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Shenzhen Fast-Printing Co., Ltd. Resolutions of the 17th Meeting of the Fourth Board of Directors Announcement

Shennan Circuits Co., Ltd.··8 pages

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Shenzhen Fast-Printing Co., Ltd. announced the resolutions of its 17th Board of Directors meeting. The board approved the company's plan to issue shares to specific targets, including the type, number, and pricing of shares. The funds raised will be used for AI computing power electronic circuit board projects and working capital. The resolutions require shareholder approval.

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Shenzhen Fast-Printing Co., Ltd. Announcement of Resolutions of the 17th Meeting of the Fourth Board of Directors

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

I. Convening of the Board Meeting

The 17th meeting of the Fourth Board of Directors of Shenzhen Fast-Printing Co., Ltd. (hereinafter referred to as the "Company") was held on June 12, 2026, through a combination of on-site and teleconference methods. The meeting notice was sent to all directors via email on June 5, 2026. Nine directors were eligible to vote, and nine directors actually voted. The convening of this board meeting complies with relevant laws, administrative regulations, departmental rules, normative documents, and the "Articles of Association."

II. Deliberation of Board Meeting Matters

The following proposals were deliberated and approved at this meeting:

(I) Proposal on the Company's Compliance with Conditions for Issuing Shares to Specific Targets

In accordance with the relevant provisions of 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"), and the "Administrative Measures for the Registration of Securities Issuances by Listed Companies" (hereinafter referred to as the "Administrative Measures"), and other laws, regulations, and normative documents, and after reviewing the Company's actual situation item by item against the qualifications and conditions for listed companies to issue shares to specific targets, the Board of Directors believes that the Company meets the requirements of relevant laws, regulations, and normative documents and meets the conditions for issuing shares to specific targets. The Board of Directors agrees that the Company will issue RMB ordinary shares (A shares) to specific targets.

This proposal was unanimously approved by the Audit Committee with 3 votes in favor. This proposal was unanimously approved by the first special meeting of independent directors in 2026 with 3 votes in favor.

The directors present voted 9 in favor, 0 against, and 0 abstained. This proposal still needs to be submitted to the shareholders' meeting for deliberation.

(II) Proposal on the Company's 2026 Plan for Issuing Shares to Specific Targets

In accordance with the requirements of the "Company Law," "Securities Law," and "Administrative Measures" regarding the issuance of shares to specific targets, the Company has formulated the plan for this issuance. The directors present deliberated this plan item by item, and the specific content and voting results are as follows:

  1. Type and Par Value of Shares to be Issued

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

The directors present voted 9 in favor, 0 against, and 0 abstained.

  1. Issuance Method and Timing

This issuance will be entirely conducted through issuance to specific targets, and all issuance targets will subscribe in cash. The Company will issue shares at an opportune time within the validity period of the registration documents obtained from the China Securities Regulatory Commission (CSRC).

  1. Issuance Targets and Subscription Method

The issuance targets for this issuance to specific targets will not exceed 35 (inclusive) qualified specific targets as stipulated by the CSRC, including fund management companies, securities companies, trust companies, financial companies, asset management companies, insurance institutional investors, qualified foreign institutional investors, other domestic legal person investors, natural persons, or other qualified investors. If a fund management company, securities company, qualified foreign institutional investor, or RMB qualified foreign institutional investor subscribes with more than 2 products managed by them, it will be considered one issuance target; if a trust company is an issuance target, it can only subscribe with its own funds.

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