Stock Code: 300432 Stock Abbreviation: Fulin Precision
Fulin Precision Co., Ltd.
FULIN PRECISION CO., LTD. (No. 37, Fenghuang Middle Road, High-end Manufacturing Industrial Park, Mianyang City, Sichuan Province)
Plan for Issuance of Shares to Specific Targets
(Revised Draft)
July 2026
Company Statement
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The Company and all members of the Board of Directors guarantee that the contents of this plan do not contain any false records, misleading statements, or major omissions, and assume individual and joint liability for the authenticity, accuracy, and completeness of its contents.
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This plan is prepared in accordance with the Company Law, the Securities Law, the Registration Management Measures, and other relevant laws, regulations, departmental rules, and normative documents.
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Upon completion of this issuance of shares to specific targets, the Company shall be solely responsible for changes in its operations and earnings; investors shall be solely responsible for investment risks arising from this issuance.
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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. The effectiveness and completion of the matters described herein are subject to the approval and registration of the relevant authorities.
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If investors have any questions, they should consult their stock brokers, lawyers, professional accountants, or other professional advisors.
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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In accordance with the Company Law, the Securities Law, the Registration Management Measures, and other relevant laws, regulations, and normative documents, the Board of Directors, after careful self-examination and demonstration of the actual situation and relevant matters, believes that the Company meets the conditions for issuing shares to specific targets.
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The matters related to this issuance have been deliberated and approved by the 30th, 34th, and 37th meetings of the 5th Board of Directors and the 2nd Extraordinary General Meeting of 2026. They are subject to review and approval by the Shenzhen Stock Exchange and the registration decision by the CSRC before implementation.
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The target of this issuance is CATL, which intends to subscribe for the full amount in cash. Upon completion of this issuance, CATL will become a shareholder holding more than 5% of the Company's shares, thus constituting a related-party transaction. CATL has signed the Share Subscription Agreement, the Supplementary Agreement to the Share Subscription Agreement, and the Second Supplementary Agreement to the Share Subscription Agreement with the Company.
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The pricing base date for this issuance is the first day of the issuance period. The issuance price shall not be lower than 80% of the average trading price of the Company's shares for the 20 trading days preceding the pricing base date (excluding the pricing base date). The average trading price for the 20 trading days preceding the pricing base date = total trading volume for the 20 trading days preceding the pricing base date / total trading volume for the 20 trading days preceding the pricing base date, rounded up to two decimal places. If the Company undergoes ex-rights or ex-dividend events such as dividend distribution, bonus shares, or capitalization of capital reserves between the pricing base date and the issuance date, the issuance price will be adjusted accordingly. If the CSRC or the Shenzhen Stock Exchange adjusts the pricing policy during this period, the issuance price will be adjusted accordingly.
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The number of shares to be issued shall be determined by dividing the total amount of raised funds by the issuance price, not exceeding 233,149,124 shares (inclusive) and not less than 89,987,382 shares (inclusive), and not exceeding 30% of the total share capital of the Company before the issuance, subject to the registration decision of the CSRC. If the Company undergoes ex-rights events such as bonus shares or capitalization of capital reserves between the pricing base date and the issuance date, the number of shares will be adjusted accordingly.