Shenzhen Megmeet Electrical Co., Ltd. Announcement of Resolutions of the Fifth Meeting of the Sixth Board of Directors
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or major omissions.
The Fifth Meeting of the Sixth Board of Directors of Shenzhen Megmeet Electrical Co., Ltd. (hereinafter referred to as the "Company") was held on June 9, 2026, at the conference room on the 34th floor of the United Headquarters Building, Xuefu Road, Nanshan District, Shenzhen. The meeting was convened through a combination of on-site and written voting. The meeting notice was sent to all directors via email or fax on June 2, 2026. A total of 6 directors were eligible to attend, and 6 directors attended (Directors Wang Xuefen, Qu Wanyuan, Shen Huayu, and Mao Dancai participated via written voting, while the remaining directors participated in person). Senior management personnel of the Company attended the meeting. The convening of this meeting complies with the relevant provisions of the "Company Law of the People's Republic of China" and the "Articles of Association." The meeting was presided over by Mr. Tong Yong Sheng, Chairman of the Board, and the attending directors passed the following resolutions:
I. Deliberation and Approval of the "Proposal on the Company's Issuance of H-Share Stock and Listing on the Stock Exchange of Hong Kong Limited"
To deepen the Company's globalization strategy, further build an integrated international platform, and enhance the Company's core competitiveness, after thorough research and argumentation, Shenzhen Megmeet Electrical Co., Ltd. plans to issue H-share stock and list it on the Main Board of The Stock Exchange of Hong Kong Limited (hereinafter referred to as the "Hong Kong Stock Exchange") (hereinafter referred to as the "Current Issuance and Listing" or the "Current Issuance").
The Company's current issuance and listing will be carried out in accordance with the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law"), the "Securities Law of the People's Republic of China" (hereinafter referred to as the "Securities Law"), the "Trial Measures for the Administration of Overseas Issuance and Listing of Securities by Domestic Enterprises" and related regulatory guidelines (collectively referred to as the "Trial Measures and their Guidelines"), the "Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited" (hereinafter referred to as the "Hong Kong Listing Rules"), and the relevant regulations of Hong Kong law and other regulatory provisions for the issuance and listing of shares in Hong Kong by issuers registered in mainland China.
After self-examination by the Company, the Company meets the conditions for the issuance and listing of H-shares. It is hereby proposed that the Company's current issuance and listing be approved. The Company's current issuance and listing will be conducted under the conditions and requirements of relevant Chinese laws, regulations, and normative documents, as well as Hong Kong laws and the "Hong Kong Listing Rules." It will require filings, approvals, or authorizations from the China Securities Regulatory Commission (hereinafter referred to as the "CSRC"), the Securities and Futures Commission of Hong Kong (hereinafter referred to as the "SFC"), and the Hong Kong Stock Exchange, as well as other relevant government departments, regulatory bodies, and stock exchanges.
For detailed information, please refer to the "Announcement on the Planning of Issuing H-Share Stock and Listing on The Stock Exchange of Hong Kong Limited" (Announcement No.: 2026-056) disclosed by the Company on the same day on the Juchao Information Network (http://www.cninfo.com.cn).
Voting Result: 6 votes in favor, 0 votes against, 0 abstentions.