Securities Code: 300305
Bond Code: 123144
Securities Abbreviation: Yuxing Shares
Bond Abbreviation: Yuxing Convertible Bond
Announcement Number: 2026-045
Jiangsu Yuxing Thin Film Technology Co., Ltd.
Announcement of Resolutions of the 20th Meeting of the 6th Board of Directors
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false records, misleading statements, or significant omissions.
Jiangsu Yuxing Thin Film Technology Co., Ltd. (hereinafter referred to as the "Company") issued a notice via email to all directors on July 22, 2026, to convene the 20th Meeting of the 6th Board of Directors. The meeting was held on July 28, 2026, at 2:00 PM in the company's conference room, combining on-site and written voting methods. Seven directors were eligible to attend, and seven directors attended, including three independent directors. The convocation and convening of the meeting complied with the relevant provisions of the "Company Law" and the "Articles of Association." The meeting was presided over by Chairman Mr. Wang Jianxin. After deliberation by all directors, the following resolution was passed:
I. Deliberation and Approval of the "Proposal on the Board of Directors' Proposal to Lower the Conversion Price of 'Yuxing Convertible Bond'"
Voting Results: 7 votes in favor, 0 votes against, 0 abstentions.
The closing price of the Company's stock has been below 85% of the current conversion price for 15 trading days from July 8, 2026, to July 28, 2026, triggering the downward adjustment clause for the conversion price of "Yuxing Convertible Bond."