Baolei Announces Key Resolutions from 115th Annual Shareholders' Meeting

1. Date of Annual Shareholders' Meeting: 115/06/26 2. Important Resolution One, Profit Distribution or Loss Carryforward: Approved the profit distribution plan for fiscal year 114. 3. Important Resolution Two, Articles of Incorporation Amendment: None. 4. Important Resolution Three, Business Report and Financial Statements: Approved the business report and financial statements for fiscal year 114. 5. Important Resolution Four, Election of Directors and Supervisors: Elected the 19th board of directors. 6. Important Resolution Five, Other Matters: (1) Revision of the 'Procedures for Acquiring or Disposing of Assets': Approved. (2) Proposal to authorize signing of construction contracts with related parties: Approved. (3) Proposal to lift non-compete restrictions for newly appointed directors and their representatives: Approved. 7. Other Matters to be Disclosed: None.