Group 1 - The company held its 21st meeting of the fourth board of directors on February 3, 2026, with all 9 directors present, and the meeting was conducted in accordance with legal and regulatory requirements [2][4]. - The board approved the revision of the "Insider Information Management System" [3]. - The board also approved the establishment of the "Director and Senior Management Compensation Management System," which will require further approval from the shareholders' meeting [5][7]. Group 2 - The board reviewed and confirmed the compensation for directors and senior management for 2025 and proposed a compensation plan for 2026, which will be submitted to the shareholders' meeting for approval [8][13]. - The compensation plan for 2026 includes a fixed salary and performance-based pay for directors and senior management, with performance pay constituting at least 50% of the total compensation [14][17]. - Independent directors will receive an annual allowance of 180,000 yuan, while non-independent directors' salaries will be based on their roles and responsibilities [16][17].

Core Viewpoint - The company held its second extraordinary general meeting of shareholders in 2025, where several key resolutions were passed, including the application for a comprehensive credit limit and the provision of guarantees for subsidiaries [1][3][30]. Meeting Details - The meeting was announced on October 30, 2025, and took place on November 17, 2025, at 14:30 in Xiamen [3][4]. - A total of 171 shareholders and authorized representatives attended, representing 248,580,560 shares, approximately 39.87% of the total shares [7][8]. Voting Results - The following resolutions were approved with significant support: - **Comprehensive Credit Limit for 2026**: 99.60% in favor [10][26]. - **Guarantee for Subsidiaries for 2026**: 99.59% in favor [10][27]. - **Foreign Exchange Hedging Plan for 2026**: 99.64% in favor [11][28]. - **Compensation Management System for Directors and Senior Management**: 99.58% in favor [12][29]. Legal Compliance - The meeting's procedures, including the qualifications of attendees and the voting process, were verified by legal counsel and found to be in compliance with relevant laws and regulations [14][30].

Core Points - The company implements a remuneration system for its directors and senior management to reflect their contributions and responsibilities in decision-making [1] - The remuneration management follows principles of fairness, objective evaluation, and transparency [2] - Adjustments to remuneration are based on the company's operational development and organizational changes [2] - Directors and senior management receive a salary based on their positions, with taxes withheld by the company [2] - The company covers travel expenses for directors attending meetings and other necessary costs [3] - The remuneration does not include stock incentive plans or bonuses [3] - The company considers industry salary levels, regional salary levels, inflation, and its operational status when determining remuneration [4] - Violations of laws or company regulations by directors or senior management may lead to penalties, including salary deductions or termination [5][6] - The remuneration system is subject to approval by the shareholders' meeting and the board of directors [2][6] - The system becomes effective upon approval by the shareholders' meeting [6]