002805SZSE
🚨 Material Event

2026 Annual Plan for Issuing A Shares to Specific Objects

Fengyuan Co., Ltd.··48 pages

✨ AI Summary

Shandong Fengyuan Chemical Co., Ltd. announces its 2026 plan to issue A shares to specific objects. The company aims to raise no more than RMB 1.428 billion to fund projects including a high-performance lithium iron phosphate cathode material expansion. The issuance is subject to shareholder and regulatory approvals.

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Full Translation

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Company Statement

  1. Shandong Fengyuan Chemical Co., Ltd. (hereinafter referred to as "Fengyuan Shares," "the Company," or "this Company") and all members of the board of directors guarantee that the content of this plan is true, accurate, and complete, and confirm that there are no false records, misleading statements, or major omissions, and shall bear legal responsibility for the truthfulness, accuracy, and completeness of its content.

  2. This plan is compiled in accordance with the "Securities Law of the People's Republic of China," the "Administrative Measures for the Registration of Securities Issuances by Listed Companies," and other regulations.

  3. After the completion of this issuance of A shares to specific objects, the changes in the Company's operations and revenue shall be the responsibility of the Company; investment risks arising from this issuance of A shares to specific objects shall be the responsibility of the investors.

  4. This plan is a statement by the Company's board of directors regarding this issuance of A shares to specific objects. Any statement to the contrary is a false statement.

  5. Investors with any questions should consult their stockbroker, lawyer, professional accountant, or other professional advisor.

  6. The matters described in this plan do not represent the substantive judgment, confirmation, or approval of the competent authority regarding the matters of this issuance of A shares to specific objects. The effectiveness and completion of the matters related to this issuance of A shares to specific objects are still subject to review and approval by the Shenzhen Stock Exchange and registration and approval by the China Securities Regulatory Commission.

Major Event Highlights

The terms and abbreviations in this section have the same meaning as those defined in the "Glossary" of this plan.

  1. The matters related to this issuance of A shares were deliberated and approved by the 21st meeting of the Sixth Board of Directors on June 6, 2026. The issuance is still subject to approval by the Company's shareholders' meeting, review and approval by the Shenzhen Stock Exchange, and a decision for registration and approval by the China Securities Regulatory Commission before it can be implemented.

  2. The targets for this issuance to specific objects shall not exceed 35 (inclusive) qualified specific investors as stipulated by the China Securities Regulatory Commission, including fund management companies, securities companies, trust companies, financial companies, insurance institutional investors, asset management companies, qualified foreign institutional investors, and other legal persons, natural persons, or other institutional investors that meet the legal requirements. Among them, fund management companies, securities companies, qualified foreign institutional investors, and RMB qualified foreign institutional investors that subscribe with more than two products they manage shall be considered as one issuing target. Trust companies, as issuing targets, can only subscribe with their own funds.

The final issuing targets will be determined by the board of directors within the scope of authorization from the shareholders' meeting, in accordance with relevant laws, administrative regulations, departmental rules, or normative documents, and in consultation with the sponsor (lead underwriter) based on the bidding results, after the Shenzhen Stock Exchange has reviewed and approved the issuance and the China Securities Regulatory Commission has made a decision for registration and approval. If relevant laws, administrative regulations, rules and normative documents of the China Securities Regulatory Commission, and relevant rules and regulations of the Shenzhen Stock Exchange have new provisions regarding the issuing targets for issuance to specific objects, the Company will make adjustments according to the new provisions.

The issuing targets for this issuance shall all subscribe for the Company's shares in cash in RMB at the same price.

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