I. Meeting Information
The fifth meeting of the fourth board of directors of Suzhou Xianglou New Materials Co., Ltd. (hereinafter referred to as "the Company") was convened on April 22, 2026, following written and email notifications sent to all directors on April 10, 2026. The meeting was chaired by Mr. Qian Hesheng, the chairman. A total of 10 directors were supposed to attend, and all 10 were present, with some participating via communication methods. Several senior management personnel attended the meeting as well. The convening, holding, and voting procedures of this meeting complied with the relevant provisions of the Company Law, the Articles of Association, and the Rules of Procedure for Board Meetings of Suzhou Xianglou New Materials Co., Ltd., and were legal and valid.
II. Meeting Resolutions
After deliberation by the attending directors, the following resolutions were made:
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Approval of the General Manager's Work Report for 2025
The board reviewed the General Manager Mr. Tang Weiguo's report, which accurately reflects the management's implementation of board resolutions, production operations, and achievements for 2025.
Voting results: 10 votes in favor, 0 votes against, 0 abstentions. -
Approval of the Board of Directors' Work Report for 2025
The board found that the report accurately reflects the board's achievements in strategic planning, management, and governance for 2025.
Voting results: 10 votes in favor, 0 votes against, 0 abstentions. -
Approval of the Annual Report and Summary for 2025
The board deemed the annual report and summary to be true, accurate, and complete.
Voting results: 10 votes in favor, 0 votes against, 0 abstentions.