Announcement of Resolutions of the 19th Meeting of the 3rd Board of Directors
Kanglong Chemical (Beijing) Co., Ltd. (hereinafter referred to as "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 19th meeting of the 3rd Board of Directors of Kanglong Chemical (Beijing) Co., Ltd. was held on March 30, 2026, via telecommunication. The meeting notice and materials were sent to all directors by email on March 16, 2026. There were 9 directors required to attend, and all 9 directors were present. The meeting was chaired by Dr. Boliang Lou, and some senior management personnel attended the meeting. The convening and holding of this meeting complied with the relevant laws, administrative regulations, departmental rules, normative documents, and the Articles of Association of Kanglong Chemical (Beijing) Co., Ltd.
II. Meeting Resolutions
The attending directors reviewed and approved the following proposals by a show of hands:
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Proposal on the 2025 Annual Work Report
The specific content can be found in the "2025 Annual Work Report" disclosed on the same day on the Giant Tide Information Network (http://www.cninfo.com.cn).
Voting results: 9 votes in favor, 0 votes against, 0 abstentions. This proposal needs to be submitted to the shareholders' meeting for review. -
Proposal on the 2025 Annual General Manager Work Report
Dr. Boliang Lou, CEO, submitted the "2025 Annual General Manager Work Report," summarizing the company's overall work and performance in 2025 and outlining plans for 2026. The board believes the report objectively reflects the company's operational activities.
Voting results: 9 votes in favor, 0 votes against, 0 abstentions. -
Proposal on the 2025 Profit Distribution Plan and 2026 Mid-term Dividend Plan
The profit distribution plan for 2025 is as follows: a cash dividend of 2 RMB (including tax) per 10 shares, based on the total share capital of 1,830,020,328 shares after deducting the company's repurchased H shares (7,263,300 shares), with an expected total cash dividend of 366,004,065.60 RMB (including tax). The board is authorized to determine the mid-term dividend for 2026 based on various factors.
Voting results: 9 votes in favor, 0 votes against, 0 abstentions. This proposal needs to be submitted to the shareholders' meeting for review.