Sichuan Kexin Electromechanical 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 information disclosed in this announcement, and that there are no false representations, misleading statements, or material omissions.
The term of office for the sixth Board of Directors of Sichuan Kexin Electromechanical Co., Ltd. (hereinafter referred to as the "Company") is about to expire. In accordance with the "Company Law," the "Shenzhen Stock Exchange GEM Stock Listing Rules," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 2 - Normative Operation of GEM Listed Companies," and other laws, regulations, normative documents, and the "Articles of Association," the Company has conducted the election of the Board of Directors in accordance with legal procedures. The relevant matters are hereby announced as follows:
On August 21, 2026, the Company convened the 17th meeting of the sixth Board of Directors, which deliberated and passed the "Proposal on the Election of Non-Independent Directors for the Seventh Board of Directors" and the "Proposal on the Election of Independent Directors for the Seventh Board of Directors." These proposals will be submitted to the Company's first extraordinary general meeting of shareholders in 2026 for consideration.
The seventh Board of Directors will be composed of 9 directors, including 5 non-independent directors, 3 independent directors, and 1 employee representative director. After the qualification review by the Nomination Committee of the Board of Directors, the Company's Board of Directors agreed to nominate Lin Zhenhua, Lin Zhirong, Li Yong, Lin Yilei, and Lin Xuejiao as candidates for non-independent directors of the seventh Board of Directors; and agreed to nominate He Xiaojian, Li Xiaodong, and Lai Shu as candidates for independent directors of the seventh Board of Directors. (The resumes of the above candidates are detailed in the appendix of this announcement).
The sixth Board of Directors has reviewed the qualifications of the above director candidates and believes that the above director candidates meet the qualification requirements for directors as stipulated in the "Company Law," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 2 - Normative Operation of GEM Listed Companies," and the "Articles of Association." The number of independent directors accounts for no less than one-third of the members of the Board of Directors, and the number of directors who concurrently serve as senior management personnel and directors elected by employees does not exceed one-half of the total number of directors of the Company. The three independent director candidates have obtained independent director qualification certificates or corresponding training certificates for performing their duties. Among them, Lai Shu is a finance professional. The qualifications of the above independent director candidates are subject to review by the Shenzhen Stock Exchange. If there are no objections, they will be submitted to the Company's first extraordinary general meeting of shareholders in 2026 for consideration and election through cumulative voting.
The 5 non-independent directors and 3 independent directors elected by the shareholders' meeting, together with the 1 employee representative director elected by the Company's employee representative assembly, will form the seventh Board of Directors of the Company. The term of office for this board will be three years, commencing from the date of approval by the Company's shareholders' meeting.
To ensure the normal operation of the Board of Directors, the members of the sixth Board of Directors will continue to faithfully and diligently perform their duties and obligations as directors in accordance with laws, regulations, normative documents, and the "Articles of Association" until the directors of the seventh Board of Directors take office.