Securities Code: 301469 Securities Abbreviation: Hengda New Material Announcement No.: 2026-028
Zhejiang Hengda New Material Co., Ltd.
Announcement of Resolutions from the 10th Meeting of the 4th Board of Directors
The Company and all members of the Board of Directors guarantee the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Convening of the Board Meeting
The 10th meeting of the 4th Board of Directors of Zhejiang Hengda New Material Co., Ltd. (hereinafter referred to as the "Company") was held on July 3, 2026, at 10:30 AM, in a hybrid format combining on-site and teleconference at the Company's meeting room.
The meeting notice was delivered in writing, by fax, email, SMS, and other methods on June 26, 2026. The Company has 9 directors, and 9 directors attended the meeting. The meeting was presided over by Chairman Pan Chang, and senior management personnel attended the meeting. The convening of this meeting complies with the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law") and the "Articles of Association of Zhejiang Hengda New Material Co., Ltd." (hereinafter referred to as the "Articles of Association").
II. Deliberation of Board Meeting Proposals
The following proposals were passed by a show of hands vote:
(I) Proposal on the Approval of the "Proposal on the 2026 Restricted Stock Incentive Plan (Draft) and its Summary"
Proposal Content:
To further improve the Company's long-term incentive and restraint mechanism, enhance the attraction and retention of outstanding talents, fully stimulate the enthusiasm and creativity of core employees, achieve a deep binding and win-win situation for the interests of shareholders, the Company, and core employees, promote all parties to jointly focus on and promote the Company's sustainable development, and ensure the smooth achievement of the Company's strategic planning and business objectives, while effectively protecting the legitimate rights and interests of shareholders, the Company, in accordance with the principle of equal reward for contribution, and based on the "Company Law," the "Securities Law of the People's Republic of China" (hereinafter referred to as the "Securities Law"), the "Administrative Measures for Equity Incentives of Listed Companies," the "Shenzhen Stock Exchange GEM Stock Listing Rules," and the "Shenzhen Stock Exchange GEM Listed Company Self-Regulatory Guidelines No. 1 - Business Operations," and other relevant laws, regulations, and normative documents, as well as the "Articles of Association," has formulated the "2026 Restricted Stock Incentive Plan (Draft) of Zhejiang Hengda New Material Co., Ltd." and its summary.
This proposal has been reviewed and approved by the Company's Compensation and Assessment Committee.
The full content can be found on the Juchao Information Network (www.cninfo.com.cn) on the same day, titled "2026 Restricted Stock Incentive Plan (Draft)" and "Summary of the 2026 Restricted Stock Incentive Plan (Draft)."
Voting Result: 9 votes in favor, 0 votes against, 0 abstentions.
This proposal needs to be submitted to the Company's first extraordinary general meeting in 2026 for consideration.