Announcement of Resolutions of the 20th Meeting of the 2nd Board of Directors
Hunan YN New Energy Battery Materials 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.
I. Meeting Information
The 20th meeting of the 2nd Board of Directors of Hunan YN New Energy Battery Materials Co., Ltd. was held on April 21, 2026, in the conference room on the second floor of the Company, combining on-site and remote voting. The meeting notice was sent out on April 10, 2026, via phone, WeChat, and other means. A total of 9 directors were supposed to attend, and all 9 directors were present, with Mr. Lu Yihao, Mr. Long Shaofei, Mr. Zhao Huaqiu, and Ms. Wang Yongmei attending via remote voting. The meeting was chaired by Mr. Tan Xinqiao, and some senior management personnel attended the meeting. The meeting complied with the provisions of the Company Law of the People's Republic of China and the Articles of Association.
II. Meeting Resolutions
After deliberation and voting by the directors, the following resolutions were passed:
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Approval of the 2025 Annual Report and Summary
Specific content can be found in the "2025 Annual Report" and "2025 Annual Report Summary" published on the same day on the Giant Tide Information Network.
Voting results: 9 votes in favor, 0 votes against, 0 abstentions. This proposal has been reviewed and approved by the Board of Directors' Audit Committee and is subject to shareholder meeting approval. -
Approval of the 2025 Board of Directors Work Report
Specific content can be found in the "Section 3 Management Discussion and Analysis" and "Section 4 Corporate Governance, Environment, and Society" of the "2025 Annual Report" published on the same day on the Giant Tide Information Network.
Voting results: 9 votes in favor, 0 votes against, 0 abstentions. This proposal is subject to shareholder meeting approval. -
Approval of the 2025 General Manager Work Report
Voting results: 9 votes in favor, 0 votes against, 0 abstentions. -
Approval of the 2025 Profit Distribution Plan
The profit distribution plan for 2025 is to distribute 3.56 RMB (including tax) for every 10 shares based on the current total share capital of 843,340,214 shares, totaling 300,229,116.18 RMB (including tax). After this distribution, the remaining undistributed profits will be carried forward to future years, with no bonus shares issued this year. If there are changes in the total share capital from the date of disclosure to the record date for the distribution, the total cash dividend will be adjusted accordingly based on the future total share capital on the record date. Specific content can be found in the announcement regarding the 2025 profit distribution plan published on the same day on the Giant Tide Information Network.
Voting results: 9 votes in favor, 0 votes against, 0 abstentions. This proposal is subject to shareholder meeting approval. -
Approval of the 2025 Internal Control Evaluation Report
Specific content can be found in the "2025 Internal Control Evaluation Report" published on the same day on the Giant Tide Information Network.
Voting results: 9 votes in favor, 0 votes against, 0 abstentions. This proposal has been reviewed and approved by the Board of Directors' Audit Committee, and the sponsor has issued verification opinions. -
Approval of the 2025 Sustainable Development Report
Specific content can be found in the "2025 Sustainable Development Report" published on the same day on the Giant Tide Information Network.
Voting results: 9 votes in favor, 0 votes against, 0 abstentions.