002408SZSE

Announcement on Changes to Registered Capital and Amendments to the Articles of Association

✨ AI Summary

This announcement details the proposed changes to the registered capital of Zibo Qixiang Tengda Chemical Co., Ltd. due to convertible bond conversions. The registered capital will increase from RMB 2,842,841,778 to RMB 2,842,852,435. Consequently, amendments to Article 6 of the company's Articles of Association are proposed and will be submitted for shareholder approval.

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Announcement on Changes to Registered Capital and Amendments to the Articles of Association

The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from false records, misleading statements, or material omissions.

Zibo Qixiang Tengda Chemical Co., Ltd. (hereinafter referred to as the "Company") deliberated and passed the "Proposal on Changes to Registered Capital and Amendments to the Articles of Association" at the 28th meeting of the Sixth Board of Directors held on April 8, 2026. This proposal needs to be submitted for deliberation at the Company's 2025 Annual Shareholders' Meeting. The specific details are hereby announced as follows:

I. Changes to Registered Capital

(1) Registered Capital Before Change

The registered capital of the Company before this change was RMB 2,842,841,778.

(2) Reason for Change

  1. Pursuant to the approval document No. [2020]1342 from the China Securities Regulatory Commission (CSRC), the Company publicly issued 29.9 million convertible corporate bonds on August 20, 2020. Each bond had a face value of RMB 100, with a total issuance amount of RMB 2,990 million and a term of 6 years. With the approval of the Shenzhen Stock Exchange's document No. "Shenzhen Stock Exchange [2020]835", the Company's RMB 2,990 million convertible bonds were listed and traded on the Shenzhen Stock Exchange starting from September 15, 2020. The bond name is "Qixiang Turn 2" and the bond code is "128128".

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