Hangzhou Heshun Technology Co., Ltd. (hereinafter referred to as "the Company") held its 12th meeting of the 4th Board of Directors on March 30, 2026, where it reviewed and approved the proposals for the revision of the Articles of Association and the establishment of the Compensation Management System for Directors and Senior Management. The specific details are as follows:
I. Revision of the Articles of Association
The Company held a shareholders' meeting on December 24, 2025, where the proposal for the revision of the Articles of Association was approved and disclosed. Recently, during the business registration process, adjustments were made to the relevant content of the Articles of Association based on the review opinions of the Zhejiang Provincial Market Supervision Administration. To ensure that the provisions of the Articles of Association are consistent with the requirements for business registration and to standardize corporate governance operations, the Articles of Association have been revised, and the disclosure obligations have been re-fulfilled according to relevant regulations. The specific revisions are as follows: