Securities Code: 001301 Securities Abbreviation: Shangtai Technology Announcement No.: 2026-049 Convertible Bond Code: 127112 Convertible Bond Abbreviation: Shangtai Convertible Bond
Shijiazhuang Shangtai Technology Co., Ltd. Supplementary Notice on Adding Provisional Proposal to the 2025 Annual Shareholders' Meeting
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
Shijiazhuang Shangtai Technology Co., Ltd. (hereinafter referred to as the "Company") held its 28th meeting of the Second Board of Directors on April 20, 2026, and deliberated and passed the "Proposal on Convening the 2025 Annual Shareholders' Meeting." The Company will hold the 2025 Annual Shareholders' Meeting on May 18, 2026 (Monday) using a combination of on-site and online voting. For details, please refer to the "Notice on Convening the 2025 Annual Shareholders' Meeting" (Announcement No.: 2026-024) disclosed by the Company on the CNINFO website (www.cninfo.com.cn) on April 22, 2026.
On April 27, 2026, the Company held its 29th meeting of the Second Board of Directors and deliberated and passed the "Proposal on Increasing the Comprehensive Credit Line Applied by the Company, Subsidiaries, and Grand-Subsidiaries to Banks and Other Financial Institutions for 2026." This proposal needs to be submitted to the Company's shareholders' meeting for deliberation. For details, please refer to the "Announcement on Increasing the Comprehensive Credit Line Applied by the Company, Subsidiaries, and Grand-Subsidiaries to Banks and Other Financial Institutions for 2026" (Announcement No.: 2026-047) disclosed by the Company on the CNINFO website (www.cninfo.com.cn) on April 28, 2026.
On April 27, 2026, the Company's Board of Directors received the "Letter Requesting the Addition of a Provisional Proposal to the 2025 Annual Shareholders' Meeting" from Mr. Ouyang Yongyue, the controlling shareholder and actual controller. To meet the Company's development needs and daily operating capital requirements, reduce financing costs, and improve capital utilization efficiency, Mr. Ouyang Yongyue requested that the "Proposal on Increasing the Comprehensive Credit Line Applied by the Company, Subsidiaries, and Grand-Subsidiaries to Banks and Other Financial Institutions for 2026" be added as a provisional proposal for deliberation at the Company's 2025 Annual Shareholders' Meeting.
According to the "Company Law" and other laws and regulations, as well as the "Articles of Association" and "Rules of Procedure for Shareholders' Meetings," shareholders who individually or collectively hold more than 1% of the Company's shares (including preferred shares with voting rights restored) can submit provisional proposals in writing to the convener no less than 10 days before the shareholders' meeting. The convener shall issue a supplementary notice to other shareholders within 2 days of receiving the proposal, announcing the content of the provisional proposal, and submit this provisional proposal for deliberation at the shareholders' meeting. After the Company's Board of Directors reviewed the proposal, as of the disclosure date of this announcement, Mr. Ouyang Yongyue directly held 95,327,000 shares of the Company, representing a shareholding ratio of 36.55%. His eligibility to submit proposals complies with relevant laws and regulations and the "Articles of Association." The content of the provisional proposal falls within the scope of the shareholders' meeting's authority, with clear topics and specific resolutions, and the proposal procedure complies with relevant regulations. Therefore, the Company's Board of Directors agrees to submit the aforementioned provisional proposal to the 2025 Annual Shareholders' Meeting for deliberation. In addition to the addition of the provisional proposal, other matters such as the time, place, method, and share registration date for the Company's 2025 Annual Shareholders' Meeting remain unchanged. The supplementary notice for the Company's 2025 Annual Shareholders' Meeting is as follows:
I. Basic Information of the Meeting