Dongguan Goldsun Grinding Co., Ltd.
Announcement on Resolutions of the 12th Meeting of the Fifth 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 false records, misleading statements, or major omissions.
I. Convening of the Board Meeting
The 12th meeting of the Fifth Board of Directors of Dongguan Goldsun Grinding Co., Ltd. (hereinafter referred to as the "Company") was convened and presided over by Mr. Yang Lu, Chairman of the Board. All directors agreed to waive the requirement for advance notice of the meeting. The meeting notice was delivered to all directors in writing on July 27, 2026, and the meeting was held on July 29, 2026, in a combination of on-site and written voting, at the Company's headquarters meeting room on the fourth floor. Nine directors were required to attend, and nine directors were present. Senior management personnel of the Company attended the meeting. The notice, convening, and voting procedures of this meeting comply with the "Company Law of the People's Republic of China" and other laws and regulations, as well as the "Articles of Association of Dongguan Goldsun Grinding Co., Ltd.", and are legal and valid.
II. Deliberation of the Board Meeting
- Deliberation and Approval of the "Proposal on the 2026 Restricted Stock Incentive Plan (Draft) and its Summary"
To further improve the Company's long-term incentive mechanism, attract and motivate outstanding talents, fully mobilize the enthusiasm of senior management, core technical and business personnel, and fully protect shareholder interests, effectively align the interests of shareholders, the Company, and employees, and enable all parties to jointly focus on the Company's long-term development, the Board of Directors agrees with the Company's "2026 Restricted Stock Incentive Plan (Draft)" and its summary formulated by the Remuneration and Appraisal Committee of the Board of Directors, and intends to grant restricted stocks to the incentive recipients.
The incentive recipients of this incentive plan include directors Yang Wei, Fang Hong, and Du Changbo. Therefore, Yang Wei, Fang Hong, and Du Changbo, as related directors, abstained from voting.
Voting results: 6 votes in favor; 0 votes against; 0 abstentions; 3 abstentions due to related party status.
This proposal has been deliberated and approved by the Remuneration and Appraisal Committee of the Board of Directors.
This proposal still needs to be submitted to the Company's shareholders' meeting for deliberation.
For details, please refer to the announcement published on the website designated by the China Securities Regulatory Commission.
- Deliberation and Approval of the "Proposal on the Implementation and Assessment Management Measures for the Company's 2026 Restricted Stock Incentive Plan"
To ensure the smooth implementation of the Company's 2026 Restricted Stock Incentive Plan and the achievement of the Company's development strategy and business objectives, the Board of Directors agrees to formulate the Company's "2026 Restricted Stock Incentive Plan Implementation and Assessment Management Measures" in accordance with relevant laws and regulations, the provisions of the Company's "2026 Restricted Stock Incentive Plan (Draft)", and the Company's actual situation.