Zhejiang NHU employee stock plan holders approve key resolutions

Zhejiang NHU Company convened the first meeting of holders for its Fifth Employee Stock Ownership Plan on December 19, 2025. All 605 eligible holders participated, representing a 100% attendance and 522,300,000 shares, which constitutes 100% of the plan's total share count.

During the meeting, holders unanimously approved the "Management Measures for the Fifth Employee Stock Ownership Plan" and the "Assessment Plan for the Fifth Employee Stock Ownership Plan." Both resolutions saw 522,300,000 votes in favor, with no opposition or abstentions, demonstrating strong consensus among participants.

Furthermore, the meeting successfully elected Xi Chun, Cao Ying, Yu Weiguo, Liu Fanglu, and Zeng Shuying as members of the plan's management committee for the duration of the plan. The committee members confirmed they do not hold positions in the company's controlling shareholder or actual controller units, nor are they 5% shareholders, actual controllers, directors, supervisors, or senior management, ensuring independence. The proposal to authorize the management committee director to handle financing and borrowing matters also received unanimous approval.