Stock Code: 301419 Stock Abbreviation: Araid Announcement No.: 2026-034
Shanghai Araid Industrial Group Co., Ltd. Announcement on Resignation of Independent Director, Election of Independent Director, and Adjustment of Members of the Board's Special Committees
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and have no false records, misleading statements, or major omissions.
I. Regarding the Resignation of Independent Director
The Board of Directors of Shanghai Araid Industrial Group Co., Ltd. (hereinafter referred to as the "Company") recently received the written resignation report from Independent Director Mr. Wang Jinshan. Due to personal reasons, Mr. Wang Jinshan has applied to resign from his positions as Independent Director, Chairman of the Remuneration and Appraisal Committee, member of the Strategy and Sustainable Development Committee, and member of the Nomination Committee of the Fourth Board of Directors. He will not hold any positions in the Company after his resignation.
Mr. Wang Jinshan's term was originally scheduled to end on December 17, 2028. As of the date of this announcement, Mr. Wang Jinshan does not hold any shares in the Company and has no outstanding commitments to fulfill.
Due to Mr. Wang Jinshan's departure, the number of independent directors will be less than one-third of the total number of directors. In accordance with the "Company Law," "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 2 - Norms for the Operation of Listed Companies on the ChiNext Market," "Measures for Independent Directors of Listed Companies," and the "Articles of Association," among other laws, regulations, and rules, Mr. Wang Jinshan will continue to perform his duties as an independent director and member of the relevant special committees of the Board until a new independent director is elected by the shareholders' meeting. His resignation will take effect after the shareholders' meeting elects a new independent director.
Since serving as an independent director and Chairman of the Remuneration and Appraisal Committee, member of the Strategy and Sustainable Development Committee, and member of the Nomination Committee of the Company, Mr. Wang Jinshan has diligently performed his duties and acted responsibly. The Board of Directors expresses its sincere gratitude for Mr. Wang Jinshan's contributions to the Company's operational development and standardized governance during his tenure!
II. Election of Independent Director