Stock Abbreviation: Changchuan Technology
Stock Code: 300604
Hangzhou Changchuan Technology Co., Ltd.
(Registered Address: No. 410 Jucai Road, Binjiang District, Hangzhou, Zhejiang Province)
2025 Issuance of Shares to Specific Targets and Listing on the ChiNext Market
Listing Announcement
Sponsor (Lead Underwriter): Huatai United Securities Co., Ltd.
(401, Building B7, Qianhai Shenzhen-Hong Kong Fund Town, No. 128 Guiwan 5th Road, Nanshan Street, Qianhai Shenzhen-Hong Kong Cooperation Zone, Shenzhen)
August 2026
Statement of All Directors and Senior Management of the Listed Company
All directors and senior management of the Company warrant that the contents of this listing announcement do not contain any false records, misleading statements, or major omissions, and assume individual and joint legal liability for the authenticity, accuracy, and completeness thereof.
All Directors:
Zhao Yi [blank]
Zhong Fenghao [blank]
Sun Feng [blank]
Xu Xin [blank]
Chen Jianghua [blank]
Zhang Haodai [blank]
Feng Xiao [blank]
Ning Ning [blank]
Li Qingfeng [blank]
Other Senior Management:
Shao Jingyang [blank]
Tang Yongjuan [blank]
Date: [blank]
Special Notice
- Number and Price of Issued Shares
(1) Number of shares issued: 11,163,580 shares
(2) Issue price: 280.11 RMB/share
(3) Total gross proceeds: 3,127,030,393.80 RMB
(4) Net proceeds: 3,092,071,701.14 RMB
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Arrangements for Listing of New Shares
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Number of shares to be listed: 11,163,580 shares
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Listing date: August 7, 2026. On the listing date of the new shares, the Company's stock price will not be adjusted for ex-rights, and the stock trading will be subject to price fluctuation limits.
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Subscription and Lock-up Period Arrangements
In accordance with the relevant regulations of the China Securities Regulatory Commission (CSRC) and the Shenzhen Stock Exchange, the shares issued to specific targets in this offering shall not be transferred within six months from the date of listing. Upon the expiration of the lock-up period, the shares shall be handled in accordance with the relevant regulations of the CSRC and the Shenzhen Stock Exchange.
- Upon completion of this issuance, the Company's equity distribution complies with the listing requirements of the Shenzhen Stock Exchange and will not result in the Company failing to meet the conditions for stock listing.
Table of Contents
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Statement of All Directors and Senior Management of the Listed Company
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Special Notice
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Table of Contents
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Definitions
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Basic Information of the Company
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Issuance of New Shares
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(1) Type and par value of issued shares
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(2) Relevant decision-making procedures for this issuance
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(3) Subscribers and subscription methods
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(4) Issue price and pricing principles
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(5) Number of shares issued
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(6) Raised funds and issuance expenses
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(7) Receipt of raised funds and capital verification
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(8) Establishment of special accounts for raised funds and signing of tripartite supervision agreements
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(9) Registration and custody of issued shares
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(10) Issuance targets
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(11) Conclusion of the Sponsor (Lead Underwriter) on the compliance of the issuance process and targets
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(12) Conclusion of the Issuer's legal counsel on the compliance of the issuance process and targets
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Listing of New Shares
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(1) Approval for listing of new shares
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(2) Stock abbreviation, stock code, and listing venue for new shares
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(3) Listing date of new shares
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(4) Lock-up arrangements for new shares
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Changes in Share Capital and Their Impact
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(1) Top ten shareholders before this issuance
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(2) Top ten shareholders after this issuance
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(3) Changes in share capital structure
(IV) Changes in shareholdings of directors and senior management .................................................... 25
(V) Impact of share changes on earnings per share and net assets per share .................................... 26