301381SZSE

Announcement of Resolutions from the Ninth Meeting of the Fourth Board of Directors

Sailvan Times Co., Ltd.··3 pages

✨ AI Summary

The announcement details the resolutions passed during the ninth meeting of the fourth board of directors of Saiwei Times Technology Co., Ltd. Key decisions include adjustments to the grant price of the 2024 restricted stock incentive plan and the cancellation of unvested shares for certain employees. The board also approved a joint investment by a wholly-owned subsidiary in a related party, with a total investment of 40 million yuan.

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Full Translation

AI Translation· azure_openai

I. Meeting Details

The ninth meeting of the fourth board of directors of Saiwei Times Technology Co., Ltd. (hereinafter referred to as "the Company") was held on June 4, 2026, in the company meeting room, combining on-site and remote voting. The meeting notice was sent to all directors via email on June 1, 2026, and all directors confirmed receipt. The meeting was chaired by Mr. Chen Wenping, the chairman of the board, with 9 directors required to attend and 9 directors actually present (including directors Mr. Chen Wenping, Mr. Chen Wenhui, Mr. Wang Zhiwei, Mr. Zhang Zhenzhi, and Ms. Li Li attending via remote means). All senior management of the company attended the meeting. The meeting complied with the relevant provisions of the Company Law of the People's Republic of China (hereinafter referred to as "the Company Law"), the Articles of Association of Saiwei Times Technology Co., Ltd. (hereinafter referred to as "the Articles of Association"), and the Rules of Procedure for Board Meetings of Saiwei Times Technology Co., Ltd.

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