Beijing Wanji Technology Co., Ltd. (hereinafter referred to as "the Company") guarantees that the content of this information disclosure is true, accurate, and complete, without any false records, misleading statements, or significant omissions.
The Company held the 23rd meeting of the 5th Board of Directors and the 10th meeting of the 5th Strategic Committee on March 30, 2026, where it reviewed and approved the proposal to authorize the board to handle matters related to the simplified issuance of stocks to specific objects. In light of the Company's development needs and actual circumstances, and in accordance with the relevant provisions of the "Administrative Measures for the Registration of Securities Issuance by Listed Companies" (hereinafter referred to as "the Registration Measures"), the board proposes to the shareholders' meeting to authorize the board to issue A-shares with a total financing amount not exceeding RMB 300 million and not exceeding 20% of the net assets at the end of the most recent year (hereinafter referred to as "this issuance"). The authorization period is from the date of approval by the 2025 annual shareholders' meeting until the date of the 2026 annual shareholders' meeting. The above matters need to be submitted to the Company's 2025 annual shareholders' meeting for deliberation. The specific content is as follows:
1. Specific Content of Authorization
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Confirm whether the Company meets the conditions for simplified issuance of stocks to specific objects. The board is authorized to conduct self-examination and verification based on the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Registration Measures," and other laws, regulations, normative documents, and the Company's articles of association, and confirm whether the Company meets the conditions for simplified issuance of stocks to specific objects.
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Types, quantities, and par value of securities to be issued. The stocks to be issued are RMB ordinary shares (A-shares) listed in China, with a par value of RMB 1.00 per share. The number of shares issued will be determined by dividing the total amount of funds raised by the issue price, and shall not exceed 30% of the total share capital of the Company before this issuance, corresponding to a fundraising amount not exceeding RMB 300 million and not exceeding 20% of the net assets at the end of the most recent year. The final number of shares to be issued will be determined by the board based on the authorization from the 2025 annual shareholders' meeting and negotiated with the sponsor (lead underwriter) according to specific circumstances. If the Company's stock undergoes changes in total share capital due to stock dividends, capital reserve transfers, or other reasons between the pricing reference date and the issuance date, the upper limit of the number of shares to be issued will be adjusted accordingly. The final number of shares issued will be subject to the quantity approved by the China Securities Regulatory Commission (CSRC).
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Method and timing of issuance. This issuance will adopt the method of simplified issuance to specific objects. The Company will complete the issuance payment within ten working days after passing the review by the Shenzhen Stock Exchange (hereinafter referred to as "SZSE") and after the CSRC makes a registration decision.