Stock Abbreviation: Bestway Marine
Stock Code: 300008
Bestway Marine & Energy Technology Co., Ltd.
2026 Plan for Issuance of A-Shares to Specific Targets
(Revised Draft)
July 2026
Statement
The Company and all members of the Board of Directors guarantee that the contents of this plan are true, accurate, and complete, and confirm that there are no false records, misleading statements, or major omissions, and assume individual and joint legal liability for the authenticity, accuracy, and completeness of the contents of this plan.
This plan is prepared 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 Issuance of Securities by Listed Companies, and other laws, regulations, and normative documents.
After the completion of this issuance of shares to specific targets, the Company shall be solely responsible for changes in its operations and earnings; investment risks arising from this issuance shall be borne by the investors themselves.
This plan is the Board of Directors' explanation of this issuance of shares to specific targets; any statement to the contrary is a false statement.
Investors with any questions should consult their stockbrokers, lawyers, professional accountants, or other professional advisors.
The matters described in this plan do not represent a substantive judgment, confirmation, or approval by the approval authorities regarding the matters related to this issuance of shares to specific targets. The effectiveness and completion of the matters related to this issuance are subject to the approval or registration of the relevant approval authorities.
Special Notice
The terms or abbreviations used in this section have the same meanings as those defined in the "Definitions" section of this plan.
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The plan for this issuance of shares to specific targets has been deliberated and approved at the 21st meeting of the 6th Board of Directors, the 2nd meeting of the 6th Board of Directors' Strategy Committee in 2026, the 10th meeting of the 6th Board of Directors' Independent Directors, and the 1st Extraordinary General Meeting of Shareholders in 2026. It can only be implemented after being reviewed and approved by the Shenzhen Stock Exchange and registered with the China Securities Regulatory Commission (CSRC).
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The scope of targets for this issuance includes securities investment fund management companies, securities companies, insurance institutional investors, trust investment companies, finance companies, qualified foreign institutional investors (QFII), and other legal entities, natural persons, or other qualified investors that meet the requirements of the CSRC. The number of targets shall not exceed 35 (inclusive). If securities investment fund management companies, securities companies, wealth management companies, insurance companies, QFIIs, or RMB qualified foreign institutional investors (RQFIIs) subscribe with two or more products under their management, they shall be regarded as one target; trust investment companies subscribing as targets may only use their own funds.
The final specific targets will be determined by the Board of Directors, within the scope authorized by the General Meeting of Shareholders, through consultation with the sponsor (lead underwriter) based on the results of the issuance inquiry after the Company receives the CSRC's approval for registration.
If regulatory authorities have other provisions regarding the shareholder qualifications and corresponding review procedures for the targets, such provisions shall prevail.
All targets for this issuance shall subscribe to the shares in RMB cash.
- The pricing benchmark date for this issuance is the first day of the issuance period. The issue price shall not be lower than the floor price, which is 80% of the average trading price of the Company's shares for the 20 trading days preceding the pricing benchmark date. Average trading price for the 20 trading days = total trading volume for the 20 trading days preceding the pricing benchmark date / total trading volume for the 20 trading days preceding the pricing benchmark date. If the Company experiences ex-rights or ex-dividend events such as dividend distribution, bonus shares, or capitalization of capital reserves during these 20 trading days, the trading price for the days prior to the adjustment shall be calculated based on the adjusted prices.