Securities Code: 301203
Securities Abbreviation: Guotai Environmental Protection
Announcement No.: 2026-038
Hangzhou Guotai Environmental Protection Technology Co., Ltd.
Announcement on the Election of Chairman, Members of the Board's Special Committees, 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 are free from any false records, misleading statements, or material omissions.
Hangzhou Guotai Environmental Protection Technology Co., Ltd. (hereinafter referred to as the "Company") held its 2026 Second Extraordinary General Meeting on June 17, 2026. Five non-independent directors and three independent directors for the fifth Board of Directors were elected. Together with one employee representative director elected by the Company's Staff Representative Meeting, they form the fifth Board of Directors.
The Company's Board of Directors has successfully completed the election process for the new term. On the same day, the Company held the First Meeting of the fifth Board of Directors, which reviewed and approved proposals including the election of the Company's Chairman, the establishment of the special committees of the fifth Board of Directors and their members, and the appointment of the Company's senior management. The relevant matters are hereby announced as follows:
I. Election of the Chairman of the Fifth Board of Directors
The First Meeting of the fifth Board of Directors reviewed and approved the election of Mr. Chen Baixiao as the Chairman of the fifth Board of Directors and the director responsible for executing the Company's affairs. His term of office is the same as the term of the current Board of Directors.
Mr. Chen Baixiao's resume is detailed in the "Announcement on the Election of the Board of Directors" (Announcement No.: 2026-029) disclosed on the Juchao Information Network.
II. Election of Members of the Special Committees of the Fifth Board of Directors
The fifth Board of Directors has established an Audit Committee, a Nomination Committee, a Remuneration and Appraisal Committee, and a Strategy Committee. The term of office for each special committee is the same as the term of the fifth Board of Directors. The composition of each special committee is as follows:
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Audit Committee: Shen Lin Hua (Chairman), Jiang Xian Pin, Chen Bai Xiao;
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Nomination Committee: Ying Jing (Chairman), Shen Lin Hua, Chen Bai Xiao;
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Remuneration and Appraisal Committee: Shen Lin Hua (Chairman), Ying Jing, Chen Bai Xiao;
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Strategy Committee: Chen Bai Xiao (Chairman), Xia Yu Kun, Ying Jing.
Among these, the Audit Committee, Nomination Committee, and Remuneration and Appraisal Committee have a majority of independent directors and are chaired by independent directors. Mr. Shen Lin Hua, convener of the Audit Committee, is a professional accountant. All members of the Audit Committee are directors who do not hold senior management positions in the Company, which complies with relevant regulations and the Articles of Association.
The term of office for members of the special committees of the fifth Board of Directors begins from the date of the Board's approval and ends on the expiration of the term of the fifth Board of Directors. If a member ceases to be a director during their term, they will automatically lose their qualification as a member of the special committee, and the successor director will automatically assume the position.
Resumes of the above personnel can be found in the "Announcement on the Election of the Board of Directors" (Announcement No.: 2026-029) disclosed on the Juchao Information Network.
III. Appointment of Senior Management