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2026 Prospectus for Issuance of Shares to Specific Targets via Simplified Procedure
(Declaration Draft)
Sponsor (Lead Underwriter)
June 2026
Statement
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The Company and all members of the Board of Directors guarantee that the contents of this prospectus are true, accurate, and complete, without false records, misleading statements, or major omissions, and assume individual and joint legal liability for any false records, misleading statements, or major omissions in this prospectus.
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This prospectus is prepared in accordance with the "Administrative Measures for the Registration of Securities Issuance by Listed Companies," the "Guidelines for Information Disclosure and Format of Listed Companies No. 61 - Prospectus and Issuance Report for Securities Issued by Listed Companies to Specific Targets," and other requirements.
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After the completion of this issuance of shares to specific targets via the simplified procedure, the Company is solely responsible for changes in its operations and earnings; investors are solely responsible for investment risks arising from this issuance.
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This prospectus is the Company's Board of Directors' explanation of this issuance of shares to specific targets via the simplified procedure; any statement to the contrary is a false statement.
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If investors have any questions, they should consult their stockbroker, lawyer, professional accountant, or other professional advisor.
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The matters stated in this prospectus do not represent the substantive judgment, confirmation, approval, or registration consent of the approval authorities regarding the matters related to this issuance. The effectiveness and completion of the matters related to this issuance are subject to the approval or registration consent of the relevant approval authorities.
Important Matters Notice
The Company specifically reminds investors to pay attention to the following major matters or risk factors and to carefully read "Section VI: Risk Factors Related to This Issuance" in this prospectus.
I. On April 24, 2025, the Company held the 26th meeting of the 6th Board of Directors, which deliberated and approved the "Proposal on Requesting the General Meeting of Shareholders to Authorize the Board of Directors to Handle Matters Related to Small-Amount Rapid Financing."
On May 15, 2025, the Company held the 2024 Annual General Meeting of Shareholders, which deliberated and approved the "Proposal on Requesting the General Meeting of Shareholders to Authorize the Board of Directors to Handle Matters Related to Small-Amount Rapid Financing."
On March 9, 2026, the Company held the 32nd meeting of the 6th Board of Directors, which deliberated and approved the "Proposal on the Company's 2026 Plan for Issuing Shares to Specific Targets via Simplified Procedure" and other proposals related to this issuance.
On June 5, 2026, the Company held the 35th meeting of the 6th Board of Directors, which deliberated and approved the "Proposal on Extending the Validity Period of the Company's 2025 Resolutions and Related Authorizations for Issuing Shares to Specific Targets via Simplified Procedure," and submitted it to the 2025 Annual General Meeting of Shareholders for deliberation.
On June 22, 2026, the 36th meeting of the 6th Board of Directors deliberated and approved specific plans such as the issuance price, issuance quantity, and issuance targets.
On June 26, 2026, the Company held the 2025 Annual General Meeting of Shareholders, which deliberated and approved the "Proposal on Extending the Validity Period of the Company's 2025 Resolutions and Related Authorizations for Issuing Shares to Specific Targets via Simplified Procedure."
II. The targets for this issuance of shares via the simplified procedure are: Tianjin Fortune Fund Management Co., Ltd., Yang Zonglin, Wu Di, Nord Fund Management Co., Ltd., Wu Lixian, Shenzhen Newforce Investment Management Co., Ltd. - Newforce Xuebao No. 21 Private Securities Investment Fund, and Caitong Fund Management Co., Ltd. All issuance targets will subscribe to the shares issued via the simplified procedure in RMB cash at the same price.