Sichuan Guanshang Technology Co., Ltd. (hereinafter referred to as "the Company") held its second extraordinary shareholders' meeting on June 8, 2026, to review and approve the relevant proposals for the election of the board of directors, resulting in the election of 4 non-independent directors and 3 independent directors, forming the fifth board of directors. To ensure the smooth operation of the board, the first meeting of the fifth board was held on the same day, combining on-site and communication methods, to elect the chairman of the board and members of various specialized committees, as well as to appoint the new senior management and securities affairs representative. The relevant matters are announced as follows:
I. Composition of the Fifth Board of Directors
(1) Members of the Fifth Board of Directors
The fifth board of directors consists of 7 directors, including 4 non-independent directors and 3 independent directors (one of whom is an accounting professional). The term of office for the directors is three years from the date of the resolution passed at the Company's second extraordinary shareholders' meeting in 2026. Independent director Mr. Liu Guangqiang has served as an independent director since April 6, 2022, and according to the "Management Measures for Independent Directors of Listed Companies," his term will end on April 5, 2028. The specific members are as follows:
The Company and all members of the board guarantee that the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
| Non-independent Directors | Independent Directors |
|---|---|
| Wei Qiang (Chairman) | Liu Guangqiang |
| Yi Mingquan | Shen Keyi |
| Wang Lijie | Tang Siyuan |
| Wang Jun |
The proportion of independent directors on the fifth board is not less than one-third of the total number of directors, and the number of directors who also serve as senior management does not exceed half of the total number of directors.
(2) Composition of Specialized Committees of the Fifth Board
In accordance with the "Corporate Governance Guidelines for Listed Companies" and the Company's "Rules of Procedure for Board Meetings," the fifth board of directors has established four specialized committees: the Strategy Committee, Audit Committee, Nomination Committee, and Compensation and Assessment Committee. The members of each specialized committee are as follows:
- Strategy Committee: Wei Qiang (Convener), Wang Jun, Shen Keyi;
- Audit Committee: Liu Guangqiang (Convener), Tang Siyuan, Wang Jun;
- Nomination Committee: Tang Siyuan (Convener), Liu Guangqiang, Wei Qiang;
- Compensation and Assessment Committee: Shen Keyi (Convener), Wei Qiang, Liu Guangqiang.
The term of the members of the above specialized committees is three years, consistent with the term of the fifth board of directors, with Mr. Liu Guangqiang's term ending on April 5, 2028.
II. Appointment of Senior Management and Other Personnel
General Manager: Wei Qiang;
Deputy General Managers: Yi Mingquan, Wang Lijie, Chen Jing, Qi Guangcong, Yi Jinhe;
Chief Financial Officer: Wang Lijie;
Board Secretary: Yi Jinhe;
Securities Affairs Representative: Qin Dao.
The above personnel do not fall under the circumstances specified in Article 178 of the Company Law; they have not been subject to market entry bans by the China Securities Regulatory Commission; they have not been publicly recognized by the stock exchange as unsuitable to serve as directors and senior management of listed companies; they have not received administrative penalties from the China Securities Regulatory Commission in the past three years; they have not been publicly reprimanded by the stock exchange or received more than three notices of criticism in the past three years; and they are not currently under investigation by judicial authorities for suspected crimes or by the China Securities Regulatory Commission for suspected violations.