Announcement on Completion of Board of Directors Election and Appointment of Senior Management
The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Shenzhen Newland Payment Co., Ltd. (hereinafter referred to as the "Company") held its 2025 Annual Shareholders' Meeting, the First Meeting of the Seventh Board of Directors, and the Employee Representative Meeting on June 22, 2026, completing the election of the Board of Directors and the appointment of senior management. The relevant election and appointment information and personnel resumes are hereby announced as follows:
I. Composition of the Seventh Board of Directors
Non-independent Directors: Mr. Liu Xiang (Chairman), Mr. Jiang Han (Vice Chairman), Mr. Wei Yu Hong, Mr. Sun Tong, Mr. Shi Xiaodong
Independent Directors: Mr. Lin Zhiwei, Ms. Liu Rongxin, Mr. Chen Jinglin
Director Representing Employees: Ms. Liu Yuqing
Ms. Liu Yuqing was elected as the Employee Representative Director of the Seventh Board of Directors by the Company's Employee Representative Meeting.
The term of office for the above directors is three years from the date of approval by the Company's 2025 Annual Shareholders' Meeting and Employee Representative Meeting. The term of office for the independent director, Ms. Chen Yanwen, is from the date of approval by the Company's Annual Shareholders' Meeting and the listing of the Company's overseas listed foreign shares (H shares) on the Stock Exchange of Hong Kong Limited until the expiration of the term of the Seventh Board of Directors.
The above individuals all meet the qualification requirements for directors of listed companies as stipulated by relevant laws and regulations and normative documents. They do not have any circumstances that prohibit them from serving as directors as stipulated in the "Company Law," "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guide No. 2 - Norms for the Operation of GEM Listed Companies," and the "Articles of Association." They have not been identified as market entrants by the China Securities Regulatory Commission and have not been subject to penalties from the China Securities Regulatory Commission or other relevant authorities and stock exchanges, nor are they dishonest judgment debtors. The qualifications and independence of the independent directors were filed and reviewed by the Shenzhen Stock Exchange before the Company's 2025 Annual Shareholders' Meeting without objection.
The number of directors who also serve as senior management personnel and the number of employee representative directors do not exceed one-half of the total number of directors of the Company. The proportion of independent directors meets the requirements of relevant regulations and the "Articles of Association."
II. Composition of the Seventh Board of Directors' Special Committees
The Company's Board of Directors has established four special committees: the Strategy Committee, the Audit Committee, the Nomination Committee, and the Remuneration and Appraisal Committee. The composition of each special committee is as follows:
Strategy Committee: Mr. Liu Xiang (Chairman), Mr. Jiang Han, Mr. Wei Yu Hong
Audit Committee: Mr. Lin Zhiwei (Chairman), Mr. Chen Jinglin, Ms. Liu Rongxin
Remuneration and Appraisal Committee: Mr. Chen Jinglin (Chairman), Mr. Liu Xiang, Mr. Lin Zhiwei
Nomination Committee: Mr. Chen Jinglin (Chairman), Ms. Liu Rongxin, Mr. Liu Xiang
The term of office for the above committee members and chairmen is three years, commencing from the date of approval of the First Meeting of the Seventh Board of Directors until the expiration of the term of the Seventh Board of Directors.
III. Appointment of Senior Management Personnel, Head of Audit and Supervision Department, and Securities Affairs Representative
Manager (General Manager): Mr. Sun Tong
Deputy Managers (Deputy General Managers): Mr. Shi Xiaodong, Mr. Yao Jun, Ms. Song Jing