Announcement on the Dilution of Immediate Returns from the Issuance of Stocks to Specific Objects in 2026
Beijing Baihua Yuebang Technology Co., Ltd. (hereinafter referred to as "the Company" or "Baihua Technology") and all members of the board of directors guarantee that the content of this announcement is true, accurate, and complete, with no false records, misleading statements, or significant omissions.
Important Content Reminder:
The following analysis and description regarding the impact of the stock issuance on the Company's main financial indicators do not constitute a profit forecast. Investors should not base their investment decisions solely on this analysis and description. The Company will not bear any responsibility for losses incurred by investors making decisions based on this information. The formulation of measures to compensate for returns does not guarantee future profits for the Company.
The Company’s relevant proposals regarding the issuance of stocks to specific objects were approved at the fifth meeting of the fifth session of the board of directors held on March 30, 2026. In accordance with the "Opinions of the General Office of the State Council on Further Strengthening the Protection of the Legal Rights and Interests of Small and Medium Investors in the Capital Market" (Guo Ban Fa [2013] No. 110), "Several Opinions of the State Council on Further Promoting the Healthy Development of the Capital Market" (Guo Fa [2014] No. 17), and the "Guidance on Matters Related to the Dilution of Immediate Returns in Initial Public Offerings, Refinancing, and Major Asset Restructuring" (China Securities Regulatory Commission Announcement [2015] No. 31), the Company has analyzed the impact of this stock issuance on immediate returns and formulated specific measures to compensate for returns to protect the interests of small and medium investors. The relevant parties of the Company have committed to ensuring the effective implementation of these compensation measures.