Core Points - Jiangsu Huachang Chemical Co., Ltd. held its 17th meeting of the 7th Board of Directors on July 7, 2025, via telecommunication, with all nine directors present, confirming the meeting's legality and effectiveness [1] - The board approved the election of non-independent directors and nominated five candidates for the 8th Board of Directors, with a term of three years starting from the shareholders' meeting approval [1][2] - The board also approved the election of independent directors, nominating three candidates, subject to Shenzhen Stock Exchange's review and shareholders' meeting approval [2] - Multiple amendments to internal regulations and rules were approved, including revisions to the Board Meeting Rules, Shareholders Meeting Rules, and various committee implementation details, all requiring shareholder approval [3][4] Board Resolutions - The board unanimously approved the election of non-independent directors with a vote of 9 in favor, 0 against, and 0 abstentions [1] - The board unanimously approved the election of independent directors with the same voting results [2] - The board approved amendments to the Board Meeting Rules, Shareholders Meeting Rules, and other internal regulations, all with unanimous support [3][4] Upcoming Actions - The proposed resolutions, including the election of directors and amendments to internal rules, will be submitted for shareholder approval through a cumulative voting system [2][3] - A notice for the 2025 first extraordinary shareholders' meeting was also approved, with details to be disclosed in relevant financial news outlets [4]

Core Points - The company held its 48th meeting of the 5th Board of Directors on June 11, 2025, to discuss the election of the 6th Board of Directors and other related matters [1][2] - The meeting approved the nomination of candidates for both non-independent and independent directors for the 6th Board [2][3] - The term for the 6th Board of Directors will be three years, starting from the date of approval by the shareholders' meeting [2][3] Summary by Categories Board of Directors Election - The company nominated Li Yuezhong, Zong Tao, Li Yao, Yu Yang, and Huang Xinggang as candidates for non-independent directors of the 6th Board [1][2] - The independent director candidates nominated are Dai Xiaohu, Gao Yunbin, and Zhu Kongyang, all of whom have obtained independent director qualification certificates [2][3] Compensation and Governance - The board proposed a compensation plan for the 6th Board of Directors based on the company's operational performance and comparable industry standards [3] - All directors recused themselves from voting on the compensation proposal, which will be submitted to the shareholders' meeting for approval [3] Amendments to Company Regulations - The company proposed amendments to its Articles of Association, Rules of Shareholders' Meetings, Rules of Board Meetings, and various management systems, including external guarantees and investments [4][5][6][7] - These amendments are in accordance with the Company Law and relevant regulations and will be submitted for shareholder approval [4][5][6][7] Shareholder Return Plan - The company developed a shareholder return plan for the next three years (2025-2027) to enhance transparency and operational feasibility in profit distribution [7][8] Upcoming Shareholder Meeting - The company plans to hold the second extraordinary shareholders' meeting of 2025 on July 1, 2025, to vote on the election of the 6th Board of Directors and the amendments to the company regulations [8]

Group 1 - The company held its 34th meeting of the second board of directors on June 6, 2025, via communication voting, with all 9 directors participating [1] - The board approved the election of non-independent director candidates for the third board, including Li Xing, Li Zihao, Cheng Song, Xu Jian, and Lin Howard Zhihao, with a term of three years starting from the approval date by the shareholders' meeting [1][2] - The board also approved the election of independent director candidates, including Wu Yuguang, Song Pingping, and Wang Ying, with terms varying from three years to a maximum of six years depending on the candidate [2][3] Group 2 - The board approved several amendments to the company's articles of association and various internal regulations, all requiring shareholder meeting approval [4][5] - The board agreed to renew the accounting firm for the year 2025, pending approval from the shareholders' meeting [5][6] - The company plans to hold its first temporary shareholders' meeting of 2025 on June 23, 2025, at 15:00 [6][7]

Group 1 - The company will hold its 2024 Annual General Meeting (AGM) on June 24, 2025, at 14:30 [3][53] - The meeting will be convened by the company's board of directors and is compliant with relevant laws and regulations [2][30] - Shareholders can participate in the meeting either in person or through online voting [4][53] Group 2 - The record date for shareholders to attend the AGM is June 18, 2025 [5] - The agenda includes the review of the 2024 Annual Report and the proposal for the remuneration of directors and senior management [7][10] - Independent directors will present their reports during the AGM, although these reports will not be subject to voting [8][10] Group 3 - The company will provide a platform for online voting through the Shenzhen Stock Exchange systems [4][16] - Voting will be available on June 24, 2025, with specific time slots for both online and in-person voting [3][21] - Shareholders must register for the meeting by providing necessary identification and documentation [11][14]