Securities Code: 300395 Securities Abbreviation: Feilong Hua Announcement Number: 2026-44 Hubei Feilong Quartz Glass Co., Ltd. Announcement on the Establishment of a Joint Venture Company for Project Construction 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 significant omissions.
I. Overview of External Investment
(1) Hubei Feilong Quartz Glass Co., Ltd. (hereinafter referred to as the "Company") held the second meeting of the seventh Board of Directors on June 9, 2026, and reviewed and approved the "Proposal on the Establishment of a Joint Venture Company for Project Construction." The Company intends to jointly invest with Wuhan Changyingtong Optoelectronics Technology Co., Ltd. (hereinafter referred to as "Changyingtong") and Hubei Changyi Guoying Venture Capital Partnership (Limited Partnership) (hereinafter referred to as "Changyi Guoying") to establish Hubei Jutong Quartz New Materials Co., Ltd. (provisional name, hereinafter referred to as the "Project Company") in the Jingzhou Economic and Technological Development Zone, Hubei Province. The parties will jointly invest in the construction of the "High-Purity Precision Quartz Material Project for Optical Fiber Components," mainly producing products such as liners and sleeves for optical fiber components, with an estimated annual production capacity of 70 tons. The registered capital of the Project Company is RMB 100 million. The Company will contribute RMB 51 million in cash, accounting for 51.00%; Changyingtong will contribute RMB 20 million in cash, accounting for 20.00%; and Changyi Guoying will contribute RMB 29 million in cash, accounting for 29.00%. The Company's contribution will be funded by its own capital.
(2) This external investment matter has been reviewed and approved by the Company's Board of Directors. The Board of Directors has authorized the management and its authorized personnel to handle relevant matters and sign relevant contracts and documents for this project. In accordance with the "Shenzhen Stock Exchange GEM Stock Listing Rules" and the "Articles of Association," this external investment matter falls within the decision-making authority of the Company's Board of Directors and does not require submission to the Company's shareholders' meeting for approval.
(3) This external investment matter does not constitute a related-party transaction, nor does it constitute a major asset restructuring as stipulated in the "Measures for the Administration of Major Asset Restructuring of Listed Companies."
II. Introduction of Joint Investors
(1) Wuhan Changyingtong Optoelectronics Technology Co., Ltd. Enterprise Type:股份有限公司(Listed, privately held or controlled) Unified Social Credit Code: 914201005550145025 Date of Establishment: May 18, 2010 Registered Capital: 12878.0802 million RMB Registered Address: No. 80, Gaoxin 5th Road, East Lake Development Zone, Wuhan City Legal Representative: Pi Yabin Business Scope: Research, development, production, and sales of special optical fibers, optical cables, special optical devices, new materials for optoelectronic products, new materials for packaging and printing, thermal energy storage materials, and special equipment; provision of technical and engineering services for the aforementioned products; import and export of goods, technology import and export, and agency import and export (excluding goods or technologies prohibited or restricted from import and export by the state). (Projects subject to special national regulations within the above scope shall be operated after approval or with a permit within the approved period) Equity Structure: Wuhan Changyingtong Optoelectronics Technology Co., Ltd. is an A-share listed company. As of March 31, 2026, Pi Yabin holds 18.50% of the shares and is the controlling shareholder and actual controller; Wuhan Yingzhong Investment Partnership (Limited Partnership), controlled by Pi Yabin, holds 3.13%. Changyingtong and its main shareholders and actual controller are not listed as dishonest judgment debtors, and they have no relationship with the Company, the Company's controlling shareholder and actual controller, shareholders holding more than 5% of the shares, or the Company's directors and senior management.