Sanchao New Materials announced that the company will hold the 3rd Extraordinary General Meeting of Shareholders in 2025 on December 17, 2025 to review and pass the relevant bill on by-election of non-independent directors and independent directors, and elect the 4th new directors. The 11th meeting of the fourth board of directors was held on the same day to re-elect the chairman and members of the special committee, appoint the company's general manager, and appoint directors to act as board secretaries. The fourth board of directors of the company consists of 9 directors, including 6 non-independent directors and 3 independent directors. Mr. Liu Jingqi was elected as the new chairman.

Sanchao New Materials announced that the company will hold the 3rd Extraordinary General Meeting of Shareholders in 2025 on December 17, 2025 to review and pass the relevant bill on by-election of non-independent directors and independent directors, and elect the 4th new directors. The 11th meeting of the fourth board of directors was held on the same day to re-elect the chairman and members of the special committee, appoint the company's general manager, and appoint directors to act as board secretaries. The fourth board of directors of the company consists of 9 directors, including 6 non-independent directors and 3 independent directors. Mr. Liu Jingqi was elected as the new chairman.