Announcement on the Election of the Board of Directors of Yili Chuaning Biotechnology Co., Ltd.
Yili Chuaning Biotechnology Co., Ltd. (hereinafter referred to as "the Company") is approaching the end of the term for its second board of directors. According to the Company Law of the People's Republic of China, the Shenzhen Stock Exchange's listing rules, and the provisions of the Articles of Association of Yili Chuaning Biotechnology Co., Ltd. (hereinafter referred to as "the Articles of Association"), the Company held the 14th meeting of the second board of directors on March 27, 2026, where it reviewed and approved the proposals for the election of non-independent and independent directors for the third board of directors. These proposals will be submitted to the 2025 annual shareholders' meeting for consideration, and the election will be conducted using a cumulative voting system. The relevant matters are announced as follows:
1. Candidates for Non-Independent Directors of the Third Board of Directors
Based on nominations by the board of directors and approval by the nomination committee, the candidates for non-independent directors of the third board of directors are Mr. Liu Gexin, Mr. Liu Sichuan, Mr. Deng Xuheng, Mr. Feng Hao, and Mr. Lai Degui (detailed resumes of candidates are attached). These candidates will be submitted to the 2025 annual shareholders' meeting for election via cumulative voting. Upon election, they will serve as non-independent directors for a term of three years, starting from the date of approval by the shareholders' meeting.
2. Candidates for Independent Directors of the Third Board of Directors
Based on nominations by the board of directors and approval by the nomination committee, the candidates for independent directors of the third board of directors are Ms. Sun Hui, Ms. Zhang Tengwen, and Mr. Zang Heqing (detailed resumes of candidates are attached). Among these independent director candidates, Ms. Zhang Tengwen is a professional accountant, and both Ms. Sun Hui and Ms. Zhang Tengwen have obtained independent director qualification certificates. Mr. Zang Heqing has not yet obtained the independent director qualification certificate but has committed to actively participate in the latest independent director training organized by the Shenzhen Stock Exchange and to obtain the qualification certificate recognized by the Shenzhen Stock Exchange. The declarations of the independent director candidates and the nominators are detailed in the Company’s announcements. The Company and all members of the board guarantee that the information disclosed is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
According to relevant regulations, the independent director candidates must also be filed with the Shenzhen Stock Exchange for review without objection before they can be submitted to the 2025 annual shareholders' meeting for election via cumulative voting. Upon election, they will serve as independent directors for a term of three years, starting from the date of approval by the shareholders' meeting.