Stock Code: 300163
Stock Abbreviation: Fengsheng New Materials
Announcement No.: 2026-030
Ningbo Fengsheng New Materials Co., Ltd.
Announcement on the Election of the Board of Directors
The Company and all members of the Board of Directors guarantee the information disclosed is true, accurate, and complete, and free from false records, misleading statements, or material omissions.
Ningbo Fengsheng New Materials Co., Ltd. (hereinafter referred to as the "Company") has reached the end of its term for the sixth Board of Directors. The Company has decided to conduct a re-election of the Board of Directors. In accordance with the "Company Law of the People's Republic of China" and the "Articles of Association" of the Company, the Company is carrying out the work of re-electing the Board of Directors.
The Company held the 22nd meeting of the sixth Board of Directors at 3:00 PM on July 1, 2026 (Wednesday) in the Company's conference room, and deliberated and approved the "Proposal on the Re-election of the Board of Directors and Nomination of Candidates for Non-Independent Directors of the Seventh Board of Directors" and the "Proposal on the Re-election of the Board of Directors and Nomination of Candidates for Independent Directors of the Seventh Board of Directors". The relevant matters are hereby announced as follows:
The seventh Board of Directors of the Company will be composed of 5 directors, including 3 non-independent directors and 2 independent directors. The term of office shall be three years from the date of approval by the Company's shareholders' meeting.
The Board of Directors agrees to nominate Mr. Zhao Jiangning, Mr. Lang Yiding, and Ms. Ye Linling as candidates for non-independent directors of the seventh Board of Directors, and agrees to nominate Mr. Zhou Shixing and Mr. Fang Jianxin as candidates for independent directors of the seventh Board of Directors, of which Mr. Fang Jianxin is a professional accountant.
The Nomination Committee of the Board of Directors has reviewed the qualifications of the proposed directors and agreed to submit them to the Board of Directors for deliberation. This re-election matter still needs to be submitted to the Company's shareholders' meeting for deliberation. The election of non-independent director candidates and independent director candidates will be voted on separately using the cumulative voting system. The candidates for independent directors need to be reviewed and approved by the Shenzhen Stock Exchange before being submitted to the Company's shareholders' meeting for deliberation.
The number of directors among the above director candidates who concurrently hold senior management positions shall not exceed one-half of the total number of directors of the Company, and the number of independent directors shall not be less than one-third of the members of the Board of Directors, which complies with relevant laws and regulations.
To ensure the normal operation of the Board of Directors, the directors of the sixth Board of Directors will continue to perform their duties until the new Board of Directors is established.
Hereby announced.
Appendix 1: "Resumes of Candidates for Non-Independent Directors of the Seventh Board of Directors"
Appendix 2: "Resumes of Candidates for Independent Directors of the Seventh Board of Directors"
Ningbo Fengsheng New Materials Co., Ltd. Board of Directors
July 1, 2026