Resolution of the Third EGM of 2026

Ming Yang Smart Energy Group Ltd

23 October 2026

 

MING YANG SMART ENERGY GROUP LIMITED

(GDR under the symbol: "MYSE")

(a joint stock company established under the laws of the People's Republic of China with limited liability)

Announcement on Resolution of the Third Extraordinary General Meeting of 2026

Important notice:

• Whether any of the proposed resolutions at the meeting was objected: None

I. CONVENING AND ATTENDANCE OF THE MEETING

(I)   Date of the General Meeting: October 23, 2026

(II)  Venue of the General Meeting: the 501 conference room on the 5th floor of Ming Yang Smart Energy Group Limited (the "Company"), Ming Yang Industrial Park, No. 22, Torch Avenue, Zhongshan Torch High-tech Industrial Development Zone, Zhongshan City, Guangdong, People's Republic of China

(III) Ordinary shareholders and preference shareholders with restored voting rights who attended the meeting and their shareholdings:

1.  The number of shareholders attending in person or by proxy	1,571
2.  The total number of shares carrying voting rights held by shareholders attending the meeting (shares)	619,886,484
3.   The number of shares carrying voting rights held by shareholders attending the meeting as a percentage of the total number of shares of the Company carrying voting rights (%)	28.6962

The "Total number of voting shares of the company" as indicated in the above table excludes the number of shares in the Repurchase Securities Account of Ming Yang Smart Energy Group Limited without voting rights.

(IV) Whether the voting procedures were in compliance with the requirements under the Company Law of the People's Republic of China ("Company Law") and the articles of association of the Company ("Articles of Association"), the presiding of the meeting and other details.

The meeting was convened by the Board. Mr. Zhang Chuanwei, chairman of the Company, presided over the meeting. The meeting was held and voted by a combination of on-site voting and online voting. The convening and holding of the meeting complied with the provisions of the Company Law and the Articles of Association.

(V)  Attendance of the Directors of the Company and secretary to the Board

1、9 out of the 11 incumbent directors of the Company attended the meeting on-site or online. Director Mr. Zhang Rui and Director Ms. Zhang Chao were unable to attend the meeting due to other business arrangements;

2、Mr. Wang Chengkui, the secretary to the Board of the Company, attended the meeting; and other senior management of the Company, including Mr. Fang Meng (Chief Financial Officer), Mr. Liu Jianjun (Chief Risk Control Officer), Mr. Wang Dongdong (Vice President) and Ms. Yi Lingna (Vice President) attended the meeting.

II. RESOLUTIONS TO BE DELIBERATED AT THE MEETING

(I) Resolution by non-cumulative poll

1. Resolution on the Proposal on Changing the Purpose of and Canceling the Repurchased Shares

Result after consideration: approved

Voting results:

Class of shareholders	Affirmative		Dissenting		Abstaining
	Number of votes	Percentage (%)	Number of votes	Percentage (%)	Number of votes	Percentage (%)
A share	616,911,806	99.5201	2,622,078	0.4229	352,600	0.0570

2. Resolution on the Proposal on Changing the Company's Registered Capital

Result after consideration: approved

Voting results:

Class of shareholders	Affirmative		Dissenting		Abstaining
	Number of votes	Percentage (%)	Number of votes	Percentage (%)	Number of votes	Percentage (%)
A share	616,601,506	99.4700	2,695,378	0.4348	589,600	0.0952

3. Resolution on the Proposal on Amending the Articles of Association

Result after consideration: approved

Voting results:

Class of shareholders	Affirmative		Dissenting		Abstaining
	Number of votes	Percentage (%)	Number of votes	Percentage (%)	Number of votes	Percentage (%)
A share	596,122,059	96.1663	23,167,725	3.7374	596,700	0.0963

4. Resolution on the Estimated Amount of Letters of Guarantee to be Obtained by the Company for Subsidiaries

Result after consideration: approved

Voting results:

Class of shareholders	Affirmative		Dissenting		Abstaining
	Number of votes	Percentage (%)	Number of votes	Percentage (%)	Number of votes	Percentage (%)
A share	592,185,094	95.5312	26,827,312	4.3277	874,078	0.1411

(II) Resolution by cumulative poll

5. Resolution on Proposal on the Re-election of the Board and the Election of Candidates for Non-Independent Directors of the Fourth Board of the Company

Resolution No.	Resolutions	Number of votes	Percentage (%)	Election results
5.01	Regarding the election of Mr. Chuanwei Zhang as a non-independent director of the fourth Board of the Company	605,367,778	97.6578	Elected
5.02	Regarding the election of Mr. Rui Zhang as a non-independent director of the fourth Board of the Company	604,671,054	97.5454	Elected
5.03	Regarding the election of Ms. Chao Zhang as a non-independent director of the fourth Board of the Company	604,031,343	97.4422	Elected
5.04	Regarding the election of Mr. Yuanfeng Fan as a non-independent director of the fourth Board of the Company	604,244,042	97.4765	Elected
5.05	Regarding the election of Ms. Lingna Yi as a non-independent director of the fourth Board of the Company	604,100,990	97.4534	Elected
5.06	Regarding the election of Mr. Jinyuan Zhang as a non-independent director of the fourth Board of the Company	603,901,208	97.4212	Elected

6. Resolution on Proposal on the Re-election of the Board and the Election of Candidates for Non-Independent Directors of the Fourth Board of the Company

Resolution No.	Resolutions	Number of votes	Percentage (%)	Election results
6.01	Regarding the election of Mr. Tao Zhu as an independent director of the Fourth Session of the Board of Directors of the Company	605,045,164	97.6058	Elected
6.02	Regarding the election of Ms. Ying Liu as an independent director of the Fourth Session of the Board of Directors of the Company	604,314,108	97.4878	Elected
6.03	Regarding the election of Mr. Rongchang Wang as an independent director of the Fourth Session of the Board of Directors of the Company	604,229,148	97.4741	Elected
6.04	Regarding the election of Mr. Shaobin Shi as an independent director of the fourth Session of the Board of Directors of the Company	604,282,744	97.4828	Elected

(III) Voting results of shareholders with less than 5% share interest in relation to material items

（i）non-cumulative poll

Resolution No.	Resolution	Affirmative		Dissenting		Abstaining
		Number of votes	Percentage (%)	Number of votes	Percentage (%)	Number of votes	Percentage (%)
1	Resolution on the Proposal on Changing the Purpose of and Canceling the Repurchased Shares	226,787,708	98.7053	2,622,078	1.1412	352,600	0.1535
4	Estimated Amount of Letters of Guarantee to be Obtained by the Company for Subsidiaries	202,060,996	87.9434	26,827,312	11.6761	874,078	0.3805

（ii）cumulative poll

5. Resolution on Proposal on the Re-election of the Board and the Election of Candidates for Non-Independent Directors of the Fourth Board of the Company

Resolution No.	Resolutions	Number of votes	Percentage (%)	Election results
5.01	Regarding the election of Mr. Chuanwei Zhang as a non-independent director of the fourth Board of the Company	215,243,680	93.6809	Elected
5.02	Regarding the election of Mr. Rui Zhang as a non-independent director of the fourth Board of the Company	214,546,956	93.3777	Elected
5.03	Regarding the election of Ms. Chao Zhang as a non-independent director of the fourth Board of the Company	213,907,245	93.0993	Elected
5.04	Regarding the election of Mr. Yuanfeng Fan as a non-independent director of the fourth Board of the Company	214,119,944	93.1919	Elected
5.05	Regarding the election of Ms. Lingna Yi as a non-independent director of the fourth Board of the Company	213,976,892	93.1296	Elected
5.06	Regarding the election of Mr. Jinyuan Zhang as a non-independent director of the fourth Board of the Company	213,777,110	93.0426	Elected

6. Resolution on Proposal on the Re-election of the Board and the Election of Candidates for Non-Independent Directors of the Fourth Board of the Company

Resolution No.	Resolutions	Number of votes	Percentage (%)	Election results
6.01	Regarding the election of Mr. Tao Zhu as an independent director of the Fourth Session of the Board of Directors of the Company	214,921,066	93.5405	Elected
6.02	Regarding the election of Ms. Ying Liu as an independent director of the Fourth Session of the Board of Directors of the Company	214,190,010	93.2223	Elected
6.03	Regarding the election of Mr. Rongchang Wang as an independent director of the Fourth Session of the Board of Directors of the Company	214,105,050	93.1854	Elected
6.04	Regarding the election of Mr. Shaobin Shi as an independent director of the fourth Session of the Board of Directors of the Company	214,158,646	93.2087	Elected

(IV) Details in relation to the voting results of the resolution

1.   Special resolution: Resolution 1, 2, 3

2.   The resolution for separate counting of votes cast by minority investors: Resolution 1, 4, 5, 6

3.   Resolution involving related shareholder abstention from voting: Nil

III. ATTESTATION BY LAWYER

1.   The General Meeting was attested by: ZHONG LUN LAW FIRM

2.   Lawyers: Zhou Yuxiang, Cai Tengfei

3.   Concluding opinions from the lawyers for the attestation:

In the lawyers' opinion, the convening and holding procedures of the general meeting were in compliance with relevant laws, administrative regulations, Rules of Procedures for the General Meetings and the Articles of Association; the qualifications of the persons attending the meeting and the convener were lawful and valid; and the voting procedures conducted at the meeting and the voting results thereof were lawful and valid.

Ming Yang Smart Energy Group Limited

October 23, 2026

 

END