Zhejiang Runyang New Materials Technology Co., Ltd.
Announcement of Resolutions of the 28th Meeting of the Fourth Board of Directors
The Company and all members of the Board of Directors guarantee the content of the information disclosed is true, accurate, and complete, and that there are no false representations, misleading statements, or material omissions.
I. Convening of the Board Meeting
The 28th meeting of the Fourth Board of Directors of Zhejiang Runyang New Materials Technology Co., Ltd. (hereinafter referred to as the "Company") was held on June 25, 2026, at 9:30 AM in the company's meeting room, both in person and via communication. The meeting notice was sent to all directors via email on June 18, 2026. Nine directors were eligible to attend, and nine directors actually attended. Senior management personnel of the Company attended the meeting. The meeting was convened and presided over by Chairman Yang Qingfeng. The notice, convening, holding, and voting procedures of this meeting comply with the "Company Law of the People's Republic of China," "Articles of Association," and other relevant regulations.
II. Deliberation of the Board Meeting
After careful deliberation by the attending directors, the following resolutions were formed at this meeting:
(I) Approval of the Proposal on the Company Meeting the Conditions for Issuing Shares to Specific Targets via Simplified Procedures
According to the "Company Law," "Securities Law," "Administrative Measures for the Registration and Issuance of Securities by Listed Companies," and the "Shenzhen Stock Exchange Listing Rules for Listed Companies," and other relevant laws, regulations, and normative documents, as well as the authorization from the Company's 2025 Annual General Meeting, the Company's Board of Directors, based on a thorough self-inspection and due diligence of the Company's actual situation and related matters, believes that the Company meets the conditions for issuing shares to specific targets via simplified procedures and is qualified to implement the issuance of shares to specific targets via simplified procedures.
The matters related to the Company's issuance of shares to specific targets via simplified procedures have been authorized by the Company's 2025 Annual General Meeting for the Board of Directors to implement. This issuance is subject to the approval of the Shenzhen Stock Exchange and registration with the China Securities Regulatory Commission before it can be implemented.
This proposal has been reviewed and approved by the Company's Board Strategy Committee and Audit Committee.
Resolution Result: 9 votes in favor, 0 votes against, 0 abstentions, 0 abstentions, this proposal was approved.
According to the resolution of the Company's 2025 Annual General Meeting, this matter falls within the scope of small-amount rapid financing matters authorized by the shareholders' meeting to the Board of Directors and does not require submission to the Company's shareholders' meeting for deliberation.
(II) Deliberation and Approval of the Proposal on the Company's 2026 Plan for Issuing Shares to Specific Targets via Simplified Procedures
According to the "Company Law," "Securities Law," "Administrative Measures for the Registration and Issuance of Securities by Listed Companies," and the "Shenzhen Stock Exchange Listing Rules for Listed Companies," and other relevant laws, regulations, and normative documents, as well as the authorization from the Company's 2025 Annual General Meeting, combined with the Company's actual situation, the Company has formulated the "2026 Plan for Issuing Shares to Specific Targets via Simplified Procedures" (hereinafter referred to as the "Current Issuance"). The specific contents are as follows:
Proposal 2.1: Type and Par Value of Shares to be Issued
The shares to be issued in this offering are RMB ordinary shares (A shares) listed in China, with a par value of RMB 1.00 per share.