Yongan Forestry board approves executive performance assessments

Fujian Yongan Forestry Group Joint-Stock Co., Ltd. (the "Company") held its Tenth Board of Directors' Twenty-Third Meeting on November 17, 2025. The meeting, presided over by chairman Mr. Lü Jincheng, was conducted both physically and via telecommunication. All six directors were present, with Liu Lijie, Wang Tianjing, Lu Yuanchang, Peng Yafeng, and Zhang Weiyong attending remotely. The meeting's proceedings complied with all relevant laws, regulations, and the Company's Articles of Association.

During the meeting, the board unanimously passed two significant resolutions. Firstly, the "Proposal on the Responsibility Statement for Senior Management's Term Assessment Objectives" was approved with 6 votes in favor, 0 against, 0 abstentions, and 0 conflicted votes. Secondly, the "Proposal on the Responsibility Statement for Senior Management's 2025 Annual Assessment Objectives" also received unanimous approval, with 6 votes in favor, 0 against, 0 abstentions, and 0 conflicted votes.

These approvals underscore the Company's commitment to robust governance and performance accountability for its senior leadership. The official announcement, detailing these resolutions, was released on November 18, 2025.