Resolution of the Board of Directors on the Company's Issuance and Listing
I. Convening of the Meeting
The sixth meeting of the second session of the Board of Directors of Zhejiang XinXing Tools Co., Ltd. (hereinafter referred to as the "Company") was held at the Company's premises on May 16, 2025. Seven directors attended the meeting, and supervisors and senior management personnel were present. The convening of this meeting complied with the provisions of the Company Law and relevant laws and regulations.
II. Review of Proposals
After deliberation by the Board of Directors, the following resolutions were ultimately passed by a registered voting method:
(I) Resolution on the Company's Application for Initial Public Offering (A Shares) and Listing on the ChiNext Market:
1.1 Resolution on the Type and Number of Shares to be Issued
Voting results: 7 votes in favor, 0 votes against, 0 abstentions.
This proposal needs to be submitted to the 2024 Annual Shareholders' Meeting for deliberation.
1.2 Resolution on the Issuance Recipients
1.3 Resolution on the Issuance Price and Pricing Method
1.4 Resolution on the Issuance Method and Underwriting Method
1.5 Resolution on the Listing Venue
1.6 Resolution on the Validity Period of the Issuance and Listing Resolution
(II) Resolution on the Company's Initial Public Offering and Use of Raised Funds Investment Projects
(III) Resolution on Authorizing the Board of Directors to Handle Specific Matters Related to the Company's Stock Issuance and Listing