002805SZSE
🚨 Material Event

Resolution Announcement of the 21st Meeting of the Sixth Board of Directors

Fengyuan Co., Ltd.··10 pages

✨ AI Summary

The Board of Directors of Shandong Fengyuan Chemical Co., Ltd. convened its 21st meeting and approved the proposal for a targeted issuance of A-shares. The issuance aims to raise no more than RMB 1.428 billion to fund lithium battery material projects and supplement working capital. The meeting also approved the issuance plan, feasibility analysis, and related reports.

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Full Translation

AI Translation· gemini_document

Securities Code: 002805

Securities Abbreviation: Fengyuan Shares

Announcement No.: 2026-030

Shandong Fengyuan Chemical Co., Ltd.

Resolution Announcement of the 21st Meeting of the Sixth Board of Directors

The Company and all members of the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or significant omissions.

I. Convening of the Board Meeting

The 21st meeting of the Sixth Board of Directors of Shandong Fengyuan Chemical Co., Ltd. (hereinafter referred to as the "Company") was held via written voting on June 12, 2026. The notice for this meeting was sent to all directors via email on June 10, 2026. Nine directors were expected to attend, and nine directors actually attended. Senior management of the Company attended the meeting. The convening and holding of this meeting comply with the "Company Law," "Articles of Association," and relevant laws and regulations, and the resolutions made are legal and valid.

II. Deliberation of the Board Meeting

The meeting was chaired by Ms. Zhao Xiaomeng, Chairperson. After thorough discussion by the attending directors, the meeting deliberated and approved the following proposals one by one:

(I) Proposal on the Company Meeting the Conditions for Issuing A-shares to Specific Targets Approved

In accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Administrative Measures for the Registration of Issuance of Securities by Listed Companies," and other relevant laws, regulations, and normative documents, as well as the relevant provisions of the "Articles of Association," the Company's Board of Directors conducted a thorough review of the Company's actual situation and believes that the Company meets the current laws, regulations, and normative documents regarding listed companies issuing A-shares to specific targets. The Company possesses the conditions and qualifications to issue A-shares to specific targets and agrees to issue A-shares to specific targets (hereinafter referred to as the "Current Issuance" or "Current Targeted Issuance").

Voting results: 9 votes in favor, 0 votes against, 0 abstentions; Resolution: Approved.

This proposal has been reviewed and approved by the Company's Board Audit Committee, Board Strategy Committee, and Independent Directors' Special Committee.

This proposal still needs to be submitted for approval by the Company's shareholders' meeting.

(II) Proposal on the Company's Plan for Targeted Issuance of A-shares in 2026 Approved

In accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Administrative Measures for the Registration of Issuance of Securities by Listed Companies," and other laws, regulations, and normative documents, the Company has formulated the issuance plan for the current targeted issuance of shares.

The specific voting content is as follows:

  1. Type and Par Value of Shares to be Issued

The type of shares to be issued in this offering is domestic listed RMB ordinary shares (A-shares), with a par value of RMB 1.00 per share.

  1. Issuance Method and Time

The current issuance will be conducted through a targeted issuance. The Company will select an appropriate time to issue A-shares to specific targets within the validity period after obtaining the review and approval of the Shenzhen Stock Exchange (hereinafter referred to as the "SZSE") and the registration and approval decision from the China Securities Regulatory Commission (CSRC).

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