003000SZSE

Announcement of Resolutions of the 14th Meeting of the 3rd Board of Directors

Jinzai Food Group Co., Ltd.··5 pages

✨ AI Summary

The 14th meeting of the 3rd Board of Directors of Jinzhai Food Group approved a share repurchase plan to enhance shareholder value, with a budget of 50 million to 100 million RMB. The repurchase will occur within 12 months at a maximum price of 16 RMB per share. Additionally, a second extraordinary shareholders' meeting is scheduled for June 22, 2026.

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Full Translation

AI Translation· azure_openai

The company and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.

I. Meeting Information

  1. The 14th meeting of the 3rd Board of Directors of Jinzhai Food Group Co., Ltd. (hereinafter referred to as "the Company") was convened by Chairman Mr. Zhou Jinsong. The meeting notice was delivered to all directors via email and phone on June 2, 2026, including relevant materials and specifying the meeting's time, location, content, and method. In accordance with the Company's articles of association, the attending directors agreed to waive the notice period requirement.
  2. The meeting was held on June 3, 2026, in the conference room on the 46th floor of the A Building, Wanda Plaza, Kaifu District, Changsha, using both on-site and communication methods for voting.
  3. The number of directors required to attend was 7, and all 7 directors attended (Mr. Shen Qingwu, Mr. Lin Ruixin, Mr. Zhou Langbo, Ms. Chen Jiayao, and Ms. Chen Huimin participated via communication), with no proxies present.
  4. The meeting was chaired by Chairman Mr. Zhou Jinsong, and the company's senior management attended the meeting.
  5. The convening and voting procedures of this meeting comply with the relevant provisions of the Company Law of the People's Republic of China and the Company's articles of association.

II. Meeting Resolutions

After careful deliberation and voting by the attending directors, the following proposals were unanimously approved:

(1) Proposal on Share Repurchase for Capital Reduction

Main content: Based on confidence in the Company's future development and recognition of its stock value, to effectively protect the interests of all shareholders and enhance investor confidence, the Company plans to use no less than 50 million RMB (including this amount) and no more than 100 million RMB (including this amount) of its own funds and special loan funds for stock repurchase to cancel and reduce the registered capital. The repurchase period is within 12 months from the date the shareholders' meeting approves this repurchase plan, with a maximum repurchase price of 16 RMB per share. This proposal needs to be submitted to the shareholders' meeting for approval. For specific details, please refer to the Company's announcement on the same day disclosed on the Giant Tide Information website (www.cninfo.com.cn) titled "Announcement on Share Repurchase for Capital Reduction."

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