Hubei Jiuzhiyang Infrared System Co., Ltd. Announcement of Resolutions of the 13th Meeting of the Fifth Board of Directors
The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
I. Convening of the Board Meeting
The 13th meeting of the Fifth Board of Directors of Hubei Jiuzhiyang Infrared System Co., Ltd. (hereinafter referred to as the "Company") was convened on March 25, 2026, at 9:00 AM in the company's conference room through on-site voting. The meeting notice was sent on March 14, 2026, via personal delivery, email, and other methods.
Nine directors were eligible to attend, and nine directors were present. The meeting was chaired by Li Haibo, Chairman of the Company. All senior management personnel of the Company attended the meeting as non-voting attendees. The convocation, convening, and voting procedures of this meeting comply with the relevant regulations of the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), laws, regulations, and the "Articles of Association of Hubei Jiuzhiyang Infrared System Co., Ltd." (hereinafter referred to as the "Articles of Association"). The meeting procedures and resolutions are legal and valid.
II. Deliberation of the Board Meeting
The following proposals were deliberated and approved by a show of hands vote:
- Proposal on the 2025 Annual Work Report of the Board of Directors
The Company's "2025 Annual Work Report" was deliberated and approved. Independent directors submitted their "2025 Annual Performance Reports" to the Board of Directors and will present them at the 2025 Annual Shareholders' Meeting. The full text of the Company's "2025 Annual Work Report" and the "Independent Directors' 2025 Annual Performance Reports" can be found on the CNINFO website (http://www.cninfo.com.cn). Voting results: 9 votes in favor, 0 against, 0 abstentions. This proposal needs to be submitted to the Company's 2025 Annual Shareholders' Meeting for deliberation.
- Proposal on the 2025 Performance Evaluation Results of the Management Team, with the Related Director Hong Pu recusing himself from voting
After deliberation, the Board of Directors agreed with the 2025 performance evaluation results of the Company's management team, considering that the evaluation results are consistent with the Company's operating performance and individual performance, and agreed to apply the assessment results to the realization of remuneration for the management team members. The Independent Directors' Special Meeting and the Board's Remuneration and Assessment Committee reviewed this proposal and agreed to submit it to the Board of Directors for deliberation. Voting results: 8 votes in favor, 0 against, 0 abstentions.
- Proposal on the 2025 Total Payroll Budget Execution Report
After deliberation, the Board of Directors agreed with the Company's "2025 Total Payroll Budget Execution Report," believing that the report meets the requirements of relevant policies and regulations, is combined with the Company's actual situation, and helps to further standardize the management of total payroll. The Company's Remuneration and Assessment Committee reviewed this proposal and agreed to submit it to the Board of Directors for deliberation. Voting results: 9 votes in favor, 0 against, 0 abstentions.
- Proposal on the 2026 Total Payroll Budget Plan
After deliberation, the Board of Directors believes that the Company's "2026 Total Payroll Budget Plan" complies with relevant income distribution policies, takes into account the Company's actual operations and development needs, and approves this plan. The Company's Remuneration and Assessment Committee reviewed this proposal and agreed to submit it to the Board of Directors for deliberation. Voting results: 9 votes in favor, 0 against, 0 abstentions.
- Proposal on the 2025 General Manager's Work Report