National Technology Securities Code: 300077 Securities Abbreviation: National Technology Announcement No.: 2026-031 National Technology Co., Ltd. Announcement on Signing the Third Supplemental Agreement to the Capital Increase Agreement with POSCO FUTURE M
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.
National Technology Co., Ltd. (hereinafter referred to as "National Technology" or "the Company") held the 19th meeting of the Sixth Board of Directors on April 29, 2026, and reviewed and approved the "Proposal on Signing the Third Supplemental Agreement to the Capital Increase Agreement with POSCO FUTURE M". The details are as follows:
I. Transaction Overview
On November 10, 2021, the Company, POSCO FUTURE M Co., LTD (formerly POSCO CHEMICAL CO., LTD, renamed in March 2023, hereinafter referred to as "POSCO FUTURE M"), HUAyou Cobalt Co., Ltd. (hereinafter referred to as "HUAyou Cobalt"), and the Company's holding subsidiary Inner Mongolia SINO New Material Technology Co., Ltd. (hereinafter referred to as "Inner Mongolia SINO") signed a "Capital Increase Agreement". The agreement stipulated that POSCO FUTURE M would increase capital in Inner Mongolia SINO by RMB 141,176,471, acquiring a portion of Inner Mongolia SINO's equity.
Concurrently, the "Capital Increase Agreement" included a share repurchase clause. The IPO deadline stipulated in the repurchase clause has passed on January 7, 2025, and the conditions were not met. Therefore, according to the "Capital Increase Agreement", POSCO FUTURE M has the right to request National Technology to repurchase all of its equity in Inner Mongolia SINO acquired through this capital increase. The repurchase price is the capital increase amount already paid by POSCO FUTURE M (i.e., RMB 141,176,471).