Anhui Yingli Electronic Technology Co., Ltd. Announcement on Requesting Shareholders' Meeting to Authorize the Board of Directors to Handle Matters Related to Small and Quick Financing
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and have no false records, misleading statements, or major omissions.
Anhui Yingli Electronic Technology Co., Ltd. (hereinafter referred to as the "Company") held the 14th meeting of the Third Board of Directors on March 4, 2026, and reviewed and passed the "Proposal on Requesting the Shareholders' Meeting to Authorize the Board of Directors to Handle Matters Related to Small and Quick Financing."
In accordance with the "Administrative Measures for Securities Issuance Registration of Listed Companies" (hereinafter referred to as the "Registration Measures"), the "Shenzhen Stock Exchange Stock Listing Review Rules for Listed Companies," and the "Shenzhen Stock Exchange Implementation Rules for Securities Issuance and Underwriting Business," etc., the Company's Board of Directors hereby requests the Shareholders' Meeting to authorize the Board of Directors to decide on the issuance of shares to specific targets, with a total financing amount not exceeding RMB 300 million, and not exceeding 20% of the net assets at the end of the most recent year. The authorization period shall be from the date of approval by the 2025 annual shareholders' meeting to the date of the 2026 annual shareholders' meeting. The scope of this authorization includes the following:
- Confirmation of whether the Company meets the conditions for issuing shares to specific targets through simplified procedures (hereinafter referred to as "small and quick financing")
The authorization for the Board of Directors to, in accordance with the "Company Law of the People's Republic of China," the "Securities Law of the People's Republic of China," the "Registration Measures," and other laws, regulations, normative documents, and the "Articles of Association," conduct self-inspection and verification of the Company's actual situation and related matters, and confirm whether the Company meets the conditions for issuing shares to specific targets through simplified procedures.
- Type, quantity, and par value of shares to be issued
Ordinary shares (A shares) of RMB ordinary shares listed in China, with a par value of RMB 1.00 per share, to be issued to specific targets, with a total financing amount not exceeding RMB 300 million and not exceeding 20% of the net assets at the end of the most recent year. The number of shares issued shall be determined by dividing the total amount of raised funds by the issuance price, and shall not exceed 30% of the Company's total share capital before the issuance.
- Issuance method, issuance targets, and arrangements for allocation to existing shareholders