Zhonghuan Xichuang Co., Ltd. (hereinafter referred to as "the Company") or "Zhonghuan Xichuang" held the 29th meeting of the 5th Board of Directors (hereinafter referred to as "the Meeting") on March 27, 2026, at 9:30 AM. The meeting was presided over by Mr. Zhang Xiansheng, and 8 directors attended, with company management and relevant personnel also present.
The Meeting discussed and approved the following resolutions:
1. Approved the "2025 Annual Work Report of the Company"
The Company stipulated that the "2025 Annual Work Report of Zhonghuan Xichuang Co., Ltd." is true, accurate, and complete, without any false records, misleading statements, or major omissions.
Vote results: 8 votes in favor, 0 votes against, 0 abstentions.
2. Approved the "2025 Annual Board Work Report"
The board recognized the importance of the board's work and proposed to strengthen the company's governance and information disclosure.
3. Approved the "2025 Annual Financial Report"
The Company stipulated that the "2025 Annual Financial Report of Zhonghuan Xichuang Co., Ltd." reflects the financial status and cash flow of the Company as of December 31, 2025.
4. Approved the "2025 Annual Report and Summary"
The Company based its report on the actual situation and stipulated that there are no false records or major omissions.
5. Approved the "2025 Annual Profit Distribution Plan"
The Company will distribute profits based on its long-term development forecast, considering the overall economic performance.
6. Approved the "2026 Mid-term Red Packet Plan"
The Company will grant a 15% dividend to shareholders.
7. Approved the "2025 Annual Internal Control Self-assessment Report"
The Company will conduct an internal control self-assessment.
8. Approved the "2025 Annual Fundraising and Usage Report"
The Company will report on the fundraising and usage of funds.
6. Approved the "Proposal on the Implementation of the 2026 Interim Red Packet System for the Board of Directors"
To standardize the red packet distribution process, the Company proposes to implement a red packet system for the board of directors in accordance with legal regulations and the Company’s articles of association. The red packet amount shall not exceed 15% of the total annual salary of the board members. Specific details are outlined in the announcement titled "Interim Red Packet System for the Board of Directors in 2026" (Announcement No.: 2026-025). This proposal is submitted for the approval of the shareholders' meeting.