Jin San Jiang (Zhaoqing) Silicon Material Co., Ltd.
Announcement of the Resolution of the Third Board of Directors Meeting
The Company and all members of the Board of Directors guarantee that the content of the information disclosure is true, accurate, and complete, and that there are no false records, misleading statements, or major omissions.
I. Convening of the Board Meeting
The Third Board Meeting of Jin San Jiang (Zhaoqing) Silicon Material Co., Ltd. (hereinafter referred to as the "Company") was held in the Company's conference room on June 12, 2026 (Friday) through on-site and teleconference methods. The meeting notice was sent to all directors via email on June 5, 2026. Five directors were eligible to attend, and five directors actually attended.
The meeting was presided over by Chairman Mr. Zhao Guofa, and some senior management personnel were present. The meeting was convened in accordance with the relevant provisions of laws, regulations, normative documents, and the Articles of Association of the Company.
II. Deliberation of the Board Meeting
(I) Deliberation and Approval of the Proposal on "Further Clarifying the Plan for the Company's Issuance of Convertible Corporate Bonds to Unspecified Objects"
The Company has obtained the "Approval for the Registration of Jin San Jiang (Zhaoqing) Silicon Material Co., Ltd.'s Issuance of Convertible Corporate Bonds to Unspecified Objects" (Securities Regulatory License (2026) No. 698) issued by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC"), agreeing to the Company's application for the registration of issuing convertible corporate bonds to unspecified objects. Based on the authorization of the Company's shareholders' meeting, the Company's Board of Directors has further clarified the plan for this issuance of convertible corporate bonds in accordance with the requirements of relevant laws and regulations, combined with the Company's actual situation and market conditions.
The directors attending the meeting voted on this proposal item by item, and the voting results are as follows:
1.01 Type of Securities to be Issued
The type of securities to be issued this time is convertible corporate bonds that can be converted into the Company's A-share stocks. These convertible corporate bonds and the A-share stocks of the Company to be converted in the future will be listed on the Shenzhen Stock Exchange.
Voting Result: 5 votes in favor, 0 votes against, 0 abstentions.
1.02 Issuance Scale and Number of Shares
The total amount of funds to be raised by this issuance of convertible bonds is RMB 290,000,000, and the number of shares to be issued is 2,900,000.
1.03 Face Value and Issuance Price
The face value of each convertible corporate bond to be issued this time is RMB 100, and it will be issued at face value.
1.04 Bond Term
The term of the convertible corporate bonds to be issued this time is six years from the date of issuance, i.e., from June 17, 2026, to June 16, 2032 (if it falls on a legal holiday or rest day, it will be postponed to the first trading day thereafter; interest for the postponed period will not be calculated separately).
1.05 Coupon Rate and Redemption Price at Maturity
The coupon rates are 0.20% for the first year, 0.40% for the second year, 0.80% for the third year, 1.50% for the fourth year, 2.00% for the fifth year, and 2.50% for the sixth year.
Within five trading days after the maturity of the convertible corporate bonds issued this time, the Company will redeem the convertible corporate bonds that have not been converted at a price of 114% of their face value (including the last interest payment).