Hai Guang Enterprise Co., Ltd. Board of Directors Election

Hai Guang Enterprise Co., Ltd. held its annual shareholders' meeting on June 25, 2024, and conducted a full-scale election of its board of directors, including corporate directors, independent directors, and natural person directors. The appointment of new directors and independent directors, along with their shareholdings, was also announced.

The titles and names of the former directors and independent directors were also announced, along with their backgrounds and changes. The appointment of new directors and independent directors was based on a full-scale election due to the expiration of their terms and was properly announced.

The shareholdings of the new directors and independent directors are as follows: Huang Weihan holds 2,030,952 shares, Wu Yongci holds 1,899,261 shares, Huang Canming holds 13,712,514 shares, Chen Shicheng holds 44,279,502 shares, Hong Guoyu holds 44,279,502 shares, Li Musheng holds 44,279,502 shares, Chen Bozhong, Guo Shixian, Huang Mingong, and Zhang Shuigui hold 0 shares.

The previous term was from June 20, 2021, to June 19, 2024, and the new term begins on June 25, 2024. The turnover rate of directors, independent directors, and supervisors for the same term does not apply. Additionally, there is no change in more than one-third of the directors.

There are no other important matters to note.