301298SZSE

Announcement on the Purchase of Directors and Officers Liability Insurance

Dongli Machinery Co., Ltd.·March 31, 2026

✨ AI Summary

Baoding Dongli Machinery Manufacturing Co., Ltd. announced the purchase of Directors and Officers Liability Insurance to enhance risk management and protect its directors and senior management. The insurance coverage will not exceed RMB 30 million, with a premium of up to RMB 150,000 for a duration of 12 months. The board seeks shareholder approval for the necessary authorizations to facilitate this purchase.

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Full Translation

AI Translation· azure_openai

Securities Code: 301298

Securities Abbreviation: Dongli Machinery

Announcement Number: 2026-015

I. Board Meeting Situation

Baoding Dongli Machinery Manufacturing Co., Ltd. (hereinafter referred to as "the Company") held the 19th meeting of the 4th Board of Directors on March 30, 2026, to review the proposal on the purchase of Directors and Officers Liability Insurance (hereinafter referred to as "D&O Insurance"). This initiative aims to further improve the Company's risk management system, promote the full exercise of authority and responsibilities by the Company's directors and senior management, and reduce governance and operational risks. In accordance with the "Guidelines for the Governance of Listed Companies" and other relevant regulations, the Company intends to purchase D&O Insurance for the Company and all its directors, senior management, and other relevant responsible personnel. The relevant details are announced as follows:

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