301300SZSE

Announcement Regarding the Passive Dilution of Shareholding Ratio of a Shareholder Holding More Than 5% of Shares Reaching a 1% Integer Multiple

Yuanxiang New Materials Co., Ltd.··3 pages

✨ AI Summary

Fujian Far-Fly New Material Co., Ltd. announced that the shareholding ratio of its shareholder, Fujian Huaxing Venture Capital Co., Ltd., was passively diluted from 6.03% to 5.98% due to the issuance of new shares under the company's 2023 restricted stock incentive plan. This change in shareholding reached a 1% integer multiple threshold. The company's total share capital increased from 64.888 million shares to 65.429 million shares following the registration of these restricted shares.

Summary generated by AI · Always verify with source document

Full Translation

AI Translation· gemini_document

Stock Code: 301300 Stock Abbreviation: Far-Fly New Material Announcement No.: 2026-025

Fujian Far-Fly New Material Co., Ltd.

Fujian Far-Fly New Material Co., Ltd. (hereinafter referred to as the "Company") disclosed the "Announcement on the Results of the Second Batch of the Second Vesting Period and Listing of the 2023 Restricted Stock Incentive Plan" (Announcement No.: 2026-015) on May 15, 2026. The Company completed the registration of 33,000 restricted shares for the second batch of the second vesting period, which were listed on May 19, 2026.

On June 15, 2026, the Company disclosed the "Announcement on the Vesting Results and Listing of the Third Vesting Period of the 2023 Restricted Stock Incentive Plan" (Announcement No.: 2026-024). The Company completed the registration of 508,000 restricted shares for the third vesting period, which were listed on June 18, 2026.

In summary, the Company's total share capital increased from 64.888 million shares to 65.429 million shares. The shareholding ratio of Fujian Huaxing Venture Capital Co., Ltd., a shareholder holding more than 5% of the Company's shares, was passively diluted from 6.03% to 5.98%, reaching a 1% integer multiple. The details are as follows:

Sign in to read the full translation

Free accounts get 10 full releases per month. Pro subscribers get unlimited access.