Guangzhou Xinbang Intelligent Equipment Co., Ltd.
Announcement of Resolutions of the 11th Meeting of the Fourth Board of Directors
The Company and all members of the Board of Directors guarantee the truthfulness, accuracy, and completeness of the information disclosed, and are free from any false representations, misleading statements, or material omissions.
I. Convening of the Board Meeting
The 11th Meeting of the Fourth Board of Directors of Guangzhou Xinbang Intelligent Equipment Co., Ltd. (hereinafter referred to as the "Company") was held via communication on Monday, July 27, 2026. The meeting notice was delivered to all directors via email, personal delivery, and other means on July 24, 2026. Seven directors were eligible to attend, and seven directors actually attended.
The meeting was presided over by Chairman Li Gang. The Company's Secretary of the Board and other senior management personnel attended the meeting. The convening of the meeting complied with the "Company Law of the People's Republic of China" and other laws, regulations, and the "Articles of Association."
II. Deliberations of the Board Meeting
(I) Deliberation and Approval of the Proposal on Adjusting the Company's Plan for Issuing Shares and Paying Cash to Acquire Assets and Raising Supporting Funds, Which Constitutes a Connected Transaction, and Confirmation That the Adjustment to the Transaction Plan Does Not Constitute a Major Adjustment
The Company intends to acquire 100% of the equity of Wuxi Yingdixin Microelectronics Technology Co., Ltd. (hereinafter referred to as "Yingdixin Micro") held by 40 counterparties, including Ay Dee Kay LLC and Wuxi LinYing Enterprise Management Consulting Partnership (Limited Partnership) (hereinafter referred to as "Wuxi LinYing"), by issuing shares and paying cash, and to raise supporting funds, which constitutes a connected transaction (hereinafter referred to as "This Transaction"). Upon completion of This Transaction, Yingdixin Micro will become a controlling subsidiary of the Company.
The following adjustments have been made to the transaction plan: