000949SZSE
🚨 Material Event

Xinxiang Chemical Fiber Co., Ltd. Resolution of the Second Extraordinary General Meeting Announcement for 2026

Xinxiang Chemical Fiber Co., Ltd.··10 pages

✨ AI Summary

Xinxiang Chemical Fiber Co., Ltd. held its second extraordinary general meeting on July 10, 2026. The meeting approved proposals related to the company's targeted issuance of A-shares, including the issuance plan, issuance objects, pricing, and use of proceeds. All proposals passed with significant majority support, with related party shareholders abstaining from voting.

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Exchange Summary

EGM RESOLUTION

The Company held its 2nd Extraordinary General Meeting of 2026 on 10 July 2026, during which the following proposal(s) was/were approved: 1. The Company's eligibility for A-share offering to specific parties 2. Plan for the 2026 A-share offering to specific parties 2.1. Stock type and par value 2.2. Method and date of issuance 2.3. Issuing targets and subscription method 2.4. Pricing base date, pricing principles and issue price 2.5. Issuing volume 2.6. Lockup period 2.7. Listing place 2.8. Arrangement for the accumulated retained profits 2.9. Amount and purpose of the raised funds 2.10. Valid period of the resolution 3. Preplan for the 2026 A-share offering to specific parties 4. Demonstration analysis report on the plan for the 2026 A-share offering to specific parties 5. Feasibility analysis report on the use of funds to be raised from the 2026 A-share offering to specific parties 6. Risk warning on the diluted immediate return after the share offering to specific parties, filling measures, and commitments of relevant parties 7. Special report on the use of previous raised funds 8. Audit report on the use of previous raised funds 9. Connected transactions involved in the A-share offering to specific parties 10. Conditional share subscription agreement to be signed with two companies 11. Full authorization to the board to handle matters regarding the A-share offering to specific parties

Provided by Shenzhen Stock Exchange

Full Translation

AI Translation· gemini_document

Securities Code: 000949

Securities Abbreviation: Xinxiang Chemical Fiber

Announcement No.: 2026-038

Xinxiang Chemical Fiber Co., Ltd.

Announcement on the Resolutions of the Second Extraordinary General Meeting for 2026

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and that there are no false records, misleading statements, or major omissions.

Special Notes:

(I) No proposals were rejected at this shareholder meeting.

(II) This shareholder meeting does not involve any changes to resolutions previously passed by the shareholder meeting.

I. Meeting Convening and Attendance

(I) Meeting Time:

(1) On-site meeting time: July 10, 2026, 14:30

(2) Online voting time: The specific time for online voting through the Shenzhen Stock Exchange system was July 10, 2026, from 9:15-9:25, 9:30-11:30, and 13:00-15:00; the specific time for voting through the Shenzhen Stock Exchange internet voting system was any time from 9:15 to 15:00 on July 10, 2026.

(II) Meeting Location: Meeting Room 507, New Area Office Building, Xinxiang Chemical Fiber Co., Ltd., at the intersection of Xinxiang City Hongqi District Xin Chang Road and Jing Ba Road.

(III) Meeting Method: This shareholder meeting adopted a combination of on-site voting and online voting. The Company provided an online voting platform for shareholders through the Shenzhen Stock Exchange trading system and the internet voting system (http://wltp.cninfo.com.cn), allowing shareholders to exercise their voting rights through the aforementioned systems during the online voting period.

(IV) Convener: The Company's Board of Directors

(V) Presider: Chairman Shao Changjin

(VI) Overall Shareholder Attendance: 549 shareholders attended the meeting through on-site and online voting, representing 735,786,988 shares, or 44.4074% of the total voting shares of the Company. Among them, 1 shareholder attended through on-site voting, representing 442,507,079 shares, or 26.7069% of the total voting shares. 548 shareholders attended through online voting, representing 293,279,909 shares, or 17.7005% of the total voting shares.

Overall Attendance of Small and Medium Shareholders: 547 small and medium shareholders attended the meeting through on-site and online voting, representing 98,401,024 shares, or 5.9389% of the total voting shares of the Company. Among them, 0 small and medium shareholders attended through on-site voting, representing 0 shares, or 0.0000% of the total voting shares. 547 small and medium shareholders attended through online voting, representing 98,401,024 shares, or 5.9389% of the total voting shares.

(VII) All directors of the Company attended this meeting. The Company's Secretary of the Board, senior management, and the lawyers appointed by the Company were present at the meeting.

II. Proposal Review and Voting Results

The following proposals were reviewed and approved at this meeting through on-site voting (on-site voting used a registered voting method) and online voting:

(I) Review of the Proposal "On the Conditions for the Company to Issue A Shares to Specific Objects"

<1> Voting Results:

Overall Voting: 278,326,433 shares in favor, accounting for 94.9013% of the total valid voting shares attending the meeting; 14,905,476 shares against, accounting for 5.0823% of the total valid voting shares attending the meeting; 48,000 shares abstained (including 600 shares abstained due to default voting), accounting for 0.0164% of the total valid voting shares attending the meeting.

Voting of Small and Medium Shareholders: 83,447,548 shares in favor, accounting for 84.8035% of the total valid voting shares of small and medium shareholders attending the meeting; 14,905,476 shares against, accounting for 15.1477% of the total valid voting shares of small and medium shareholders attending the meeting; 48,000 shares abstained (including 600 shares abstained due to default voting), accounting for 0.0488% of the total valid voting shares of small and medium shareholders attending the meeting.

<2> Voting Result: This proposal was approved. This proposal was approved by more than 2/3 of the total valid voting shares. Related shareholder Xinxiang Bailu Investment Group Co., Ltd. abstained from voting.

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