Announcement of Resolutions from the 18th Meeting of the 5th Board of Directors

Wuyang Automation Co., Ltd.·June 4, 2026·3 pages

✨ AI Summary

The 18th meeting of the 5th Board of Directors of Jiangsu Wuyang Automatic Control Technology Co., Ltd. approved several key resolutions, including adjustments to the 2026 stock option incentive plan, the first grant of stock options to 120 participants, and a cash acquisition of 51% of Dongguan Kesi Yu Liquid Cooling Technology Co., Ltd. for 68.085 million yuan. The board also approved a bank loan application for up to 600 million yuan to finance this acquisition.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· azure_openai

Securities Code: 300420
Securities Abbreviation: Wuyang Automatic Control
Announcement Number: 2026-043

Announcement of Resolutions from the 18th Meeting of the 5th Board of Directors

Jiangsu Wuyang Automatic Control Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without false records, misleading statements, or significant omissions.

1. Meeting Information

The Company issued a notice to convene the 18th meeting of the 5th Board of Directors on May 29, 2026, via communication and email, and held the meeting on June 3, 2026, in the company meeting room, combining on-site and remote voting. There were 9 directors eligible to attend, and all 9 directors were present. The meeting complied with the relevant provisions of the Company Law of the People's Republic of China and the Articles of Association, and was legally valid. The meeting was chaired by Mr. Zhong Zhihui, the Chairman of the Board, with senior management present. After careful deliberation by the attending directors, the following resolutions were passed in accordance with relevant regulations:

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.