Hanbo Gaoxin Materials (Hefei) Co., Ltd.
Announcement on Joint Investment in Industrial Fund with Professional Investment Institution and Related Party Transaction
The Company and all members of 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 Joint Investment with Professional Institutions
(I) Basic Situation
Hanbo Gaoxin Materials (Hefei) Co., Ltd. (hereinafter referred to as the "Company")'s holding subsidiary, Bojing Technology (Chuzhou) Co., Ltd. (hereinafter referred to as "Bojing Technology"), intends to jointly invest in the Yangzhou Liuyue Equity Investment Fund (Limited Partnership) (hereinafter referred to as the "Partnership") with the general partner Beijing Fangyuan Jin Ding Investment Management Co., Ltd. (hereinafter referred to as "Fangyuan Investment"), Ms. Cai Jiemei, the Company's Vice Chairperson and Deputy General Manager, and other limited partners. The planned total subscription amount for the Partnership is RMB 53.11 million. Ms. Cai Jiemei will subscribe for RMB 10.62 million with her own funds or funds raised by herself. Bojing Technology intends to subscribe for RMB 531 million as a limited partner with its own funds or funds raised by itself.
(II) Explanation of Related Party Relationship
According to the "Company Law of the People's Republic of China," the "Shenzhen Stock Exchange GEM Stock Listing Rules," the "Shenzhen Stock Exchange Listed Company Self-Regulatory Supervision Guidelines No. 7 - Transactions and Related Party Transactions," and other laws, regulations, normative documents, and the "Articles of Association," Ms. Cai Jiemei is the Company's Vice Chairperson and Deputy General Manager. This investment is a related party transaction.
(III) Approval Status
The Company's Fourth Board of Directors' 29th Meeting held on August 6, 2026, deliberated and approved the "Proposal on Joint Investment in Industrial Fund with Professional Investment Institution and Related Party Transaction." The related director, Ms. Cai Jiemei, recused herself from voting. This joint investment with a professional investment institution and related party transaction was reviewed and approved by the Company's Independent Directors' Special Committee before being submitted to the Board of Directors for deliberation.
According to the "Articles of Association" and relevant laws and regulations, this investment is within the scope of the Board of Directors' approval authority and does not require submission to the Company's shareholders' meeting for deliberation. This investment does not constitute a major asset restructuring as defined by the "Measures for the Administration of Major Asset Restructuring of Listed Companies" and does not require approval from relevant authorities.
II. Basic Information of Major Cooperating Parties