Stock Abbreviation: Yawei Shares
Stock Code: 002559.SZ
Jiangsu Yawei Machine Tool Co., Ltd.
(Jiangsu Yawei Machine Tool Co., Ltd.)
(Xiancheng Industrial Park, Huanghai South Road, Jiangdu District, Yangzhou City, Jiangsu Province)
2025 Issuance of Shares to Specific Targets and Listing on the Main Board
Listing Announcement
Sponsor (Lead Underwriter)
[Image: Huatai United Securities Logo]
Announcement Date: July 2026
Table of Contents
Table of Contents 1
Special Notice 6
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Number and Price of Issued Shares 6
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Arrangement for Listing of New Shares 6
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Subscription Status and Lock-up Period Arrangement 6
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Upon Completion of This Issuance, the Company's Equity Distribution Meets the Listing Requirements of the Shenzhen Stock Exchange and Will Not Lead to Failure to Meet Stock Listing Conditions 7
Definitions 8
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Basic Information of the Company 10
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Issuance of New Shares 10
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Listing of New Shares 20
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Share Changes and Their Impact 21
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Analysis of Financial Accounting Information 23
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Relevant Institutions for the Issuance and Listing of New Shares 25
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Sponsor's Listing Recommendation Opinion 26
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Other Important Matters 27
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Documents Available for Inspection 27
Statement of the Issuer and All Directors
The Company and all directors warrant that this listing announcement does not contain any false records, misleading statements, or major omissions, and assume corresponding legal liability for the authenticity, accuracy, and completeness of its contents.
Directors' Signatures:
Leng Zhibin: [blank]
Shi Jinxia: [blank]
Pan Enhai: [blank]
Zhu Pengcheng: [blank]
Fan Jun: [blank]
Yang Jianjun: [blank]
Lou Peihuang: [blank]
Yin Junming: [blank]
Wu Jinsong: [blank]
Date: [blank] Year [blank] Month [blank] Day
Special Notice
I. Number and Price of Issued Shares
(I) Number of shares issued: 92,098,593 shares
(II) Issue price: 7.14 Yuan/share
(III) Total proceeds raised: 657,583,954.02 Yuan
(IV) Net proceeds raised: 652,918,703.74 Yuan
II. Arrangements for Listing of New Shares
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Number of shares to be listed: 92,098,593 shares
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Listing date: July 13, 2026 (first day of listing). The company's stock price will not be adjusted ex-rights on the listing date of the new shares, and the stock trading will be subject to price fluctuation limits.
III. Subscription Details and Lock-up Period Arrangements
There is 1 subscriber for this issuance to a specific target, namely Yangzhou Industrial Investment Development Group Co., Ltd. (hereinafter referred to as "Yangzhou Industrial Development Group"), which subscribes to the shares issued this time in cash. The subscription details of the target are as follows:
| No. | Subscriber | Number of Shares Subscribed (shares) | Subscription Amount (Yuan) |
|---|---|---|---|
| 1 | Yangzhou Industrial Development Group | 92,098,593 | 657,583,954.02 |
| Total | 92,098,593 | 657,583,954.02 |
The shares of the company subscribed by Yangzhou Industrial Development Group in this issuance to a specific target shall not be transferred within eighteen months from the date of listing. After the completion of this issuance of shares to a specific target, any shares of the issuer increased due to the company's bonus shares, capitalization of capital reserves, etc., shall also be subject to the above-mentioned agreed arrangements. When the subscriber reduces its holdings after the expiration of the lock-up period, it shall comply with the relevant provisions of the "Company Law," "Securities Law," "Rules Governing the Listing of Stocks on the Shenzhen Stock Exchange," and other laws, regulations, rules, normative documents, and the Articles of Association of the Company.
IV. Upon completion of this issuance, the company's equity distribution meets the listing requirements of the Shenzhen Stock Exchange, and will not lead to circumstances that do not meet the conditions for stock listing.