1. Board Meeting Situation
The first meeting of the third board of directors of Yili Chuaning Biotechnology Co., Ltd. (hereinafter referred to as "the Company") was held on April 22, 2026, at 10:00 AM in the company meeting room, using a combination of on-site and communication voting methods. The meeting was convened with the unanimous consent of all directors to waive the notice period requirement, and the meeting notice was sent out via email and phone on April 20, 2026. A total of 9 directors were supposed to attend, and all 9 directors were present. The meeting was chaired by Mr. Liu Gexin, and the senior management personnel proposed for appointment attended the meeting. The convening and holding of this meeting complied with the relevant provisions of the Company Law of the People's Republic of China (hereinafter referred to as "the Company Law") and other relevant laws, administrative regulations, departmental rules, normative documents, and the Company's Articles of Association, and the resolutions made at the meeting are legal and valid.
2. Board Meeting Review
After careful review by the attending directors, the following resolutions were passed by written ballot voting:
(1) Election of Members of the Company's Third Board of Directors' Special Committees
With 9 votes in favor, 0 votes against, and 0 abstentions, the proposal on the election of members of the Company's third board of directors' special committees was approved. To improve the corporate governance structure, based on the Company Law, the Guidelines for the Governance of Listed Companies, the Articles of Association, and the relevant provisions of the meeting rules of the board's special committees, and after reasonable analysis and judgment of the qualifications and work nature of the personnel composition of each special committee, the board elected the following directors as members of the Company's third board of directors' special committees:
- Strategic and ESG Committee: Mr. Liu Gexin (Chairman), Mr. Liu Sichuan, Mr. Deng Xuheng.
- Nomination Committee: Mr. Zang Heqing (Chairman, Independent Director), Ms. Zhang Tengwen (Independent Director, Accounting Professional), Mr. Feng Hao.
- Audit Committee: Ms. Zhang Tengwen (Chairman, Independent Director, Accounting Professional), Mr. Zang Heqing (Independent Director), Mr. Lai Degui.
- Compensation and Assessment Committee: Ms. Sun Hui (Chairman, Independent Director), Mr. Zang Heqing (Independent Director), Mr. Li Yihang. The term of office for the members of each special committee is consistent with that of the third board of directors.
(2) Election of the Company's Board Chairman
With 9 votes in favor, 0 votes against, and 0 abstentions, the proposal on the election of Mr. Liu Gexin as the chairman of the Company's third board of directors was approved. According to the relevant provisions of the Articles of Association, all directors unanimously agreed to elect Mr. Liu Gexin as the chairman for a term of three years, consistent with the term of the third board of directors (Mr. Liu Gexin's resume is detailed in the attachment/Resume 1). This proposal has been reviewed and approved by the first meeting of the Company's third Nomination Committee.
(3) Appointment of the Company's General Manager
With 9 votes in favor, 0 votes against, and 0 abstentions, the proposal on the appointment of Mr. Deng Xuheng as the general manager of the Company was approved. According to the Company Law, the Securities Law, and other relevant laws and regulations, and the Articles of Association, Mr. Deng Xuheng was nominated by the chairman and appointed for a term of three years, consistent with the term of the third board of directors (Mr. Deng Xuheng's resume is detailed in the attachment/Resume 2). This proposal has been reviewed and approved by the first meeting of the Company's third Nomination Committee.