Securities Code: 301319
Securities Abbreviation: Weitem
Announcement No.: 2026-040
Shenzhen Weitem New Materials Co., Ltd.
Announcement on the Resolutions of the 12th Meeting of the 6th Board of Directors
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions.
I. Convening of the Board Meeting
The 12th meeting of the 6th Board of Directors of Shenzhen Weitem New Materials Co., Ltd. (hereinafter referred to as the "Company") (hereinafter referred to as the "Meeting") was held on August 4, 2026, through a combination of on-site and teleconference methods.
In accordance with the relevant provisions of the "Articles of Association" and the "Rules of Procedure for Board Meetings," and with the unanimous consent of all directors, the notice period for this board meeting was waived. A total of 6 directors were eligible to attend, and 6 directors actually attended. The meeting was presided over by Chairman Mr. Liao Gaobing, and senior management personnel were in attendance. The convocation, convening procedures, and voting methods of this meeting comply with the relevant provisions of the "Company Law of the People's Republic of China" and other laws, regulations, and normative documents, as well as the "Articles of Association of Shenzhen Weitem New Materials Co., Ltd." (hereinafter referred to as the "Articles of Association"). The meeting was legal and valid. After careful deliberation by all directors, the meeting formed the following resolutions:
II. Deliberation of the Board Meeting
After careful deliberation, full discussion, and prudent voting by the attending directors, the meeting deliberated and passed the following proposals:
- Deliberation and Approval of the Proposal on the "Proposal on the 2026 Stock Option and Restricted Stock Incentive Plan (Draft) and its Summary of Shenzhen Weitem New Materials Co., Ltd."
To further establish and improve the Company's long-term incentive mechanism, attract and retain outstanding talents, and fully mobilize the enthusiasm of directors, senior management personnel, middle and senior management personnel, and other personnel whom the Board deems worthy of incentives, and to effectively align shareholder interests, company interests, and the interests of operators, it is agreed that the Company will formulate the "Proposal on the 2026 Stock Option and Restricted Stock Incentive Plan (Draft) and its Summary" in accordance with relevant laws and regulations and the Company's actual situation.
This proposal has been reviewed by the Company's Board Compensation and Assessment Committee.
Voting Results: 5 votes in favor, 0 votes against, 0 abstentions. Related director Zi Chunfang abstained from voting.
This proposal still needs to be submitted to the Company's general meeting of shareholders for deliberation. This is a special resolution matter that requires approval by two-thirds (inclusive) or more of the voting rights held by shareholders (including shareholder proxies) attending the general meeting of shareholders.