I. Convening of the Board Meeting
Wuhan Raycus Fiber Laser Technologies Co., Ltd. (hereinafter referred to as "Raycus Laser" or the "Company") held its 27th meeting of the 4th Board of Directors on June 29, 2026, at 15:00 via an on-site meeting. The meeting was convened and presided over by Chairman Chen Zhengbing. The notice was delivered to all directors via email on June 24, 2026. There are 9 incumbent directors, and 9 directors participated in the voting. Some senior management personnel attended the meeting as non-voting delegates. The procedures for convening, holding, and voting at the meeting complied with the Company Law of the People's Republic of China, the Articles of Association, and relevant laws and regulations. The resolutions made are legal and valid.
II. Deliberations of the Board Meeting
The meeting reviewed and approved the following proposals:
- The "Proposal on Ruixin Company Carrying Out the Second Phase Construction Project of the High-Power Doped Specialty Fiber Digital Production Line" was approved with 9 votes in favor, 0 against, 0 abstentions, and 0 recusals.
To seize industry development opportunities and expand market competitive advantages, the Company's subsidiary, Ruixin Company, plans to carry out the second phase construction project of the high-power doped specialty fiber digital production line. The total investment for this project is 53.16 million RMB. The project will add core equipment such as MCVD systems, PCVD plasma chemical vapor deposition systems, and specialty fiber drawing towers to further enhance Ruixin Company's R&D and production capabilities for specialty fibers used in communications, LiDAR, laser medical, and other fields, consolidate the research and industrialization achievements of new technologies, and enhance industrial risk resistance and market competitiveness.