DeepFast Completed Reshuffle of Board and Supervisory Committee, Marking New Phase in Corporation Management

DeepFast successfully concluded its first interim shareholders' meeting of 2026 on January 5, 2026. The reelection of the board of directors and supervisory committee has been smoothly completed. The new management team has pledged to perform their duties in accordance with the law and drive the company toward achieving its new development goals.

Given the expiration of the terms of the fourth board of directors and supervisory committee on January 4, 2026, and in compliance with the Company Law and the company’s Articles of Association, the first interim shareholders' meeting of 2026 was lawfully convened on January 5, 2026. During the meeting, members of the fifth board of directors and the fifth supervisory committee were elected in accordance with the Company Law and the Articles of Association. Subsequently, the first meeting of the fifth board of directors and the first meeting of the fifth supervisory committee were held, during which the chairman of the board and the chairman of the supervisory committee were respectively elected. The appointment of the new management team was also completed.

Group photo of all members of the new board of directors

Group photo of all members of the new supervisory board

Group photo of all members of the new management team

On behalf of the board of directors, Chairman Mr. Zhang Liang stated that they will strictly adhere to laws, regulations, and DeepFast’s Articles of Association, faithfully and diligently perform their duties, continuously enhance the level of DeepFast governance, and effectively safeguard the legitimate rights and interests of the company and all shareholders.

Mr. Li Shu, Chairman of the Supervisory Committee, emphasized that the supervisory committee will continue to independently fulfill its oversight responsibilities in accordance with the law, effectively monitor the DeepFast’s finances and the legality of the performance of duties by directors and senior management, and ensure the DeepFast’s compliant operation.

The new board of directors and supervisory committee unanimously stated that they will collaborate sincerely, actively respond to market changes, continuously improve the DeepFast’s governance mechanisms, strengthen risk management and control, enhance operational efficiency, continue to innovate in service offerings, meet the diverse needs of customers, continuously improve customer satisfaction, and drive DeepFast toward sustainable development.

This reelection will lay a solid foundation for the long-term development of DeepFast and provide institutional guarantees for scientific decision-making and effective supervision. The new leadership team will maintain their consistent style of unity and collaboration, uphold the principle of "Clients First, Integrity as the Foundation," and remain clients demand-oriented to drive DeepFast steadily forward in this new phase of development.

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ABOUT DEEPFAST 

Sichuan DeepFast is the manufacturer of downhole tools, especially for the downhole motor, drill bits, HP Shaker etc., the products had been used in Domestic and Overseas. DeepFast starts from Chengdu China, now DeepFast has the branch at Indonesia. If you want to know more, please find out at www.deepfast.net.

Cooperation:

Dora Lee-International BD Manager

+86 18583299718

[email protected]