Resolutions of the 15th Meeting of the 5th Board of Directors Announcement
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
I. Convening of the Board Meeting
The 15th meeting of the 5th Board of Directors of Suzhou Huayuan Holdings Co., Ltd. (hereinafter referred to as the "Company") was convened by the Chairman. Notice was given to all directors via telephone, instant messaging, and other means on March 16, 2026. The meeting was held on March 27, 2026, in a hybrid format combining in-person attendance and proxy voting at the 11th-floor conference room of Huayuan Holdings Innovation Center. A total of 7 directors were eligible to attend, and all 7 directors attended (including 0 proxy directors). Five directors attended via proxy voting: Mr. Li Zhicong, Mr. Shen Hualian, Mr. Wu Qingchuan, Mr. Chen Wei, and Ms. Yao Weirong. The number of directors attending the meeting exceeded half of the total number of directors, complying with the provisions of the "Company Law" and the "Articles of Association" regarding board meetings. The meeting was presided over by Chairman Li Zhicong, and senior management personnel attended the meeting.
II. Deliberation of Board Meeting Proposals
- Approval of the "2025 General Manager's Work Report"
The Board of Directors deliberated on the "2025 General Manager's Work Report" submitted by the General Manager and concluded that the Company's management effectively executed all resolutions of the shareholders' meeting and the board of directors in 2025. Votes: 7 for; 0 against; 0 abstentions; The number of votes in favor accounted for 100% of the voting directors present, and the resolution was passed.
- Approval of the "2025 Board of Directors' Work Report"
Votes: 7 for; 0 against; 0 abstentions; The number of votes in favor accounted for 100% of the voting directors present, and the resolution was passed. This proposal is subject to approval by the 2025 Annual Shareholders' Meeting. The "2025 Board of Directors' Work Report" will be announced on the same day as this resolution announcement on Juchao Information Network (www.cninfo.com.cn). Independent Directors Mr. Chen Wei, Ms. Yao Weirong, Mr. Wu Qingchuan, and Mr. Jiang Ping (resigned) of the fifth Board of Directors submitted their "2025 Independent Directors' Performance Reports" to the board. They will present their reports at the 2025 Annual Shareholders' Meeting. The full text of the performance reports will be announced on the same day as this resolution announcement on Juchao Information Network.
- Approval of the "2025 Annual Report and Summary"
The Company's directors and senior management have signed written confirmation opinions on the "2025 Annual Report."
Votes: 7 for; 0 against; 0 abstentions; The number of votes in favor accounted for 100% of the voting directors present, and the resolution was passed. This proposal has been reviewed and approved by the Board's Audit Committee and is subject to approval by the 2025 Annual Shareholders' Meeting. The full text of the "2025 Annual Report" can be found on Juchao Information Network. The "2025 Annual Report Summary" will be announced on the same day as this resolution announcement in the "Securities Times" and on Juchao Information Network.
- Approval of the "2025 Profit Distribution Plan"