The company and all members of the board of directors guarantee the information disclosed is true, accurate, and complete, and contains no false records, misleading statements, or major omissions.
I. Meeting Convening Situation
The Third Board of Directors' 14th Meeting of Shenzhen Minbao Optoelectronics Co., Ltd. (hereinafter referred to as the "Company") was notified via email and other communication methods on July 6, 2026, and was held in the company's conference room on July 9, 2026, through a combination of on-site and remote participation. The meeting was chaired by Mr. Xie Zuhua, Chairman of the Company. Nine directors were eligible to attend, and all nine directors attended. Directors Su Tao, independent directors Wang Huan, Hong Yun, and Zhu Huawei participated via Tencent Meeting. Senior management personnel attended the meeting.
The convening, holding, and voting procedures of this meeting comply with relevant laws, regulations, and the "Articles of Association" of the Company.
II. Meeting Deliberation Situation
The attending directors deliberated and voted on the following proposals:
(I) Deliberated and Approved the "Proposal on Cancelling the Fundraising Arrangement for Share Issuance to Purchase Assets, and the Transaction Plan Not Constituting a Major Adjustment"
On January 31, 2026, the Company disclosed the "Announcement on the Plan for Shenzhen Minbao Optoelectronics Co., Ltd. to Issue Shares to Purchase Assets and Raise Supporting Funds and Related Party Transactions," among other announcements. The Company planned to acquire a 49% equity interest in Xiamen Maida Intelligent Technology Co., Ltd. (hereinafter referred to as "Xiamen Maida") by issuing shares to purchase assets, and to raise supporting funds by issuing shares to the Company's controlling shareholder, Mr. Xie Zuhua.
The share issuance to purchase assets project is progressing normally. Considering the interests of all shareholders and the Company's continuously improving business development trend, the Company has decided to cancel the fundraising arrangement in this transaction (hereinafter referred to as the "Adjustment"). This adjustment only involves the cancellation of the fundraising arrangement and does not involve changes to the transaction counterparties, the target assets, or the addition or increase of supporting fundraising. It does not constitute a major adjustment to the transaction plan.
For details, please refer to the relevant announcements disclosed by the Company on the Juchao Information Network on the same day.
This proposal has been deliberated and approved by the Company's Board Strategy Committee, Audit Committee, and Independent Directors' Special Committee.
Voting results: 8 votes in favor; 0 against; 0 abstentions. Related director Xie Zuhua abstained from voting.
This proposal needs to be submitted to the Company's shareholders' meeting for deliberation.