Basic Information on the Meetings
- Shareholders' Meeting Sessions: 2025 Annual Shareholders' Meeting, 2026 First A Shareholders' Meeting, and 2026 First H Shareholders' Meeting.
- Convener of the Meetings: The company's Board of Directors.
- Legality and Compliance of the Meetings: The decision to convene the meetings was approved at the 23rd meeting of the 5th Board of Directors, complying with relevant laws, regulations, and the company's articles of association.
- Date and Time of the Meetings: The in-person meeting will be held on June 2, 2026 (Tuesday) at 10:00 AM. Online voting will be available on June 2, 2026, from 9:15 AM to 9:25 AM, 9:30 AM to 11:30 AM, and 1:00 PM to 3:00 PM.
- Method of Meeting: The shareholders' meeting will be conducted through a combination of in-person voting and online voting.
- (1) In-person voting: Shareholders may attend the meeting in person or authorize a representative to attend (see Attachments 2 and 3).
- (2) Online voting: The company will provide an online voting platform through the Shenzhen Stock Exchange trading system and internet voting system (http://wltp.cninfo.com.cn) during the specified voting times.
- (3) Each voting right can only be exercised through one method: in-person voting, trading system voting, or internet voting. Duplicate votes will be counted based on the first valid vote.
- Record Date for Shareholders: May 28, 2026 (Thursday).
- Attendees:
- (1) A Shareholders: All A shareholders registered with China Securities Depository and Clearing Corporation Limited Shenzhen Branch by 3:00 PM on May 28, 2026, have the right to attend the meeting and may authorize a representative to attend and vote.
- (2) H Shareholders: A separate notice will be published on the Hong Kong Stock Exchange website.
- (3) Company directors and senior management.
- (4) Company-appointed lawyers.
- (5) Other personnel required to attend according to relevant regulations.
- Venue for the In-Person Meeting: Meeting Room, 1st Floor, 508 Lujia Tan Street, Puyang Street, Binjiang District, Hangzhou.
Matters for Discussion at the Meeting
(1) Proposals for the 2025 Annual Shareholders' Meeting
| Proposal Code | Proposal Name | Remarks |
|---|---|---|
| 100 | General Proposal: All proposals except cumulative voting proposals | √ |
| 1.00 | Proposal on the Full Text of the 2025 Annual Report, Summary, and Performance Announcement | √ |
| 2.00 | Proposal on the 2025 Annual Board Work Report | √ |
| 3.00 | Proposal on the 2025 Annual Profit Distribution Plan | √ |
| 4.00 | Proposal on the 2025 Annual Financial Settlement Report | √ |
| 5.00 | Proposal on Appointing the Audit Firm for 2026 | √ |
| 6.00 | Proposal on Applying for Comprehensive Credit Facilities from Banks | √ |
| 7.00 | Proposal on the Remuneration of Directors and Senior Management | √ |
| 8.00 | Proposal on Formulating the "Remuneration Management System for Directors and Senior Management" | √ |
| 9.00 | Proposal on Amending the "Articles of Association" | √ |
| 10.00 | Proposal on Granting the Board General Authorization to Issue H Shares | √ |
| 11.00 | Proposal on Granting the Board General Authorization to Repurchase H Shares | √ |
| 12.00 | Cumulative Voting Proposal: Election of the 6th Board of Directors and Nomination of Candidates | |
| 12.01 | Election of Mr. Ye Xiaoping as Executive Director of the 6th Board | √ |
| 12.02 | Election of Ms. Cao Xiaochun as Executive Director of the 6th Board | √ |
| 12.03 | Election of Mr. Wen Zengyu as Executive Director of the 6th Board | √ |
| 13.00 | Election of Independent Non-Executive Directors (3 to be elected) | |
| 13.01 | Election of Ms. Liu Yuwen as Independent Non-Executive Director of the 6th Board | √ |
| 13.02 | Election of Mr. Yuan Huagang as Independent Non-Executive Director of the 6th Board | √ |
| 13.03 | Election of Mr. Xiao Yaoxi as Independent Non-Executive Director of the 6th Board | √ |