Shenzhen YUTO Packaging 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 announcement's content, and are free from any false representations, misleading statements, or significant omissions.
The term of the fifth Board of Directors of Shenzhen YUTO Packaging Technology Co., Ltd. (hereinafter referred to as the "Company") has expired. In accordance with the "Company Law of the People's Republic of China," the "Stock Listing Rules of the Shenzhen Stock Exchange," and other relevant laws, regulations, normative documents, and the "Articles of Association," the process of electing a new Board of Directors is being carried out.
On August 7, 2026, the Company held the twenty-second meeting of the fifth Board of Directors, which deliberated and approved the "Proposal on the Election of the Sixth Board of Directors of the Company" and the "Proposal on the Election of Independent Directors for the Sixth Board of Directors of the Company." The current Board of Directors proposes Mr. Wang Huajun, Ms. Wu Lilan, Mr. Liu Zhongqing, Mr. Liu Zongliu, Mr. Wu Yu'en, Mr. Guo Dong, and Ms. Liu E'ping as candidates for directors of the sixth Board of Directors. Employee representative directors will be re-elected by the Company's employee representative assembly. Among them, Mr. Wu Yu'en and Ms. Liu E'ping are candidates for independent directors. Ms. Liu E'ping is an accounting professional. Mr. Wu Yu'en and Ms. Liu E'ping have obtained independent director qualification certificates, and Mr. Guo Dong has pledged to participate in the next independent director training and obtain the independent director qualification certificate recognized by the Shenzhen Stock Exchange.
Among the candidates for the sixth Board of Directors, the number of directors concurrently serving as senior management personnel and those appointed as employee representatives does not exceed one-half of the total number of directors. The number of independent director candidates is not less than one-third of the total number of directors, and there are no individuals who have served for more than six years. Furthermore, none of them serve as independent directors for more than three domestic listed companies. The Nomination Committee of the Board of Directors has reviewed the qualifications of the aforementioned candidates and issued its review opinion.
In accordance with the "Independent Director Rules for Listed Companies" and other regulations, the Company has publicly disclosed the detailed information of the independent director candidates on the Shenzhen Stock Exchange website (www.szse.cn). The qualifications and independence of the three independent director candidates will be subject to the review and approval of the Shenzhen Stock Exchange. If no objection is raised, they will be submitted along with the other four non-independent director candidates for consideration at the Company's Second Extraordinary General Meeting of Shareholders in 2026, and will be voted on item by item using the cumulative voting system.
The term of office for the directors of the sixth Board of Directors of the Company is three years, commencing from the date of approval by the Second Extraordinary General Meeting of Shareholders in 2026.
Effective.
To ensure the normal operation of the Board of Directors, the incumbent directors will continue to perform their duties in accordance with laws, administrative regulations, departmental rules, normative documents, and the "Articles of Association" until the new Board of Directors takes office.
Attachment: Personal Resumes of Director Candidates for the Sixth Board of Directors of the Company
Hereby announced.
Board of Directors
August 8, 2026