The company and all members of the board of directors guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
Hangzhou Wensli Silk Culture Co., Ltd. (hereinafter referred to as "the Company") held the 2025 Annual General Meeting of Shareholders in the company conference room on May 28, 2026, to review and approve relevant proposals for the election of the board of directors. On the same day, the first meeting of the fourth board of directors and the employee representative assembly was held, where proposals for the election of the chairman, election of the vice chairman, appointment of senior management, and election of employee representative directors were reviewed and approved. The company has completed the election of the board of directors, and the specific situation is announced as follows:
I. Fourth Board of Directors and Senior Management
(1) Members of the Fourth Board of Directors
The composition of the fourth board of directors is as follows:
- Non-independent directors: Li Jianhua (Chairman), Tu Hongyan (Vice Chairman), Du Haijiang, Yu Zhiwei, Ma Tingfang
- Employee representative director: Shen Hua
- Independent directors: Jin Ying, Zheng Meilian, Shou Yongyi
The fourth board of directors consists of 9 directors, with a term of three years starting from the date of approval by the company's 2025 Annual General Meeting of Shareholders. The number of directors who also serve as senior management does not exceed half of the total number of directors, and the proportion of independent directors is not less than one-third of the total number of directors, in compliance with relevant regulations. The qualifications of the three independent directors were filed with the Shenzhen Stock Exchange before the company's 2025 Annual General Meeting without objection.
(2) Members of the Special Committees of the Fourth Board of Directors
The board of directors has established four special committees: the Strategy Committee, Audit Committee, Nomination Committee, and Compensation and Assessment Committee. After deliberation by the attending directors, the following members were elected to the special committees of the fourth board of directors, with terms from the date of approval at the first meeting of the fourth board until the expiration of the fourth board's term:
| Committee | Members |
|---|---|
| Strategy Committee | Li Jianhua (Convener), Jin Ying, Shou Yongyi |
| Nomination Committee | Shou Yongyi (Convener), Jin Ying, Tu Hongyan |
| Compensation Committee | Jin Ying (Convener), Zheng Meilian, Li Jianhua |
| Audit Committee | Zheng Meilian (Convener), Shou Yongyi, Du Haijiang |
In the above special committees, the Audit Committee, Nomination Committee, and Compensation and Assessment Committee have a majority of independent directors serving as conveners; all members of the Audit Committee are directors who do not serve as senior management of the company, with independent director Zheng Meilian, a professional accountant, serving as convener. The members of the special committees comply with relevant laws, regulations, and the Articles of Association.
(3) Senior Management
The fourth board of directors has agreed to appoint the following individuals as senior management of the company:
- General Manager: Yu Zhiwei
- Deputy General Managers: Ma Tingfang, Teng Junkai, Shen Hua, Zhao Jing
- Chief Financial Officer: Han Qing
- Board Secretary: Ye Xiaojun