Securities Code: 300051 Securities Abbreviation: LianSheng Technology Announcement Number: 2026-053
LianSheng Technology Co., Ltd. Announcement on Supplementary Agreement to Conditional Share Subscription Agreement with Specific Object and Connected Transaction
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
Key Information Prompt: The Board of Directors of LianSheng Technology Co., Ltd. (hereinafter referred to as the "Company") has reviewed and approved the adjustment of the pricing benchmark date for the Company's 2025 annual issuance of shares to specific objects (hereinafter referred to as "this issuance" or "this issuance to specific objects") from "the announcement date of the second meeting of the seventh Board of Directors" to "the first day of the issuance period." The issue price and issue size will be adjusted accordingly.
The Company held the first meeting of the Strategic Committee of the Board of Directors in 2026 on June 9, 2026, and the fourth meeting of the Audit Committee of the Board of Directors in 2026, the special meeting of independent directors of the Board of Directors in 2026, and the eleventh meeting of the seventh Board of Directors on June 10, 2026. These meetings reviewed and approved the proposals related to the Company adjusting the pricing benchmark date, issue price, and issue size for this issuance and signing a supplementary agreement. For details, please refer to the "Announcement on the Resolution of the Eleventh Meeting of the Seventh Board of Directors" (Announcement Number: 2026-051) and the "Announcement on Adjusting the Issue Price and Issue Size of Shares Issued to Specific Objects" (Announcement Number: 2026-052) disclosed by the Company on the same day on the Juchao Information Network (http://www.cninfo.com.cn).
On June 10, 2026, the Company signed the "Supplementary Agreement (I) to the Conditional Share Subscription Agreement with Specific Object of LianSheng Technology Co., Ltd." (hereinafter referred to as "Supplementary Agreement (I)") with Hainan LianSheng Technology Co., Ltd. (hereinafter referred to as "Hainan LianSheng"). Given that the Company and Hainan LianSheng signed the "Conditional Share Subscription Agreement with Specific Object of LianSheng Technology Co., Ltd." (hereinafter referred to as the "Share Subscription Agreement" or the "Original Agreement") on December 15, 2025, the two parties have, through negotiation and confirmation, agreed to adjust part of the content of the "Share Subscription Agreement" as follows: The pricing benchmark date for this issuance to specific objects will be the first day of the issuance period, and the issue price will be no less than 80% of the average trading price of the Company's shares in the 20 trading days prior to the pricing benchmark date. The issue size will be determined by dividing the total amount to be raised by the issue price (if the result is less than 1 share, the fractional part will be rounded down), and will not exceed 30% of the Company's total share capital before this issuance, nor will it exceed 82,746,478 shares. Hainan LianSheng agrees to subscribe for all shares issued by the Company in this issuance in accordance with the relevant agreements in the "Share Subscription Agreement" and "Supplementary Agreement (I)".
Hainan LianSheng is the controlling shareholder of the Company. This transaction constitutes a connected transaction. Related directors abstained from voting when the Board of Directors considered the aforementioned proposal, and non-related directors reviewed and unanimously approved the aforementioned proposal.
This transaction does not constitute a major asset restructuring or a backdoor listing as stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies."
This issuance to specific objects is subject to review and approval by the Shenzhen Stock Exchange and registration with the China Securities Regulatory Commission.