I. Meeting Information
Guangdong Feinan Resource Utilization Co., Ltd. (hereinafter referred to as the "Company") held the sixth meeting of its third board of directors on April 9, 2026, in the company meeting room, combining in-person and communication methods. The notice of the meeting was sent to all directors via email on March 28, 2026. A total of 9 directors were required to attend, and all 9 directors were present. The meeting was chaired by Mr. Sun Yanjun, the chairman, with senior management in attendance. The meeting complied with the relevant laws, regulations, and the Company’s Articles of Association.
II. Meeting Resolutions
(1) Approval of the 2025 Annual Report and Summary
The board believes that the 2025 annual report and its summary comply with laws and regulations, accurately reflecting the company's operational status for the year without false records or significant omissions. The voting result: 9 votes in favor, 0 against, 0 abstentions. This proposal requires submission to the shareholders' meeting. The audit committee of the board approved the financial report section of this proposal.
(2) Approval of the 2025 General Manager's Work Report
The board believes that the management team, represented by the general manager, effectively executed the board's resolutions in 2025, and the report objectively reflects the main work of the management team. The voting result: 9 votes in favor, 0 against, 0 abstentions.
(3) Approval of the 2025 Board of Directors' Work Report
Details can be found in the "2025 Board of Directors' Work Report" disclosed on the same day on the Giant Tide Information Network (http://www.cninfo.com.cn). Independent directors submitted their annual reports, which will be presented at the 2025 shareholders' meeting. The voting result: 9 votes in favor, 0 against, 0 abstentions. This proposal requires submission to the shareholders' meeting.
(4) Approval of the 2025 Profit Distribution Plan
The company plans to distribute a cash dividend of RMB 0.55 (tax included) for every 10 shares based on a total share capital of 561,952,003 shares, totaling RMB 30,907,360.17 (tax included). No bonus shares will be issued, and no capital reserve will be converted into share capital. The voting result: 9 votes in favor, 0 against, 0 abstentions. This proposal requires submission to the shareholders' meeting.