I. Meeting Information
The 12th meeting of the 4th Board of Directors of Hanzhou Heshun Technology Co., Ltd. (hereinafter referred to as "the Company") was held on March 30, 2026, in the 11th-floor conference room at the Company headquarters, combining in-person and communication methods. The meeting notice was delivered to all directors via instant messaging, email, and phone on March 20, 2026. A total of 7 directors were required to attend, and all 7 participated in the voting. The meeting was chaired by Mr. Fan Heqiang, the Chairman of the Board, with senior management present. The convening and procedures of the meeting complied with the relevant provisions of the Company Law of the People's Republic of China and other laws, regulations, normative documents, and the Company's Articles of Association, making the resolutions legal and valid.
II. Review of Meeting Resolutions
After voting on each item, the attending directors reviewed and approved the following matters:
(1) Proposal on the 2025 Board Work Report
The Board of Directors strictly adhered to relevant laws, regulations, and the Company's rules in 2025, fulfilling legal obligations and implementing resolutions from the shareholders' meeting, enhancing corporate governance and operational capabilities. All directors acted diligently to ensure the Company's sustainable and stable development. Independent directors Xu Hanbiao, You Minwei, and Bao Lina submitted their independent director work reports, which will be presented at the 2025 annual shareholders' meeting. The Board prepared a special opinion on the independence of independent directors based on their self-assessment forms.
Voting Result: 7 votes in favor, 0 abstentions, 0 against. This proposal will be submitted for review at the 2025 annual shareholders' meeting. For details, see the Company's disclosure on the same day on the Giant Tide Information Network regarding the "2025 Board Work Report."
(2) Proposal on the 2025 General Manager Work Report
General Manager Mr. Fan Heqiang presented the "2025 General Manager Work Report," which objectively and truthfully reflected the Company's implementation of the Board and shareholders' resolutions and operational management results for 2025.
Voting Result: 7 votes in favor, 0 abstentions, 0 against.
(3) Proposal on the 2025 Annual Report and Summary
The Company prepared the "2025 Annual Report" and "2025 Annual Report Summary" in accordance with relevant laws, administrative regulations, the Articles of Association, and the China Securities Regulatory Commission's requirements, fully and accurately reflecting the Company's operational status for 2025.
Voting Result: 7 votes in favor, 0 abstentions, 0 against. This proposal will be submitted for review at the 2025 annual shareholders' meeting. This proposal was approved by the 8th meeting of the Audit Committee of the 4th Board of Directors. For details, see the Company's disclosure on the same day regarding the "2025 Annual Report" (Announcement No.: 2026-005) and "2025 Annual Report Summary" (Announcement No.: 2026-006).
(4) Proposal on the 2025 Internal Control Self-Evaluation Report
The Company evaluated the effectiveness of internal controls as of December 31, 2025, based on the "Basic Norms for Enterprise Internal Control" and its supporting guidelines, and prepared the "2025 Internal Control Self-Evaluation Report." The Board believes that the Company has maintained effective internal controls over financial reporting in all significant aspects and found no major defects in non-financial reporting internal controls.
Voting Result: 7 votes in favor, 0 abstentions, 0 against. This proposal was approved by the 8th meeting of the Audit Committee of the 4th Board of Directors. The sponsor, Dongxing Securities, issued a consent verification opinion. For details, see the Company's disclosure on the same day regarding the "2025 Internal Control Self-Evaluation Report."