Shenzhen Walden Materials Co., Ltd. (hereinafter referred to as "the Company") held the sixth meeting of the eighth board of directors on March 31, 2026, where it reviewed and approved the proposal on changes to registered capital and amendments to the Articles of Association. The specific circumstances are as follows:
1. Changes to Registered Capital
According to the China Securities Regulatory Commission's "Notice on the Filing of Overseas Issuance and Listing by Shenzhen Walden Materials Co., Ltd." (Guo He Han [2025] No. 2203), and with the approval of the Hong Kong Stock Exchange (hereinafter referred to as "HKEX"), the Company publicly issued 139,988,800 overseas listed foreign shares (H shares) on February 13, 2026, and listed them on the main board of HKEX. The total share capital of the Company increased by 139,988,800 shares due to this issuance, with a par value of RMB 1.00 per share. Accordingly, the Company intends to change its registered capital from the currently recorded RMB 1,259,898,562 to RMB 1,399,887,362.