Securities Code: 301141
Securities Abbreviation: Zhongke Magnetic Industry
Announcement No.: 2026-024
Announcement of Resolutions of the 3rd Board of Directors' 10th Meeting
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 records, misleading statements, or major omissions.
I. Convening of the Board Meeting
The 3rd Board of Directors' 10th Meeting of Zhejiang Zhongke Magnetic Industry Co., Ltd. (hereinafter referred to as the "Company") was held on August 10, 2026, in a combination of on-site and teleconference format at the Company's meeting room. The meeting notice was delivered to all directors by telephone and email on August 4, 2026. Nine directors were expected to attend, and nine directors actually attended. Ms. Wu Angniang, Mr. Lou Jianwei, Ms. Han Chunyan, and Ms. Jin Jiaying participated via teleconference. The meeting was convened and presided over by Mr. Wu Zhongping, Chairman of the Board. The Company's Board Secretary and other senior management personnel attended the meeting. The notice, convening, holding, and voting procedures of this meeting comply with the relevant national laws and regulations and the "Articles of Association" of the Company.
II. Deliberation of Board Meeting Proposals
After careful deliberation by the attending directors, the following proposals were approved:
(I) Approval of the Proposal on the Company Meeting the Conditions for Issuing Convertible Corporate Bonds to Unspecified Targets
In accordance with the provisions of the current "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Administrative Measures for the Registration and Issuance of Securities by Listed Companies," and other relevant laws, regulations, and normative documents, and based on a self-assessment of the actual situation, the Company meets the requirements for a GEM-listed company to issue convertible corporate bonds to unspecified targets and has the conditions to do so.
Voting Results: 9 votes in favor, 0 votes against, 0 abstentions.
This proposal has been reviewed and approved by the Independent Directors' Special Meeting, the Board's Audit Committee, and the Board's Strategy Committee, and is subject to submission to the Company's shareholders' meeting for deliberation.
(II) Deliberation and Approval of the Proposal on Zhejiang Zhongke Magnetic Industry Co., Ltd. Issuing Convertible Corporate Bonds to Unspecified Targets
In accordance with the provisions of the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Administrative Measures for the Registration and Issuance of Securities by Listed Companies," and other relevant laws, regulations, and normative documents, and combined with the Company's actual situation, the Company has formulated a plan for issuing convertible corporate bonds to unspecified targets. The Board of Directors has voted on each item of this issuance plan, and the results are as follows:
(1) Type of Securities to be Issued
The type of securities to be issued is convertible corporate bonds that can be converted into Class A shares of the Company. The convertible bonds and the Class A shares of the Company that are converted from these convertible bonds in the future will be listed on the GEM of the Shenzhen Stock Exchange.
(2) Issuance Scale
In accordance with the requirements of relevant laws, regulations, and normative documents, and combined with the Company's operating conditions, financial situation, and investment plans, the total amount of convertible bonds to be issued shall not exceed RMB 609.0538 million (inclusive). The specific issuance scale will be determined by the Company's shareholders' meeting authorizing the Board of Directors (or its authorized representative) within the aforementioned limit.