Wuxi Xian Dao Intelligent Equipment Co., Ltd. (hereinafter referred to as "Xian Dao Intelligent" or "the Company") and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, without any false records, misleading statements, or major omissions.
I. Meeting Information
The notice for the 19th meeting of the 5th Board of Directors of Wuxi Xian Dao Intelligent Equipment Co., Ltd. was delivered on March 15, 2026, via personal delivery, email, and phone to all directors and senior management. The meeting was held on March 30, 2026, in the company’s conference room, convened and presided over by Mr. Wang Yanqing, the chairman of the board. A total of 7 directors were required to attend, and all 7 directors were present, with senior management attending as well. The convening, holding, and voting participation of the board meeting complied with the relevant provisions of the Company Law of the People's Republic of China and the Articles of Association of Wuxi Xian Dao Intelligent Equipment Co., Ltd.
II. Review of Meeting Resolutions
After careful review by the attending directors, the following proposals were approved:
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Approval of the 2025 Board Work Report
Independent directors Ms. Zhang Mingyan, Ms. Huang Siying, Mr. Dai Jianjun, and Mr. Guo Xiasheng (who has resigned) submitted their independent director work reports for 2025 to the board, which will be presented at the 2025 annual shareholders' meeting. The board evaluated the independence of the independent directors based on their self-assessment reports and issued special opinions. Detailed content can be found in the "2025 Board Work Report," "2025 Independent Director Work Reports," and "Special Opinions on the Evaluation of Independent Directors' Independence for 2025," published on the same day in designated media by the China Securities Regulatory Commission.
Voting Results: 7 votes in favor; 0 votes against; 0 abstentions. This proposal will be submitted for review at the 2025 annual shareholders' meeting. -
Approval of the 2025 General Manager Work Report
The board believes that the management closely followed the 2025 work plan established at the beginning of the year, implementing the strategic deployment and resolutions of the shareholders' meeting and the board, actively carrying out various tasks. The overall operational situation of the company is good.
Voting Results: 7 votes in favor; 0 votes against; 0 abstentions. -
Approval of the 2025 Annual Report and Summary
The board agreed to prepare the A-share 2025 annual report and summary in accordance with relevant laws and regulations in China and the Chinese Accounting Standards, as well as the H-share 2025 annual performance announcement and draft annual report in accordance with the Hong Kong Stock Exchange Listing Rules and International Financial Reporting Standards. The A-share 2025 annual report and summary, and the H-share 2025 annual performance announcement were published on the same day in designated media and on the Hong Kong Stock Exchange website. The company will disclose the H-share 2025 annual report by April 30, 2026, and the board authorized the chairman/board secretary/company secretary to adjust, improve, and disclose the annual report content as required by the Hong Kong Listing Rules and International Financial Reporting Standards. This proposal has been reviewed and approved by the company's audit committee.
Voting Results: 7 votes in favor; 0 votes against; 0 abstentions. This proposal will be submitted for review at the 2025 annual shareholders' meeting.