Guilin Ximai Food Co., Ltd.
Announcement on the Completion of the Fourth Board of Directors Election and Appointment of Senior Management and Securities Affairs Representative
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
On June 12, 2026, Guilin Ximai Food Co., Ltd. (hereinafter referred to as the "Company") held the first meeting of the Fourth Board of Directors. The meeting deliberated and approved the "Proposal on the Election of the Chairman of the Fourth Board of Directors," the "Proposal on the Election of Members of the Specialized Committees of the Fourth Board of Directors," the "Proposal on the Appointment of Senior Management of the Company," and the "Proposal on the Appointment of the Securities Affairs Representative of the Company." The chairman of the board, members of the specialized committees of the board were elected, and senior management and the securities affairs representative were appointed. The relevant matters are hereby announced as follows:
I. Composition of the Fourth Board of Directors
The Fourth Board of Directors of the Company is composed of 6 directors, including 3 non-independent directors and 3 independent directors.
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Non-independent Directors: Xie Qingkui, Xie Jinling, Sun Hongyan
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Independent Directors: Dong Zhoujiang, Shen Houcai, Pang Jiaren
The term of office for the directors of the Fourth Board of Directors shall be three years from the date of approval by the shareholders' meeting in the 2025 fiscal year. The total number of directors who concurrently hold senior management positions and directors appointed by employee representatives shall not exceed one-half of the total number of directors of the Company. The qualification of independent directors has been filed with the Shenzhen Stock Exchange and has no objection. The number of independent directors is not less than one-third of the total number of directors of the Company, which complies with relevant laws, regulations, and normative documents.
The resumes of the directors of the Fourth Board of Directors are detailed in the announcement disclosed by the Company on the Juchao Information Network (http://www.cninfo.com.cn) on April 15, 2026, titled "Announcement on the Election of the Board of Directors."
II. Election of the Chairman of the Board
The Company deliberated and approved the "Proposal on the Election of the Chairman of the Fourth Board of Directors." All directors unanimously agreed to elect Mr. Xie Qingkui as the Chairman of the Fourth Board of Directors. His term of office is three years, from the date of approval of this board meeting until the expiration of the term of the Fourth Board of Directors.
The resume of the Chairman of the Fourth Board of Directors is detailed in the announcement disclosed by the Company on the Juchao Information Network (http://www.cninfo.com.cn) on April 15, 2026, titled "Announcement on the Election of the Board of Directors."
III. Election of Specialized Committees of the Board
The Company deliberated and approved the "Proposal on the Election of Members of the Specialized Committees of the Fourth Board of Directors." The Fourth Board of Directors has established four specialized committees: the Strategy Committee, the Audit Committee, the Nomination Committee, and the Remuneration and Appraisal Committee. All directors elected the members and conveners of each specialized committee. The specific composition is as follows:
(1) Strategy Committee: Xie Qingkui (Convener), Xie Jinling, Pang Jiaren
(2) Audit Committee: Dong Zhoujiang (Convener), Shen Houcai, Pang Jiaren
(3) Nomination Committee: Dong Zhoujiang (Convener), Xie Jinling, Pang Jiaren
(4) Remuneration and Appraisal Committee: Dong Zhoujiang (Convener), Xie Jinling, Pang Jiaren