Guangdong Boying Special Welding Technology Co., Ltd. (hereinafter referred to as "the Company") and all members of the Board of Directors guarantee that the content of this information disclosure is true, accurate, and complete, with no false records, misleading statements, or major omissions.
Overview of External Investment
On June 1, 2026, the Company held the 23rd meeting of the second Board of Directors, where it reviewed and approved the proposal to increase investment in its wholly-owned subsidiary. To strengthen its global strategic layout, seize international market opportunities, and further promote the development of the Company's overseas business, the Company intends to use its own funds or self-raised funds to increase investment in its wholly-owned subsidiary, Pourin Special Welding Vietnam Manufacturing Company Limited, by no more than RMB 100 million. This investment will mainly be used for the construction of the third phase of the production base in Vietnam and the purchase of production line equipment for HRSG and other products. The actual investment amount will be subject to approval by the relevant government authorities. According to the "Shenzhen Stock Exchange GEM Stock Listing Rules," "Shenzhen Stock Exchange Listed Companies Self-Regulatory Guidelines No. 2 - Standard Operation of GEM Listed Companies," the Articles of Association of Guangdong Boying Special Welding Technology Co., Ltd., and the "Management Measures for External Investment of Guangdong Boying Special Welding Technology Co., Ltd.," this investment increase is within the Board's review authority and does not require submission to the shareholders' meeting for approval. This investment increase does not constitute a related party transaction and does not constitute a major asset reorganization as defined by the "Measures for the Administration of Major Asset Reorganization of Listed Companies."