Stock Code: 002363 Stock Abbreviation: Longi Machinery Announcement No.: 2026-011 Shandong Longi Machinery Co., Ltd. Announcement on Reduction of Registered Capital and Amendment to the Articles of Association The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions. Shandong Longi Machinery Co., Ltd. (hereinafter referred to as the "Company") held its 13th meeting of the Sixth Board of Directors on April 28, 2026, and approved the "Proposal on Reduction of Registered Capital and Amendment to the Articles of Association." The details are as follows: I. Regarding the Reduction of Registered Capital In accordance with the "Administrative Measures for Equity Incentives of Listed Companies" issued by the China Securities Regulatory Commission, and the relevant rules of the Shenzhen Stock Exchange and China Securities Depository and Clearing Corporation Limited, the Company held the 13th meeting of the Sixth Board of Directors on April 28, 2026. The meeting reviewed and approved the "Proposal on Repurchase and Cancellation of Some Restricted Shares under the 2022 Restricted Share Incentive Plan," and plans to repurchase and cancel a total of 795,000 restricted shares that have been granted to incentive recipients but have not yet been released from lock-up. Upon completion of this repurchase and cancellation, the Company's total share capital will decrease from 416,895,301 shares to 416,100,301 shares, and the registered capital will be reduced from RMB 416,895,301 to RMB 416,100,301. II. Regarding the Amendment to the Articles of Association In accordance with the "Shenzhen Stock Exchange Stock Listing Rules," "Guidelines for Self-Regulation of Listed Companies No. 1 - Standardized Operation of Main Board Listed Companies," and other relevant laws, regulations, and normative documents, combined with the Company's actual situation, certain clauses of the "Articles of Association" are proposed to be amended. The comparison table for the amendments to the "Articles of Association" is as follows:
| Item | Before Amendment | After Amendment |
|---|---|---|
| 1 | Article 6 Company registered capital: RMB 416,895,301. | Article 6 Company registered capital: RMB 416,100,301. |
| 2 | Article 20 Total share capital of the Company is 416,895,301 shares, with a par value of RMB 1 per share, all of which are ordinary shares. | Article 20 Total share capital of the Company is 416,100,301 shares, with a par value of RMB 1 per share, all of which are ordinary shares. |
| Except for the above clauses, other clauses of the "Articles of Association" remain unchanged. The full text of the amended "Articles of Association" can be found on the CNINFO website (http://www.cninfo.com.cn). | ||
| III. Other Matters |
- To ensure the smooth progress of subsequent work, the Company's Board of Directors hereby requests the Shareholders' Meeting to authorize the Board of Directors and its authorized personnel to handle subsequent industrial and commercial change registration, articles of association filing, and other related matters. The specific amended content shall be subject to the filing and registration with the market supervision and management department.
- This proposal still needs to be submitted to the Company's Shareholders' Meeting for deliberation. IV. Documents for Reference
- Resolution of the 13th meeting of the Sixth Board of Directors of the Company. Hereby announced, Shandong Longi Machinery Co., Ltd. Board of Directors April 28, 2026