Announcement on the Appointment of Senior Management Personnel
Hangzhou Tianyuan Pet Products Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
On February 27, 2026, the Company held the 16th meeting of the 4th Board of Directors, which reviewed and approved the "Proposal on the Appointment of Senior Management Personnel." The relevant details are announced as follows:
1. Appointment of Senior Management Personnel
According to Article 147 of the Articles of Association of Hangzhou Tianyuan Pet Products Co., Ltd. (hereinafter referred to as "the Articles of Association"), the President serves a term of three years and may be reappointed. On February 27, 2026, the 16th meeting of the 4th Board of Directors approved the proposal to continue appointing Mr. Xue Yuanchao as the President of the Company for a term of three years; it also approved the reappointment of Mr. Jiang Lingbing, Ms. Yu Xiaochun, and Mr. Zhang Zhongping as Vice Presidents, with Mr. Zhang Zhongping appointed as the Chief Financial Officer for a term of one year. Mr. Xue Yuanchao, the controlling shareholder and actual controller of the Company, will concurrently serve as the Chairman and President.
The Company has clarified in the Articles of Association that the actual controller and controlling shareholder must ensure the integrity of the Company's assets, independence of personnel, financial independence, institutional independence, and operational independence, and must not influence the Company's independence in any way. Additionally, the Company has reasonably defined the boundaries of authority between the Board of Directors and the President through internal systems such as the Articles of Association, Rules of Procedure for Board Meetings, and Detailed Rules for the President's Work, ensuring clear responsibilities and orderly operations. Furthermore, the Company has established the "Management Measures for Preventing Fund Occupation by Controlling Shareholders and Related Parties" to effectively prevent fund occupation behaviors by controlling shareholders, actual controllers, and related parties.
In summary, the relevant arrangements are reasonable and comply with the governance requirements for listed companies. The appointed senior management personnel have passed the qualification review by the Nomination Committee of the 4th Board of Directors and the appointment of the Chief Financial Officer has been approved by the Audit Committee of the 4th Board of Directors. The number of directors concurrently serving as senior management personnel and those serving as employee representatives does not exceed half of the total number of directors, which complies with relevant laws and regulations. The aforementioned personnel possess professional ethics, corresponding professional competence, and work experience suitable for their positions, and their qualifications comply with the relevant provisions of the Company Law of the People's Republic of China, the Shenzhen Stock Exchange GEM Listing Rules, the Self-Regulatory Guidelines for Listed Companies on the Shenzhen Stock Exchange No. 2 - Standardized Operations of GEM Listed Companies, and the Articles of Association. The resumes of the above personnel are attached.