I. Meeting Information
On April 10, 2026, the 12th meeting of the 2nd Board of Directors of Zhonglun New Materials Co., Ltd. (hereinafter referred to as "the Company") was held in the company meeting room through both in-person and telecommunication means. The meeting notice was sent out on April 7, 2026, via phone or email. A total of 7 directors were supposed to attend, and all 7 directors were present. The meeting was chaired by Mr. Yang Qingjin, the Chairman, with some senior management personnel attending. The convening, holding, and voting procedures of this meeting complied with the relevant provisions of the Company Law, Securities Law, and other laws and regulations, as well as the Company's Articles of Association, making the meeting legal and effective.
II. Review of Meeting Resolutions
- Proposal on Using Idle Raised Funds for Cash Management
After review, the Board agreed to use no more than RMB 70 million of temporarily idle raised funds to purchase safe and liquid principal-protected cash management products, provided that it does not affect the normal progress of fundraising projects and ensures the safety of the raised funds. The investment amount is valid for 12 months from the date of the Board's approval, and the amount can be rolled over within the validity period. This proposal was approved at the first meeting of the independent directors of the 2nd Board in 2026. The sponsor, CITIC Securities Co., Ltd. (hereinafter referred to as "CITIC Securities"), issued a non-objection verification opinion. For detailed content, please refer to the announcement disclosed on the same day on the Giant Tide Information Network (www.cninfo.com.cn).
Voting Results: 7 votes in favor, 0 votes against, 0 abstentions.