Shenzhen Bestek Technology Co., Ltd.
Announcement on the Completion of the Board of Directors Election and Appointment of Senior Management
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or material omissions.
Shenzhen Bestek Technology Co., Ltd. (hereinafter referred to as the "Company") held its First Extraordinary General Meeting of Shareholders in 2026 on July 15, 2026, electing the non-independent directors and independent directors of the fourth Board of Directors. Together with the employee representative director elected at the Second Employee Representative Congress of 2026 held on July 8, 2026, they formed the fourth Board of Directors of the Company.
Following the election of the Board of Directors at the General Meeting of Shareholders, the Company held the First Meeting of the Fourth Board of Directors on the same day, deliberating and approving the proposals for the election of the Chairman, the members of the specialized committees of the fourth Board of Directors, the appointment of senior management personnel, and the General Manager acting as the Chief Financial Officer. The relevant situation is hereby announced as follows:
I. Composition of the Fourth Board of Directors of the Company
-
Non-independent Directors: Mr. Xiao Ping (Chairman), Ms. Li Qingwen, Mr. Wang Wenyu
-
Employee Representative Director: Mr. Zhou Chuang
-
Independent Directors: Mr. Chen Wenhua, Mr. Zhu Dongyuan, Mr. Fang Nanping
The fourth Board of Directors of the Company is composed of 7 members, with a term of office of three years from the date of deliberation and approval at the First Extraordinary General Meeting of Shareholders of 2026. The number of directors concurrently serving as senior management personnel of the Company and directors appointed by employee representatives does not exceed one-half of the total number of directors of the Company. The number of independent directors accounts for no less than one-third of the total number of directors of the Company, and the number of independent directors concurrently serving as independent directors of domestic listed companies does not exceed three, which complies with relevant laws and regulations and the Articles of Association. The qualification and independence of the independent directors have been reviewed and approved by the Shenzhen Stock Exchange without objection.
II. Composition of the Specialized Committees of the Fourth Board of Directors of the Company
The Board of Directors has established four specialized committees: the Strategy Committee, the Audit Committee, the Nomination Committee, and the Remuneration and Assessment Committee. The composition of the members of each specialized committee is as follows:
| Specialized Committee | Chairman | Members |
|---|---|---|
| Strategy Committee | Mr. Xiao Ping | Mr. Chen Wenhua, Mr. Wang Wenyu |
| Audit Committee | Mr. Fang Nanping | Mr. Chen Wenhua, Mr. Zhou Chuang |
| Nomination Committee | Mr. Zhu Dongyuan | Mr. Fang Nanping, Mr. Xiao Ping |
| Remuneration and Assessment Committee | Mr. Chen Wenhua | Mr. Fang Nanping, Ms. Li Qingwen |
The term of office for the members of the above specialized committees of the Board of Directors is three years, from the date of the First Meeting of the Fourth Board of Directors to the expiration of the term of the fourth Board of Directors. The Audit Committee, Nomination Committee, and Remuneration and Assessment Committee are composed of more than half independent directors, and independent directors serve as the Chairman (Convenor). The Chairman of the Audit Committee, Mr. Fang Nanping, is a professional accountant, and all members of the Audit Committee are directors who do not hold senior management positions in the Company.