Securities Code: 002121
Securities Abbreviation: KOLON Electronics
Announcement Number: 2026043
Shenzhen KOLON Electronics Co., Ltd.
Announcement on Resolutions of the Second (Extraordinary) Meeting of the Tenth Board of Directors
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 representations, misleading statements, or material omissions.
Shenzhen KOLON Electronics Co., Ltd. (hereinafter referred to as the "Company") convened the Second (Extraordinary) Meeting of the Tenth Board of Directors. The notice for this meeting was delivered to all directors via instant messaging, email, and written means on July 2, 2026. The meeting was held on July 9, 2026, through a combination of on-site and written voting. A total of 11 directors were eligible to vote, and all 11 directors participated in the vote. Directors Li Gefeng, Xu Lap Ping, Song Jiaoyang, Zhang Ming, Lai Leung Sing, and independent directors Xie Dongming, Jiang Qi Rong, and Li Jianlin voted by correspondence. The Secretary of the Board of Directors attended the meeting. The meeting was chaired by Chairman Li Gefeng. The convocation, convening, and voting procedures of this meeting comply with the relevant provisions of the "Company Law of the People's Republic of China" and the "Articles of Association."
After discussion, the attending directors deliberated and approved the following proposals:
I. Proposal on the Company's Eligibility for Targeted Issuance of Shares Approved;
The Company, in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Administrative Measures for Securities Issuance Registration of Listed Companies," and other relevant laws, regulations, and normative documents, has conducted a self-inspection and deliberation. The Company believes it meets the current requirements for a targeted issuance of shares and is eligible for such an issuance.
Related directors Song Jiaoyang and Lai Leung Sing abstained from voting on this proposal.
Voting results: 9 votes in favor, 0 votes against, 0 abstentions.
This proposal was previously deliberated and approved by the Independent Directors' Special Committee at its third meeting in 2026, with all independent directors agreeing to submit this proposal to the Board of Directors for deliberation.
This proposal was previously deliberated and approved by the Board of Directors' Audit Committee at its sixth meeting in 2026.
This proposal still needs to be submitted to the Company's shareholders' meeting for deliberation.
II. Proposal on the Company's 2026 Plan for Targeted Issuance of A-shares Approved;
In accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Administrative Measures for Securities Issuance Registration of Listed Companies," and other relevant laws, administrative regulations, normative documents, and the "Articles of Association," the Company plans to conduct a targeted issuance of A-shares (hereinafter referred to as the "Targeted Issuance" or the "Issuance"). The specific plan for the Targeted Issuance is as follows:
- Type and Par Value of Shares to be Issued
The shares to be issued in this targeted issuance will be domestic listed ordinary RMB common shares (A-shares), with a par value of RMB 1.00 per share.
Voting results: 9 votes in favor, 0 votes against, 0 abstentions. Related directors Song Jiaoyang and Lai Leung Sing abstained from voting.
- Issuance Method and Timing
The issuance will be conducted through a targeted issuance of A-shares. The Company will proceed with the issuance at an appropriate time within the validity period of the approval after the Shenzhen Stock Exchange (hereinafter referred to as "SZSE") reviews and approves it, and the China Securities Regulatory Commission (hereinafter referred to as "CSRC") registers it.