I. Board Meeting Details
- The board meeting was convened by Chairman Mr. Lu Yong, with notifications sent on March 9, 2026, via phone and email.
- The meeting took place on March 19, 2026, in the 10th-floor conference room of the company’s office, using a combination of on-site and remote voting.
- Five directors were supposed to attend, and all five were present: Mr. Lu Yong, Mr. Zhang Huadong, and Mr. Wu Peng participated in person, while Mr. Zhang Shanqian and Ms. Sun Hongxing participated remotely.
- The meeting was chaired by Mr. Lu Yong, with senior management in attendance.
- The convening, holding, and voting procedures of this board meeting complied with the Company Law of the People's Republic of China and relevant regulations.
II. Meeting Resolutions
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Approval of the 2025 Annual President's Work Report
The board carefully listened to Mr. Lu Yong's report and concluded that the management effectively executed the resolutions of the shareholders' meeting and board. The report objectively reflects the company's operational activities in 2025.
Voting results: 5 votes in favor, 0 against, 0 abstentions. The board guarantees the truthfulness, accuracy, and completeness of the disclosed information. -
Approval of the 2025 Annual Board Work Report
The board unanimously agreed that the report accurately reflects the board's work and execution of shareholder resolutions. Independent directors Ms. Sun Hongxing and Mr. Zhang Shanqian submitted their reports, which will be presented at the 2025 annual shareholders' meeting.
Voting results: 5 votes in favor, 0 against, 0 abstentions. This proposal will be submitted for shareholder approval.