Securities Code: 003003
Securities Abbreviation: Tianyuan Co., Ltd.
Announcement Number: 2026-017
Announcement on the Expiration of Independent Director's Term and the Re-election of Independent Director and Adjustment of Special Committee Members
Guangdong Tianyuan Industrial Group Co., Ltd. (hereinafter referred to as "the Company") held the 12th meeting of the 4th Board of Directors on May 26, 2026, and approved the proposal regarding the expiration of the independent director's term and the re-election of an independent director for the 4th Board of Directors. The relevant matters are announced as follows:
1. Situation of Independent Director's Term Expiration
Mr. Ji Zhibin, the independent director of the Company, will no longer continue to serve as an independent director and as the chairman of the Remuneration and Assessment Committee, as well as a member of the Audit Committee and the Nomination Committee, due to the expiration of his term of nearly 6 years. In accordance with the "Administrative Measures for Independent Directors of Listed Companies" and other relevant regulations, Mr. Ji will continue to perform his duties as an independent director and related committee roles until a new independent director is elected at the shareholders' meeting, to ensure the normal operation of the board, as the number of independent directors will fall below one-third of the board members. As of the date of this announcement, Mr. Ji does not hold any shares in the Company. During his tenure, Mr. Ji diligently fulfilled his responsibilities and played a positive role in the Company's standardized operations and scientific decision-making of the board. The board expresses its heartfelt gratitude for Mr. Ji's contributions to the Company's development!