Securities Code: 300736
Securities Abbreviation: Baibang Technology
Announcement No.: 2026-038
Beijing Baihua Yuebang Technology Co., Ltd.
Announcement on the Revision of the Proposal and Related Documents for the Company's 2026 Private Placement of Shares
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed in this announcement, and that there are no false records, misleading statements, or significant omissions.
Beijing Baihua Yuebang Technology Co., Ltd. (hereinafter referred to as the "Company")'s proposal for the 2026 private placement of shares was reviewed and approved by the Fifth Board of Directors at its Fifth Meeting. For details, please refer to the relevant announcement disclosed by the Company on the China Securities Regulatory Commission's designated information disclosure website, Juchao Information Network (http://www.cninfo.com.cn), on April 1, 2026.
On July 13, 2026, the Company held the Seventh Meeting of the Fifth Board of Directors, which reviewed and approved the "Proposal on the Revised Draft of the Company's 2026 Private Placement of Shares" and the "Proposal on the Revised Draft of the Company's 2026 Private Placement of Shares Proposal," among other related proposals, and made adjustments to the current private placement plan.
I. Adjustments to the Issuance Plan
(I) Pricing Benchmark Date and Issue Price
Before Adjustment:
The pricing benchmark date for this issuance is the date of the announcement of the resolution of the Fifth Meeting of the Fifth Board of Directors. The issue price for this private placement of shares is RMB 16.71 per share, which is not less than 80% of the average daily closing price of the Company's shares for the twenty trading days prior to the pricing benchmark date. Average daily closing price for the twenty trading days prior to the pricing benchmark date = Total trading volume of shares in the twenty trading days prior to the pricing benchmark date ÷ Total trading volume of shares in the twenty trading days prior to the pricing benchmark date.
If the Company's shares undergo ex-rights and ex-dividend events such as cash dividend distribution, stock dividend distribution, or capital reserve transfer to share capital during the period from the pricing benchmark date to the issuance date, the issue price will be adjusted accordingly. The adjustment formula is as follows:
Cash dividend distribution: P1 = P0 - D
Stock dividend distribution or capital reserve transfer to share capital: P1 = P0 / (1 + N)
Both occurring simultaneously: P1 = (P0 - D) / (1 + N)
Where, P0 is the pre-adjustment issue price, D is the cash dividend per share, N is the number of stock dividends or capital reserve transfers to share capital per share, and P1 is the adjusted issue price.
During the period from the pricing benchmark date to the issuance date, if the China Securities Regulatory Commission, the Shenzhen Stock Exchange, or other securities regulatory authorities adjust the relevant regulations or policies regarding the issuance pricing mechanism, such as the issue price and pricing benchmark date, the issue price for this issuance will be adjusted accordingly.