Securities Code: 300502 Securities Abbreviation: Newlight Announcement No.: 2026-026 Chengdu Newlight Communication Technology Co., Ltd. Announcement of Resolutions of the 14th Meeting of the Fifth Board of Directors The Company and all members of the Board of Directors guarantee the information disclosed is true, accurate, and complete, and that there are no false representations, misleading statements, or material omissions.
I. Convening of the Board Meeting
The 14th meeting of the Fifth Board of Directors of Chengdu Newlight Communication Technology Co., Ltd. (hereinafter referred to as the "Company") was notified to all directors on June 9, 2026, via communication and on-site notice. All directors unanimously agreed to waive the notice period requirement and held the meeting on-site in the Company's conference room on June 10, 2026. Seven directors were eligible to attend, and seven were present, which complies with the provisions of the "Company Law of the People's Republic of China" (hereinafter referred to as the "Company Law") and the "Articles of Association of Chengdu Newlight Communication Technology Co., Ltd." (hereinafter referred to as the "Articles of Association"). The resolutions formed were legal and valid. Some senior management personnel of the Company attended the meeting. The meeting was chaired by Chairman Gao Guangrong, with voting conducted by signed ballot.
II. Deliberation of the Board Meeting
- Deliberation and Approval of the "Proposal on the Company's Issuance of H-Share Stock and Listing on the Stock Exchange of Hong Kong Limited"
To further enhance the Company's capital strength, comprehensive competitiveness, and international influence, the Company proposes to issue offshore listed shares (H-shares) and apply for listing on the Main Board of The Stock Exchange of Hong Kong Limited (hereinafter referred to as the "Hong Kong Stock Exchange") (hereinafter referred to as the "Proposed Issuance and Listing" or the "Proposed Issuance").
The Proposed Issuance and Listing will be conducted in accordance with the "Company Law," the "Securities Law of the People's Republic of China," the "Trial Measures for the Administration of Overseas Issuance and Listing of Securities by Domestic Enterprises," the "Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited" (hereinafter referred to as the "Hong Kong Listing Rules"), and relevant regulations of Hong Kong, China, regarding the issuance and listing of shares in Hong Kong by companies registered and established in mainland China. It will require approvals, authorizations, or filings from relevant government authorities such as the China Securities Regulatory Commission (hereinafter referred to as the "CSRC"), the Hong Kong Stock Exchange, and the Securities and Futures Commission of Hong Kong (hereinafter referred to as the "SFC").
This proposal has been reviewed and approved by the Company's Board Strategy Committee and the Independent Directors' Special Committee.
The vote was 7 in favor, 0 against, and 0 abstentions. This proposal needs to be submitted to the Company's Second Extraordinary General Meeting in 2026 for consideration.
- Deliberation and Approval of the "Proposal on the Plan for the Company's Issuance of H-Share Stock and Listing on The Stock Exchange of Hong Kong Limited"
The specific plan for the Company's Proposed Issuance and Listing is as follows:
2.01 Listing Location The H-share stock to be issued is proposed to be listed on the Main Board of the Hong Kong Stock Exchange. Voting Result: 7 votes in favor, 0 votes against, 0 abstentions.
2.02 Type and Par Value of Shares to be Issued The shares to be issued are offshore listed shares (H-shares) to be listed on the Main Board of the Hong Kong Stock Exchange. They are all ordinary shares, denominated in RMB, subscribed in foreign currency, with a par value of RMB 1.00 per share. Voting Result: 7 votes in favor, 0 votes against, 0 abstentions.