Shahe Industrial Co. Ltd. at its 1st Extraordinary General Meeting of 2023 on 15 August 2023, during which the following proposal(s) was/were approved: Election of non-independent directors, cumulative voting system applicable: Chen Yong, Hu Yueming, Yang Ling, Yan Zhongyu, Shi Xiaomei. Election of independent directors, cumulative voting system applicable: Zhang Jiahua, Hu Ningke.

Election of non-employee supervisors, cumulative voting system applicable: Li Jiangming, Xu Meifen.