I. Meeting Information
The 28th meeting of the 2nd Board of Directors of Hangzhou Guangli Microelectronics Co., Ltd. (hereinafter referred to as "the Company") was held on April 22, 2026 (Wednesday) at the North Gaofeng Conference Room, 11th Floor, No. 1095 Chaoyong Road, Puyang Street, Binjiang District, Hangzhou, combining on-site and communication methods. The meeting notice was delivered to all directors via written, email, and other communication methods on April 12, 2026. All directors confirmed receipt of the meeting notice. A total of 7 directors were supposed to attend, and all 7 directors attended the meeting, with Shizheng, LUMEIJUN (Lu Meijun), Yang Huazhong, Zhu Chafen, and Wu Zhenhua attending via communication. The meeting was chaired by Mr. Zheng Yongjun, the chairman, and senior management attended the meeting. The convening and holding of this meeting complied with relevant laws, administrative regulations, departmental rules, and the Company's Articles of Association, and the resolutions formed were legal and valid.
II. Meeting Resolutions
After deliberation and voting by the attending directors, the following resolutions were made:
(1) Approval of the General Manager's Work Report for 2025
The "General Manager's Work Report for 2025" provided a detailed and objective explanation of the Company's performance, product and technology development, business layout, strategic planning, team management and corporate culture construction, social responsibility, shortcomings, and challenges. It reviewed and summarized the work of 2025 in detail and projected and assessed the key work for 2026. Voting result: 7 votes in favor, 0 votes against, 0 abstentions.
(2) Approval of the Board of Directors' Work Report for 2025
The "Board of Directors' Work Report for 2025" provided a detailed and objective explanation of the Company's operational situation, strategic objectives, board work, key tasks, and work plans for the coming year. Independent directors Zhu Chafen, Yang Huazhong, and Liu Jun (who has resigned) submitted the "2025 Independent Directors' Work Report," which will be presented at the Company's 2025 annual shareholders' meeting. Specific content can be found in the Company's disclosure on the same day on the Giant Tide Information Network (http://www.cninfo.com.cn). Voting result: 7 votes in favor, 0 votes against, 0 abstentions. This proposal needs to be submitted to the shareholders' meeting for deliberation.
(3) Approval of the Annual Report for 2025 and its Summary
The board believes that the full text and summary of the Company's 2025 annual report accurately and completely reflect the actual operational situation of the Company for 2025, with no false records, misleading statements, or significant omissions. The report preparation and review procedures comply with relevant laws and administrative regulations and the requirements of the China Securities Regulatory Commission and Shenzhen Stock Exchange. Specific content can be found in the Company's disclosure on the same day on the Giant Tide Information Network (http://www.cninfo.com.cn). This proposal has been approved by the audit committee. Voting result: 7 votes in favor, 0 votes against, 0 abstentions. This proposal needs to be submitted to the shareholders' meeting for deliberation.
(4) Approval of the Profit Distribution Plan for 2025
The board believes that the profit distribution plan for 2025 aligns with the Company's development strategy and complies with the Company Law, the Guidelines for Cash Dividends of Listed Companies (2025 Revision), and other relevant laws, regulations, and normative documents. The board agreed to the profit distribution plan for 2025 and submitted the proposal to the Company's 2025 annual shareholders' meeting for deliberation. Specific content can be found in the Company's disclosure on the same day on the Giant Tide Information Network (http://www.cninfo.com.cn). Voting result: 7 votes in favor, 0 votes against, 0 abstentions. This proposal needs to be submitted to the shareholders' meeting for deliberation.