002270SZSE

Announcement on Proposing to Authorize the Board of Directors to Issue Stocks to Specific Objects via Simplified Procedures

✨ AI Summary

The company proposes to authorize its board to issue stocks to specific investors through simplified procedures, with a total financing amount not exceeding RMB 300 million. This proposal requires approval at the annual shareholders' meeting. The issuance will not exceed 20% of the company's net assets as of the end of the previous year. The board will manage all related matters within the legal framework.

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Full Translation

AI Translation· azure_openai

Securities Code: 002270
Securities Abbreviation: Huaming Equipment
Announcement Number: [2026] No. 022

Huaming Power Equipment Co., Ltd. (hereinafter referred to as "the Company") and all members of the board of directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or significant omissions.

On February 26, 2026, the Company held the seventh meeting of the seventh board of directors, which reviewed and approved the proposal on authorizing the board of directors to issue stocks to specific objects via simplified procedures. This proposal is subject to approval at the Company's annual shareholders' meeting.

According to relevant regulations including the "Administrative Measures for the Registration of Securities Issuance by Listed Companies," "Listing Rules for Securities Issuance and Listing of Listed Companies on the Shenzhen Stock Exchange," and "Implementation Rules for Securities Issuance and Underwriting Business of Listed Companies on the Shenzhen Stock Exchange," the board of directors proposes that the shareholders' meeting authorize the board to issue stocks to specific objects via simplified procedures, with a total financing amount not exceeding RMB 300 million and not exceeding 20% of the net assets at the end of the previous year. The authorization period is from the date of approval at the 2025 annual shareholders' meeting until the date of the 2026 annual shareholders' meeting.

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