301300SZSE

Announcement of Resolutions from the 10th Meeting of the 4th Board of Directors

Yuanxiang New Materials Co., Ltd.··3 pages

✨ AI Summary

The 10th meeting of the 4th Board of Directors of Fujian Yuanxiang New Materials Co., Ltd. was held on June 2, 2026. The board approved adjustments to the 2023 restricted stock incentive plan, lowering the grant price from 12.61 yuan to 12.21 yuan per share. Additionally, it confirmed the achievement of vesting conditions for the third vesting period, allowing 508,000 shares to be vested for 36 eligible participants.

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Full Translation

AI Translation· azure_openai

I. Meeting Information

The 10th meeting of the 4th Board of Directors of Fujian Yuanxiang New Materials Co., Ltd. (hereinafter referred to as "the Company") was held on June 2, 2026 (Tuesday) at the conference room on the second floor of the Company located at No. 1 Long'an Road, Economic Development Zone, Shaowu City, Fujian Province, combining on-site and communication methods. The meeting notice was delivered to all directors via written, email, and other communication methods on May 28, 2026. A total of 9 directors were supposed to attend, and all 9 directors were present, including Wang Chenghui, Zheng Yurun, Ge Xiaoping, Liang Liping, and Dong Xuezhhi attending via communication. Senior management of the Company attended the meeting as well. The meeting was convened and presided over by Chairman Wang Chenghui. The convening and holding of this meeting complied with relevant laws, administrative regulations, departmental rules, and the Company's Articles of Association, and the resolutions formed are legal and valid.

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