Securities Code: 301200
Securities Abbreviation: Han's CNC
Announcement No.: 2026-057
Shenzhen Han's CNC Technology Co., Ltd.
Announcement on External Investment
The Company and the Board of Directors guarantee that the information disclosed is true, accurate, and complete, and that there are no false records, misleading statements, or material omissions.
I. Overview of External Investment
(I) Basic Situation of External Investment
To implement the overall strategic plan of Shenzhen Han's CNC Technology Co., Ltd. (hereinafter referred to as the "Company"), leverage overseas resources and the geographical advantages of Malaysia, further expand the Southeast Asian and global markets, and optimize industrial layout, the Company plans to establish a wholly-owned subsidiary, Han's CNC Technology (Hong Kong) Co., Ltd. (hereinafter referred to as "Hong Kong Subsidiary"), which will then establish a孙 company in Malaysia. This孙 company will invest in a project to construct facilities for the production, R&D, and supporting services of PCB specialized equipment (hereinafter referred to as "This Investment"). The total investment for This Investment is expected to not exceed USD 180 million (the final investment amount will be subject to the actual investment made in the project).
The scope of This Investment project includes the acquisition of land in Malaysia, construction of new factory buildings, layout of production lines, and establishment of an R&D center, with an expected annual production capacity of 400 units/sets of high-end PCB specialized equipment.
The information regarding the name, share capital, business scope, and registered address of the relevant overseas subsidiary for This Investment will ultimately be subject to the approval or registration content of the relevant authorities in its place of registration.
(II) Deliberation Process
The Company held the 25th meeting of the Second Board of Directors on August 20, 2026, which deliberated and approved the "Proposal on External Investment." The Board of Directors agreed to implement This Investment and authorized the Company's management or its authorized representatives to handle all matters related to the implementation of This Investment project, including but not limited to signing relevant documents, handling overseas investment filings, and registering the overseas subsidiary. Within the authorized scope, adjustments to the plan, implementation progress, and specific investment amounts are permitted.
According to the "Rules Governing the Listing of Stocks on the Growth Enterprise Market of the Shenzhen Stock Exchange," "Articles of Association," and other relevant regulations, This Investment falls within the scope of the Board of Directors' approval authority and does not require submission to the Company's shareholders' meeting for deliberation.
(III) Other Explanations
This investment does not constitute a related-party transaction, nor does it constitute a major asset restructuring as stipulated in the "Administrative Measures for Major Asset Restructuring of Listed Companies."
II. Basic Information of the Investment Target