Yi has not yet obtained an independent director training certificate, but he has undertaken in writing to participate in the most recent independent director training and obtain a recognized independent director training certificate from the Shenzhen Stock Exchange.
In accordance with relevant regulations, the qualifications of these three independent director candidates need to be reviewed and approved by the Shenzhen Stock Exchange before they can be submitted to the Company's general meeting of shareholders for deliberation. The proposed non-independent directors and independent directors also need to be submitted to the Company's general meeting of shareholders for deliberation and will be elected by cumulative voting. As Mr. Zhang Shanshan served as an independent director of the Company from September 14, 2022, his term of office will expire on September 13, 2028, commencing from the date of approval by the general meeting of shareholders. Except for Mr. Zhang Shanshan, the terms of office for other directors will be three years from the date of approval by the general meeting of shareholders.
To ensure the normal operation of the Board of Directors, before the new Board of Directors takes office, the directors of the sixth Board of Directors will continue to faithfully and diligently perform their duties and responsibilities in accordance with laws, regulations, and the "Articles of Association." The members of the sixth Board of Directors have diligently performed their duties during their term of office, playing a positive role in promoting the standardized operation and sustainable development of the Company. The Company sincerely thanks all directors for their contributions to the Company's development during their tenure!