Announcement on Increasing Registered Capital, Amending the Articles of Association, and Completing Industrial and Commercial Change Registration and Amending Certain Governance Rules
The company and all members of the board of directors guarantee the content of the information disclosure is true, accurate, and complete, without false records, misleading statements, or major omissions.
Guangdong Qide New Material Co., Ltd. (hereinafter referred to as the "Company") held the third meeting of the Fifth Board of Directors on June 22, 2026, and reviewed and approved the "Proposal on Increasing Registered Capital, Amending the Articles of Association, and Completing Industrial and Commercial Change Registration" and the "Proposal on Amending Certain Governance Rules." The specific situation is announced as follows:
I. Increase in Registered Capital
As approved by the China Securities Regulatory Commission's "Approval on the Registration of Guangdong Qide New Material Co., Ltd.'s Private Placement of Shares" (Securities Regulatory License [2026] No. 501), the company issued 7,964,089 A ordinary shares at a par value of RMB 1.00 per share and an issue price of RMB 34.53 per share to specific targets. The shares issued were listed on June 16, 2026. The company's total share capital increased from the original 84,146,860 shares to 92,110,949 shares, and the company's registered capital changed from RMB 84,146,860 to RMB 92,110,949.
II. Amendments to the Articles of Association
In accordance with the "Company Law of the People's Republic of China," the "Transitional Arrangements for the Implementation of Supporting Rules and Regulations for the New Company Law," the "Securities Law of the People's Republic of China," the "Guidelines for Listed Company Articles of Association," and other laws, regulations, and guidelines, and in conjunction with the company's actual situation, the company intends to amend the registered capital and certain provisions of the Articles of Association. The specific details of the amendments are detailed in the attachment.
The proposed amendments to the Articles of Association are subject to approval by the Company's Second Extraordinary General Meeting of Shareholders in 2026. At the same time, the Board of Directors requests the General Meeting of Shareholders to authorize the Chairman or other authorized personnel to handle the industrial and commercial change registration and other related matters, and authorizes the handling personnel to make necessary modifications to the matters of change (filing) registration based on the approval opinions or requirements of the industrial and commercial registration authority or other relevant government departments. The specific changes will be subject to the version finally approved by the relevant authorities.
III. Amendments to Certain Governance Rules
The company intends to amend certain rules. The list of specific rules to be amended is as follows:
| No. | Rule Name | Amendment | Whether Shareholder Meeting Approval is Required |
|---|---|---|---|
| 1 | Rules of Procedure for Shareholders' Meetings | Amendment | Yes |
| 2 | Work Rules for the Secretary of the Board of Directors | Amendment | No |
| 3 | Internal Audit System | Amendment | No |
IV. Documents for Reference
- Resolution of the Third Meeting of the Fifth Board of Directors;
- Articles of Association and related rules and documents.
Hereby announced.
Guangdong Qide New Material Co., Ltd. Board of Directors June 22, 2026