Yunnan Hanbang New Material (Group) Co., Ltd. Announcement on the Completion of the Board of Directors Election and Resignation of Some Directors
The Company and all its directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or material omissions.
Yunnan Hanbang New Material (Group) Co., Ltd. (hereinafter referred to as the "Company") held its second interim shareholders' meeting for 2026 on March 23, 2026, and approved the proposals related to the election of the Company's board of directors, electing the members of the sixth board of directors. On March 24, 2026, the Company held the first meeting of the sixth board of directors, which approved the "Proposal on the Election of the Chairman and Vice Chairman of the Sixth Board of Directors" and the "Proposal on the Election of Members of the Specialized Committees of the Sixth Board of Directors," with the following details:
I. Composition of the Sixth Board of Directors
Non-independent Directors: Mr. Paul Xiaoming Lee, Mr. Li Xiaohua, Mr. Zhai Jun, Mr. Wang Xingguang, Mr. Bai Yunfei, Ms. Kang Wenying (Employee Representative Director) Independent Directors: Mr. Li Zhe, Mr. Pan Siming, Ms. Zhang Jing
The number of directors concurrently serving as senior management personnel of the Company and directors appointed as employee representatives in the sixth board of directors does not exceed one-half of the total number of directors of the Company. The proportion of independent directors in the sixth board of directors is not less than one-third of the total number of directors. The qualifications and independence of the independent directors have been reviewed and approved by the Shenzhen Stock Exchange without objection, in compliance with relevant laws and regulations and the "Articles of Association of Yunnan Hanbang New Material (Group) Co., Ltd." For the resumes of the non-employee representative directors, please refer to the "Announcement on the Election of the Board of Directors" (Announcement No.: 2026-020) disclosed by the Company on March 6, 2026, on the designated information disclosure media: Securities Times, China Securities Journal, Securities Daily, Shanghai Securities News, and cninfo.com.cn.
II. Election of the Chairman and Vice Chairman of the Sixth Board of Directors
The Company's board of directors agreed to elect Mr. Paul Xiaoming Lee as the Chairman of the sixth board of directors and Mr. Li Xiaohua as the Vice Chairman of the sixth board of directors, with terms of office ending on the expiration of the sixth board of directors.
III. Election of Employee Representative Directors