Securities Code: 003022 Securities Abbreviation: Lianhong New Material Announcement No.: 2026-008
Lianhong New Material Technology Co., Ltd. Announcement on Requesting Shareholders' Meeting to Authorize the Board of Directors to Handle Small and Fast Financing Matters
The Company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, and there are no false records, misleading statements, or major omissions.
To further broaden financing channels, improve financing efficiency, and reduce financing costs, Lianhong New Material Technology Co., Ltd. (hereinafter referred to as the "Company") held the eleventh meeting of the third Board of Directors on March 27, 2026, and reviewed and approved the "Proposal on Requesting the Shareholders' Meeting to Authorize the Board of Directors to Handle Small and Fast Financing Matters." According to the "Administrative Measures for the Registration of Securities Offerings by Listed Companies" (hereinafter referred to as the "Registration Measures"), the "Shenzhen Stock Exchange Stock Listing Review Rules," and the "Shenzhen Stock Exchange Securities Offering and Underwriting Business Implementation Rules," etc., the Company's Board of Directors hereby requests the Shareholders' Meeting to authorize the Board of Directors to handle matters related to issuing shares to specific targets through simplified procedures (hereinafter referred to as "small and fast financing"). The total financing amount shall not exceed RMB 300 million and shall not exceed 20% of the net assets at the end of the most recent year. The authorization period shall be from the date of approval by the Company's 2025 annual shareholder meeting to the date of the 2026 annual shareholder meeting. This authorization covers the following matters:
I. Confirmation of the Company's eligibility for issuing shares to specific targets through simplified procedures
The Board of Directors is authorized to conduct self-inspection and argumentation in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Registration Measures," and other relevant laws, regulations, normative documents, and the "Articles of Association of Lianhong New Material Technology Co., Ltd." (hereinafter referred to as the "Articles of Association") to confirm whether the Company meets the conditions for issuing shares to specific targets through simplified procedures.
II. Type, number, and par value of shares to be issued
The shares to be issued are RMB ordinary shares (A shares) listed in China, with a par value of RMB 1.00 per share. The total amount of funds raised from the issuance of shares shall not exceed RMB 300 million and shall not exceed 20% of the net assets at the end of the most recent year. The number of shares to be issued shall be determined by dividing the total amount of funds raised by the issue price, and shall not exceed 30% of the Company's total share capital before the issuance.
III. Issuance method, issuance targets, and arrangements for placement to existing shareholders