Guangxi Electric Explosion Prevention Technology Co., Ltd.
Stock Code: 002730 Stock Abbreviation: Guangxi Electric Explosion Announcement No.: 2026-020
Resolution Announcement of the Sixth Meeting of the Sixth Board of Directors of Guangxi Electric Explosion Prevention Technology Co., Ltd.
The company and all members of the board of directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and there are no false records, misleading statements, or major omissions.
Guangxi Electric Explosion Prevention Technology Co., Ltd. (hereinafter referred to as the "Company") convened the sixth meeting of its sixth board of directors. The notice was delivered to all directors by telephone, email, or written notice on June 8, 2026. The meeting was held at the company on June 12, 2026. The number of directors eligible to vote was 9, and the number of directors actually present was 9. Senior management personnel who are not directors attended the meeting. The meeting complied with the relevant provisions of the "Company Law" and the "Articles of Association," and the meeting was legal and valid.
The meeting was presided over by the chairman. The directors present reviewed and passed the relevant proposals one by one, and made the following resolutions:
I. Deliberation and Approval of the "Proposal on the Company Meeting the Conditions for Issuing Shares to Specific Objects"
In accordance with the relevant provisions of laws, regulations, and normative documents such as the "Company Law," "Securities Law," and "Administrative Measures for the Registration of Securities Issuances by Listed Companies," and based on the relevant qualification and condition requirements for listed companies to issue shares to specific objects, after self-inspection and verification of the company's actual situation and related matters, it is confirmed that the company meets the qualifications and conditions for issuing shares to specific objects.
This proposal has been deliberated and approved by the company's board audit committee, strategic committee, and independent directors' special committee.
This proposal still needs to be submitted to the company's shareholders' meeting for deliberation.
Voting results: 9 votes in favor, 0 votes against, 0 abstentions.
II. Deliberation and Approval of the "Proposal on the Company's Plan for Issuing A-shares to Specific Objects in 2026"
- Type and Par Value of Shares to be Issued
The shares to be issued to specific objects in this issuance will be RMB ordinary shares (A-shares) listed in China, with a par value of RMB 1.00 per share.
- Issuance Method and Time
The entire issuance will be conducted through private placement to specific objects. The company will choose an appropriate time to issue A-shares to specific objects within the validity period of the review and approval by the Shenzhen Stock Exchange and the China Securities Regulatory Commission.
- Issuance Targets and Subscription Method
The targets for this issuance will be no more than 35 specific investors, including securities investment fund management companies, securities companies, trust companies, financial companies, insurance institutional investors, qualified foreign institutional investors, and other legal persons, natural persons, or other institutional investors that meet the conditions stipulated by the China Securities Regulatory Commission. For securities investment fund management companies, securities companies, qualified foreign institutional investors, and RMB qualified foreign institutional investors that subscribe with more than 2 products they manage, they will be considered as one issuance target. Trust companies, as issuance targets, can only subscribe with their own funds.
The final issuance targets will be determined by the board of directors and its authorized personnel within the scope of authorization from the shareholders' meeting, in accordance with relevant laws, administrative regulations, departmental rules, or normative documents, and after negotiation with the sponsor (lead underwriter) based on the bidding results, after the issuance application is approved by the China Securities Regulatory Commission.