Securities code: Weihai Guangwei Composites Co.Ltd(300699) securities abbreviation: Weihai Guangwei Composites Co.Ltd(300699) Announcement No.: 2022040 Weihai Guangwei Composites Co.Ltd(300699)
Announcement of resolutions of the 11th meeting of the third board of directors
The company and all members of the board of directors guarantee that the information disclosed is true, accurate and complete without false records, misleading statements or major omissions.
1、 Meetings of the board of directors
The meeting of the 11th board of directors was held on the morning of September, 2025 (hereinafter referred to as "the meeting") by e-mail. There are 9 directors who should vote at this meeting, and 9 directors who actually vote. The meeting was presided over by Chairman Lu Zhaojun, and the company's supervisors and some senior managers attended the board of directors as nonvoting delegates. The convening, convening and voting procedures of this meeting comply with the company law of the people's Republic of China (hereinafter referred to as the "company law") and other laws and regulations, normative documents and the articles of association.
2、 Deliberations of the board meeting
After deliberation and written vote of the directors present at the meeting, the following resolutions were formed:
1. The proposal on adjusting the incentive plan for restricted stocks in 2022 was considered and adopted. In view of the fact that among the incentive objects first granted by the company's restricted stock incentive plan in 2022, one incentive object voluntarily gave up participating in the incentive plan for personal reasons, involving a total of 20000 restricted shares to be granted by the company. According to the above situation and the authorization of the company's 2021 annual general meeting of shareholders, the company has adjusted the list of incentive objects and the number of rights and interests granted for the first time in the incentive plan. After this adjustment, the total number of class II restricted shares granted was adjusted from 6.25 million shares to 6225000 shares, the number of incentive objects granted for the first time was adjusted from 138 to 137, and the number of class II restricted shares granted for the first time was adjusted from 5 million shares to 4.98 million shares, The number of class II restricted shares reserved for grant was adjusted from 1.25 million shares to 1.245 million shares (due to the reduction of the number of shares granted for the first time, the reserved part accounted for more than 20% of the total proportion of this incentive plan, so the number of reserved shares was adjusted synchronously).
In addition to the above adjustments, other contents of the incentive plan implemented this time are consistent with the incentive plan deliberated and approved by the company's 2021 annual general meeting of shareholders. The board of supervisors of the company verified the adjusted list of incentive objects, and the independent directors of the company expressed independent opinions.
See the details published on cninfo.com on May 20, 2022（ http://www.cn.info.com.cn. ）Announcement on adjusting the list of incentive objects and the number of rights and interests granted for the first time under the restricted stock incentive plan in 2022 (2022039).
Voting: 9 in favor, 0 against and 0 abstention.
2. The proposal on granting restricted shares to incentive objects for the first time was deliberated and adopted.
According to the relevant provisions of the measures for the administration of equity incentive of listed companies and the company's restricted stock incentive plan in 2022, the board of directors of the company considers that the grant conditions specified in the restricted stock incentive plan have been met. According to the authorization of the company's 2021 annual general meeting of shareholders, the board of directors of the company agrees that the company will take May 20, 2022 as the first grant date, 4.98 million class II restricted shares were granted to 137 incentive objects who met the grant conditions, with the grant price of 26.67 yuan / share.
See the details published on cninfo.com on May 20, 2022（ http://www.cn.info.com.cn. ）Announcement on granting restricted shares to the incentive objects of the restricted stock incentive plan in 2022 for the first time (2022042).
The independent directors of the company expressed their independent opinions on this matter.
Voting: 9 in favor, 0 against and 0 abstention.
3. The proposal on the establishment of wholly-owned subsidiaries by foreign investment of the company was deliberated and adopted.
See the details published on cninfo.com on May 20, 2022（ http://www.cn.info.com.cn. ）Announcement on the establishment of wholly-owned subsidiaries by foreign investment of the company (2022038).
The independent directors of the company expressed their independent opinions on this matter.
Voting: 9 in favor, 0 against and 0 abstention.
It is hereby announced.
Weihai Guangwei Composites Co.Ltd(300699) board of directors may 20, 2022
