Shenzhen Increase Technology Co., Ltd.
Address: 1101, Building E1, TCL Science Park, 1001 Zhongshanyuan Road, Xili Street, Nanshan District, Shenzhen
2026 Plan for Issuance of Shares to Specific Targets (Second Revised Draft)
August 2026
Issuer Statement
-
The company and all members of the Board of Directors guarantee that the contents of this plan are true, accurate, and complete, and confirm that there are no false records, misleading statements, or major omissions.
-
This plan is prepared in accordance with the Securities Law of the People's Republic of China, the Administrative Measures for the Issuance and Registration of Securities by Listed Companies, and other requirements.
-
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.
-
This plan is the Board of Directors' explanation of this issuance of shares to specific targets, and any statement to the contrary is a false statement.
-
If investors have any questions, they should consult their stockbroker, lawyer, professional accountant, or other professional advisor.
-
The effectiveness and completion of the matters related to this issuance of shares to specific targets are subject to approval by the Shenzhen Stock Exchange and the registration approval by the China Securities Regulatory Commission. Any decision or opinion made by the China Securities Regulatory Commission, the Shenzhen Stock Exchange, or other regulatory departments regarding this issuance does not constitute a substantive judgment or guarantee of the value of the company's shares or investor returns.
Important Notice
-
The matters related to this issuance of shares to specific targets have been approved at the sixth meeting of the fourth session of the Board of Directors. The issuance plan is subject to approval by the Shenzhen Stock Exchange and the registration approval by the China Securities Regulatory Commission before implementation.
-
The number of targets for this issuance shall not exceed 35 (inclusive), including securities investment fund management companies, securities companies, insurance institutional investors, trust companies, financial companies, qualified foreign institutional investors, and other legal entities, natural persons, or other qualified investors that meet the conditions stipulated by the China Securities Regulatory Commission.
The final targets will be determined by the Board of Directors, based on authorization from the shareholders' meeting, in consultation with the sponsor (lead underwriter) after the issuance is approved by the Shenzhen Stock Exchange and the China Securities Regulatory Commission.
All targets for this issuance will subscribe to the shares at the same price in cash.
- The total amount of funds to be raised shall not exceed 345.9556 million RMB (inclusive). After deducting relevant issuance expenses, the net proceeds will be used for the following projects:
| No. | Project Name | Total Investment | Proposed Proceeds |
|---|---|---|---|
| 1 | Intelligent High-Frequency Switching Power Supply System Production Project | 14,942.79 | 11,945.51 |
| 2 | Intelligent High-Frequency Switching Power Supply Module Automation and Technical Upgrade Project | 5,497.38 | 5,235.60 |
| 3 | Marketing Network and Informatization Construction Project | 5,247.43 | 2,753.15 |
| 4 | Intelligent High-Frequency Switching Power Supply System R&D Center Project | 4,600.36 | 4,381.30 |
| 5 | Working Capital Supplement | 10,280.00 | 10,280.00 |
| Total | 40,567.96 | 34,595.56 |
Before the proceeds are available, the company may use self-raised funds to invest in the projects based on actual progress and replace them with the proceeds once they are available.
- 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.