Guangdong Hongqiang New Materials Co., Ltd.
Announcement on Increasing Registered Capital, Adjusting Board Size, and Amending Articles of Association
The Company and all its directors guarantee the truthfulness, accuracy, and completeness of this announcement, and that there are no false records, misleading statements, or material omissions.
Guangdong Hongqiang New Materials Co., Ltd. (hereinafter referred to as the "Company") held the 29th meeting of the Fifth Board of Directors on June 18, 2026, and reviewed and approved the "Proposal on Increasing the Company's Registered Capital, Adjusting the Board Size, and Amending the Articles of Association." The relevant information is hereby announced as follows:
I. Situation of Increasing the Company's Registered Capital
Recently, the Company completed the early redemption of "Hongqiang Convertible Bonds." For details, please refer to the "Announcement on the Redemption Results of Hongqiang Convertible Bonds" (Announcement No. 2026-035) disclosed by the Company on the Juchao Information Network (www.cninfo.com.cn) on April 23, 2026. Due to the conversion of "Hongqiang Convertible Bonds," the Company's total share capital has increased from the original registered capital of RMB 211,609,439 to RMB 240,260,213.
II. Situation of Adjusting Board Size
To further improve the operational efficiency and scientific decision-making level of the Company's board of directors, and to promote the performance of directors and the board of directors, in conjunction with the Company's actual situation, the Company proposes to adjust the number of directors from 9 to 8, including 4 non-independent directors, 3 independent directors, and 1 employee representative director. The composition of the board of directors after the adjustment complies with the relevant laws, regulations, and normative documents such as the "Company Law," "Corporate Governance Guidelines for Listed Companies," "Shenzhen Stock Exchange Stock Listing Rules," and "Administrative Measures for Independent Directors of Listed Companies."
III. Content of Amendments to the Articles of Association
Based on the Company's increase in registered capital mentioned above, and in accordance with relevant laws, regulations, and normative documents, the Company proposes to amend and refine the relevant clauses of the Articles of Association. The comparison of the Company's Articles of Association before and after the amendment is as follows: