Stock Abbreviation: Hajime Technology
Stock Code: 301000
[Image: Company Logo]
Shanghai Hajime Advanced Material Technology Co., Ltd.
(No. 633 Qinwan Road, Jinshanwei Town, Jinshan District, Shanghai)
Summary of the Prospectus for Issuing Convertible Corporate Bonds to Unspecified Qualified Investors
Sponsor (Lead Underwriter)
[Image: CITIC Securities Logo]
CITIC Securities Company Limited
North Tower, Excellence Times Plaza (Phase II), No. 8 Zhongxin 3rd Road, Futian District, Shenzhen, Guangdong Province
July 2026
Statement
The decisions or opinions made by the CSRC or the stock exchange regarding this issuance do not imply any guarantee of the authenticity, accuracy, or completeness of the application documents and disclosed information, nor do they constitute a substantive judgment or guarantee of the issuer's profitability, investment value, or investor returns. Any statement to the contrary is a false and misleading representation.
According to the Securities Law, after the securities are issued in accordance with the law, the issuer is solely responsible for changes in its operations and earnings. Investors shall independently judge the investment value of the issuer, make their own investment decisions, and bear the investment risks arising from changes in the issuer's operations and earnings or fluctuations in securities prices after the issuance.
Major Matters Notice
The Company specifically reminds investors to carefully read the full text of this prospectus and pay special attention to the following important matters before making investment decisions.
I. Special Risk Warnings
The Company requests that investors carefully read the full "Risk Factors" section of this prospectus and pay special attention to the following risks:
(I) Risk of Customer Development and Loss
Since its inception, the Company has been committed to the R&D, production, and sales of precision injection molded parts and molds, providing high-quality products to premium customers in the automotive and home appliance industries. The Company has established long-term, stable cooperative relationships with many well-known domestic and international enterprises. During the reporting period, sales to the top five major customers accounted for 44.38%, 43.38%, and 46.59% of operating revenue, respectively. These customers have set high standards for supplier selection and management, with strict requirements for supply and service capabilities and technical standards. If the Company's technical strength or product quality fails to meet customer requirements in the future, it may face the risk of losing existing customer resources and difficulties in developing new customers.
(II) Risk of Declining Gross Margin
During the reporting period, the Company's gross margin for main business was 32.09%, 34.30%, and 32.86%, respectively, showing some volatility, mainly due to changes in product and customer structure. The prices of the Company's main automotive precision injection molded parts are significantly affected by industry cycles, while home appliance and electronic precision injection molded parts are subject to rapid iteration, short product life cycles, and high risks of price reduction promotions. The prices of plastic resin raw materials used in the Company's main products fluctuate significantly, influenced by macroeconomic and other external factors. If the Company's average product selling price continues to decline due to failure to meet customer needs, or if the prices of major raw materials continue to rise due to emergencies or external environmental changes, the gross margin of the main business faces the risk of a sustained decline, which would adversely affect the Company's sustained profitability.
(III) Risk of Performance Decline