Announcement on Tianhai Automotive Electronics Group Co., Ltd. Changing Company Registered Capital, Company Type, and Amending Articles of Association
Tianhai Automotive Electronics Group Co., Ltd. (hereinafter referred to as "the Company") held its 13th meeting of the third board of directors on May 29, 2026, and approved the proposal regarding the change of the Company's registered capital, company type, and the amendment of the Articles of Association, as well as the handling of business registration changes. The specific content is announced as follows:
1. Changes to Company Registered Capital and Company Type
According to the approval issued by the China Securities Regulatory Commission (CSRC) regarding the registration of the Company's initial public offering of stock (Approval No. [2026] 423), and with the consent of the Shenzhen Stock Exchange, the Company will publicly issue 79,000,000 shares of RMB ordinary shares (A shares) (hereinafter referred to as "this issuance"), which were listed on the main board of the Shenzhen Stock Exchange on May 18, 2026. Based on the verification report of the raised funds issued by ShineWing Certified Public Accountants (Special General Partnership) "XYZH/2026GZAA3B0390", the Company's registered capital will change from RMB 446 million to RMB 525 million, and the total number of shares will change from 446 million shares to 525 million shares. After the completion of this public issuance and listing on the Shenzhen Stock Exchange, the company type will change from "other joint-stock limited company (non-listed)" to "other joint-stock limited company (listed)", subject to the registration results from the market supervision department.