Securities Code: 301600 Securities Abbreviation: Huihan Shares Announcement No.: 2026-016
Huihan Microelectronics Co., Ltd. Announcement on the Election of the Board of Directors
The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
The term of office of the fourth Board of Directors of Huihan Microelectronics Co., Ltd. (hereinafter referred to as the "Company" or "Huihan Shares") is about to expire. In accordance with the "Company Law," "Articles of Association," and other relevant regulations, the Board of Directors will proceed with the election of a new board according to legal procedures.
On April 28, 2026, the Company held the 20th meeting of the fourth Board of Directors, which reviewed and approved the "Proposal on the Election of the Board of Directors and Nomination of Non-Independent Director Candidates" and the "Proposal on the Election of the Board of Directors and Nomination of Independent Director Candidates." These proposals are subject to review and approval by the Company's shareholders' meeting and will be elected using the cumulative voting system. The relevant matters are hereby announced as follows:
I. Composition and Term of the Fifth Board of Directors
The fifth Board of Directors of the Company will be composed of 7 directors, including 4 non-independent directors (including 1 employee representative director elected by the employee representative assembly) and 3 independent directors. The term of office shall be three years from the date of approval by the Company's shareholders' meeting.
II. Information on Candidates for the Fifth Board of Directors
Upon nomination by the Company's Board of Directors and review by the Nomination Committee of the Board of Directors, the Board of Directors agreed to nominate Mr. Sui Ronghua, Mr. Lin Wei, and Mr. Chen Wei as candidates for non-independent directors of the fifth Board of Directors; and nominated Mr. Ye Guorui, Ms. Chen Shu, and Ms. Chen Jun as candidates for independent directors. The resumes of the above candidates are attached.
Among the independent director candidates, Ms. Chen Shu is a professional accountant. All three independent director candidates have obtained independent director qualification certificates. The qualifications and independence of the independent director candidates are subject to review and approval by the Shenzhen Stock Exchange. If no objection is raised, they will be submitted to the Company's shareholders' meeting for consideration.
The above director candidates, after being approved by the shareholders' meeting, will jointly form the fifth Board of Directors of the Company with the employee representative director elected by the employee representative assembly.
To ensure the normal operation of the Company's Board of Directors, all members of the fourth Board of Directors will continue to perform their duties as directors in accordance with the requirements of laws, regulations, normative documents, and the "Articles of Association" until the new board takes office.
III. Compliance Statement
The qualifications of the candidates for the fifth Board of Directors comply with the "Company Law of the People's Republic of China," the "Guiding Opinions on the Establishment of Independent Directors System of Listed Companies," the "Rules Governing the Listing of Stocks on the ChiNext Market of the Shenzhen Stock Exchange," and the "Shenzhen Stock Exchange Listed Company Self-Regulatory Management Guidelines No. 2 - Normative Operation of ChiNext Companies," as well as other laws, regulations, and the "Articles of Association." The proportion of independent directors is not less than one-third of the total board members. The number of proposed directors who concurrently serve as senior management personnel of the Company and the number of directors appointed as employee representatives do not exceed one-half of the total number of directors of the Company.