Stock Codes: 000017, 200017 Stock Abbreviations: Shenzhen Zhonghua A, Shenzhen China B Announcement No.: 2026-011 Shenzhen Zhonghua Bicycle (Group) Co., Ltd Regarding the proposal for shareholders' empowerment for the board of directors to handle small-amount rapid financing Relevant public announcements The company's and all board members' guarantee disclosures are truthful, accurate, and complete, with no false records. Misleading statements or major omissions. The 11th Board of Directors of Shenzhen Zhonghua Bicycle (Group) Co., Ltd. (hereinafter referred to as the "Company"). The 24th meeting will be held on April 17, 2026, through in-person meetings, online video conferences, and online voting The meeting reviewed and approved the "Proposal on Requesting the Shareholders' Meeting to Authorize the Board of Directors to Handle Matters Related to Small Rapid Financing." This proposal still needs to be submitted to the company's 2025 annual shareholders' meeting for review. The company hereby announces the relevant information as follows: According to the "Administrative Measures for the Registration of Securities Issuance by Listed Companies" (hereinafter referred to as the "Registration Administrative Measures"), the "Shenzhen, Registered Securities, and Registration Administrative Measures", Rules for the Review of Securities Issuance and Listing of Listed Companies on the Shenzhen Stock Exchange, "Securities Issuance of Listed Companies on the Shenzhen Stock Exchange." The company's board of directors requested the shareholders' meeting to authorize the board to decide on a decision regarding the special Designated issuance of stocks with a total financing amount not exceeding RMB 300 million and not exceeding 20% of net assets at the end of the most recent year, The authorization period is from the date of approval at the 2025 annual shareholders' meeting until the 2026 annual shareholders' meeting. This authorization is hereby issued The matters include the following:
- Confirm whether the company meets the requirements for issuing shares to specific targets through a simplified procedure (hereinafter referred to as "small rapid financing." Conditions The authorized board of directors to act in accordance with the Company Law of the People's Republic of China, the Securities Law of the People's Republic of China, and the Registered Administrator Laws, regulations, normative documents, and the provisions of the Articles of Association are based on the actual situation of the company and Conduct self-inspection and demonstration on relevant matters, and confirm whether the company complies with the provisions for issuing shares to specific targets through simplified procedures Item.
| 2. Type, quantity, and par value of issued shares | |||
|---|---|---|---|
| The total amount of financing issued to specific targets shall not exceed RMB | 300 million yuan and not exceeding net assets at the end of the most recent year | 2 0% | |
| RMB ordinary shares listed within China (A | shares), with a par value of RMB 1.00 per share. | The number of shares issued will be determined by the fundraising amount | |
| The total amount raised is determined by the issue price, and shall not exceed the total share capital of the company before issuance | 3 0% | 。 | |
| 3. Issuance method, target investors, and arrangements for placement to original shareholders | |||
| This share issuance will be conducted through a simplified procedure through a private placement to specific investors ， | The issuance targets are those who meet | ||
| Legal persons, natural persons, or other legitimate investment organizations as stipulated by regulatory authorities shall not exceed | 35 | specific object of the name. |
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