Resolution Announcement of the 17th Meeting of the Fifth Board of Directors
The Board of Directors and all its members guarantee the truthfulness, accuracy, and completeness of the information disclosed, without any false records, misleading statements, or major omissions.
I. Convening of the Board Meeting
The 17th meeting of the Fifth Board of Directors of Suzhou Huayuan Holdings Co., Ltd. (hereinafter referred to as the "Company") (hereinafter referred to as the "Board") was convened by the Chairman. Notice was issued to all directors via telephone and email on July 19, 2026. The meeting was held on July 29, 2026, in a hybrid format of on-site and written voting at the conference room of Building 20, Huayuan Innovation Center, No. 199 Xiarong Street, Songling Town, Wujiang District, Suzhou City. The total number of directors of the Company is 7. A total of 7 directors attended the meeting, including 0 proxy directors. 5 directors attended the meeting via written voting: Mr. Li Zhicong, Mr. Shen Hualuo, Mr. Wu Qingchuan, Ms. Yao Weirong, and Mr. Chen Wei. The number of directors attending the meeting exceeded half of the total number of directors, and the meeting complied with the provisions of the "Company Law" and the "Articles of Association" for convening a board meeting. The meeting was presided over by Chairman Li Zhicong. The Company's secretary of the board and senior management personnel attended the meeting.
II. Matters Deliberated at the Board Meeting
(I) Approval of the "Full Text and Summary of the 2026 Interim Report"
The directors of the Company deliberated on this matter. The directors and senior management personnel of the Company signed written confirmation opinions on the "2026 Interim Report."
Votes in favor: 7; Votes against: 0; Abstentions: 0;
The number of votes in favor accounted for 100% of the voting directors present at the meeting. The resolution was passed.
This proposal has been reviewed and approved by the Audit Committee of the Board.
The "2026 Interim Report" can be found on the Juchao Information Network (www.cninfo.com.cn). The "Summary of the 2026 Interim Report" is announced on "Securities Times" and the Juchao Information Network on the same day as this resolution announcement.
(II) Approval of the "Proposal on Establishing a Wholly-Owned Subsidiary and Transferring Part of the Assets to It"
With the steady advancement of the Company's development strategy and the stable development of its packaging business, as well as the gradual expansion of businesses such as semiconductor supporting equipment, the Company will form business segments including metal packaging, plastic packaging, and semiconductor supporting equipment. To further clarify and optimize the corporate structure, promote the development of various business segments, clarify responsibilities and assessments, and improve overall operational efficiency, the Company plans to establish a wholly-owned subsidiary, Suzhou Huayuan Packaging Co., Ltd. (tentative name, subject to industrial and commercial registration, hereinafter referred to as the "New Subsidiary"). Assets related to the metal packaging business (including equity in subsidiaries directly held by the Company related to the metal packaging business) will be transferred to the New Subsidiary. The total amount of assets to be transferred is expected to not exceed RMB 1.3 billion. This asset transfer will be adjusted based on the actual situation, and the final transferred assets and liabilities will be subject to the implementation results.
This proposal on establishing a wholly-owned subsidiary and transferring part of the assets to it is in line with the Company's strategic development and operational needs. The transfer of assets is within the scope of the Company's ordinary business activities and does not require the approval of the shareholders' meeting.