Fujian Ashi Innovation Materials Co., Ltd. (hereinafter referred to as "the Company") held the 11th (temporary) meeting of the 4th Board of Directors and the first temporary shareholders' meeting of 2025, where relevant proposals regarding the issuance of A-shares to specific objects in 2025 (hereinafter referred to as "this issuance") were reviewed and approved. The shareholders' meeting authorized the board of directors to handle all matters related to this issuance.
On April 7, 2026, the Company convened the 12th (temporary) meeting of the 4th Board of Directors, which reviewed and approved the proposal on the "Revised Plan for Issuing A-Shares to Specific Objects in 2025." The main revisions are as follows: