Hoshine Silicon Industry establishes management committee for 2025 employee stock plan

Hoshine Silicon Industry Co., Ltd. announced resolutions from the first meeting of holders of its 2025 employee stock ownership plan, held via telecommunication on December 9, 2025. All 88 eligible holders attended, representing 96,339,580 shares, or 100% of the plan's total outstanding shares.

Key resolutions included establishing a management committee for the plan and electing its members. The committee, comprising three members with one designated as chairman, will be responsible for the plan's daily management and supervision. Mr. Qu Longxue, Ms. Zhang Yacong, and Ms. Gao Junqiu were elected to the committee. Mr. Qu Longxue was subsequently appointed chairman.

The meeting also approved authorizing the management committee to handle various matters related to the plan. These include convening holder meetings, overseeing daily management, exercising shareholder rights (excluding voting rights), appointing professional service providers, executing agreements, managing equity disposal, allocating forfeited or recovered shares, distributing benefits, extending the plan's duration, registering and inheriting shares, and managing share reductions. All resolutions passed with 100% approval from attending holders.