Securities Code: 300542 Securities Abbreviation: Newland Technology Announcement No.: 2026-023
Newland Technology Co., Ltd. Announcement on the Election of the Board of Directors
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or material omissions.
Given that the term of the 11th Board of Directors of Newland Technology Co., Ltd. (hereinafter referred to as the "Company") is about to expire, in accordance with the "Company Law of the People's Republic of China," the "Listing Rules of the Shenzhen Stock Exchange for GEM Companies," the "GEM Company Self-Regulation Guidelines No. 2 - Standardized Operation of GEM Companies," and other laws, regulations, normative documents, and the "Articles of Association," the Company is proceeding with the election of the Board of Directors according to the relevant legal procedures.
On June 9, 2026, the Company held the 32nd meeting of the 11th Board of Directors, which reviewed and approved the "Proposal on the Election of the 12th Board of Directors and the Election of Non-Independent Directors" and the "Proposal on the Election of the 12th Board of Directors and the Election of Independent Directors." The Board of Directors nominated Mr. Kang Lu, Mr. Zhang Yansheng, and Mr. He Yunsong as candidates for non-independent directors of the 12th Board of Directors; nominated Mr. Chen Bo, Ms. Long Chengfeng, and Mr. Jing Zhongbo as candidates for independent directors of the 12th Board of Directors. Their resumes are detailed in the appendix.
The qualifications of the above director candidates have been reviewed by the Nomination Committee of the Board of Directors. The number of directors who concurrently serve as senior management personnel of the Company or are appointed by employee representatives shall not exceed one-half of the total number of directors. Independent director candidates do not have a tenure of more than six years as independent directors of the Company, and the proportion of independent director candidates is not less than one-third of the total number of directors, which complies with the requirements of relevant laws and regulations. In addition, independent director candidates must be filed with the Shenzhen Stock Exchange and receive no objection before they can be submitted to the shareholders' meeting for review.
The above director candidates still need to be submitted for review at the Company's First Extraordinary General Meeting of Shareholders in 2026. After being reviewed and approved by the shareholders' meeting, the non-independent directors and independent directors, together with the employee representative directors elected by the Company's employee representatives, will form the 12th Board of Directors of the Company, with a term of three years from the date of approval by the shareholders' meeting.
To ensure the normal operation of the Board of Directors, before the new Board of Directors is established, the current directors will continue to perform their duties in accordance with laws, regulations, normative documents, and the "Articles of Association."
After the new Board of Directors takes office, Mr. He Ming, an independent director of the 11th Board of Directors, will no longer serve as an independent director of the Company and will not be employed by the Company. Mr. He Ming does not directly or indirectly hold shares in the Company and has no outstanding commitments that should have been fulfilled.
During his tenure as an independent director of the Company, Mr. He Ming diligently and conscientiously performed his duties independently and objectively, playing a positive role in the Company's standardized operation and stable development. The Board of Directors expresses its sincere gratitude to Mr. He Ming for his contributions to the Company and the Board during his tenure!