Securities Code: 300196 Bond Code: 123091 Securities Abbreviation: Changhai Shares Bond Abbreviation: Changhai Convertible Bond Announcement No.: 2026-011
Jiangsu Changhai Composite Materials Co., Ltd. Announcement of Resolutions of the Fourth Meeting of the Sixth Board of Directors
The Company and the entire Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from false records, misleading statements, or major omissions.
Jiangsu Changhai Composite Materials Co., Ltd. (hereinafter referred to as the "Company") sent the "Notice of the Fourth Meeting of the Sixth Board of Directors of Jiangsu Changhai Composite Materials Co., Ltd." via email and other communication methods to all directors and senior management on March 21, 2026. The fourth meeting of the sixth Board of Directors of the Company was held in the conference room on the second floor of the Company's office building on April 2, 2026. Nine directors were expected to attend, and nine directors were present. The meeting was presided over by Chairman Mr. Yang Guowen. Senior management personnel attended the meeting. The convening of the meeting complied with the provisions of the "Company Law" and the "Articles of Association."
The directors present reviewed and approved the following proposals by voting:
I. Review and Approval of the "2025 Annual Report and its Summary" The full text of the "2025 Annual Report" and the "2025 Annual Report Summary" can be found in the announcement published by the Company on the designated information disclosure website "Cninfo.com.cn". Voting results: 9 votes in favor, 0 votes against, 0 abstentions. This proposal has been reviewed and approved by the Company's Board Audit Committee. This proposal needs to be submitted to the Company's 2025 Annual General Meeting for review.
II. Review and Approval of the "2025 Board of Directors Work Report" The full text of the "2025 Board of Directors Work Report" can be found in the announcement published by the Company on the designated information disclosure website "Cninfo.com.cn". The independent directors of the sixth Board of Directors, Mr. Gan Weirong, Mr. Guo Xin, and Mr. Chen Wenhua, submitted their "2025 Independent Director Performance Reports" to the Board of Directors, and they will present their reports at the Company's 2025 Annual General Meeting. Voting results: 9 votes in favor, 0 votes against, 0 abstentions.
This proposal needs to be submitted to the Company's 2025 Annual General Meeting for review.
III. Review and Approval of the "2025 General Manager Work Report" Voting results: 9 votes in favor, 0 votes against, 0 abstentions.
IV. Review and Approval of the "2025 Financial Report" During the reporting period, the Company achieved operating revenue of 313,883.21 million yuan, an increase of 47,704.08 million yuan over the same period last year, a year-on-year increase of 17.92%. Operating profit was 36,180.49 million yuan, a year-on-year increase of 17.72%; total profit was 35,853.61 million yuan, a year-on-year increase of 17.52%; net profit attributable to the parent company was 32,643.94 million yuan, a year-on-year increase of 18.80%; net profit after deducting non-recurring gains and losses attributable to the parent company was 32,129.52 million yuan, a year-on-year increase of 31.05%. The Company's finance department formulated the "2025 Financial Report". Voting results: 9 votes in favor, 0 votes against, 0 abstentions. This proposal has been reviewed and approved by the Company's Board Audit Committee. This proposal needs to be submitted to the Company's 2025 Annual General Meeting for review.