Announcement of Resolutions from the Seventh Meeting of the Fourth Board of Directors
The Board of Directors of Guangdong Hongjing Optoelectronics Technology Co., Ltd. held its seventh meeting of the fourth board of directors on July 23, 2026. The meeting reviewed and approved several proposals related to the company's operations and strategic development.
Resolutions Passed
(I) Deliberation and Approval of the Proposal on the Company's Plan for Issuing Convertible Bonds to Unspecified Targets
The meeting deliberated and approved the "Proposal on the Company's Plan for Issuing Convertible Bonds to Unspecified Targets."
Resolution: Approved by 7 votes in favor, 0 against, and 0 abstentions.
This proposal has been reviewed and approved by the Strategic Committee, Audit Committee, and Independent Directors' Special Committee of the Board of Directors. It will be submitted to the Shareholders' Meeting for approval.
1. Issuance Plan
Guangdong Hongjing Optoelectronics Technology Co., Ltd. (hereinafter referred to as the "Company") plans to issue convertible corporate bonds to unspecified targets (hereinafter referred to as the "Bonds"). The plan was announced at the meeting and the Company will notify relevant parties. The meeting was attended by Chairman Li Qiangping, who presided over the meeting. Secretary Lin Lingyun and Ms. Zhang Qingying attended the meeting as non-voting attendees. The meeting reviewed and approved the "Proposal on the Company's Plan for Issuing Convertible Bonds to Unspecified Targets" in accordance with the "Company Law of the People's Republic of China," "Securities Law of the People's Republic of China," "Administrative Measures for the Management of Issuance and Trading of Convertible Corporate Bonds" (2025 Revision), and other relevant laws, regulations, and regulatory documents. The proposal was deliberated and approved based on the Company's actual situation and the requirements of the competent authorities.
This proposal has been reviewed and approved by the Strategic Committee, Audit Committee, and Independent Directors' Special Committee of the Board of Directors.
This proposal will be submitted to the Shareholders' Meeting for deliberation.
(I) Proposal on the Company's Plan for Issuing Convertible Bonds to Unspecified Targets
Proposal: The Company plans to issue convertible corporate bonds to unspecified targets.
1. Type of Issuance Instrument
Convertible corporate bonds to be issued to unspecified targets (hereinafter referred to as "Convertible Bonds").
2. Issuance Scale
Based on the Company's financial situation and investment plan, the total amount of funds to be raised by issuing convertible bonds shall not exceed RMB 630,000,000 (including the principal amount). The specific issuance amount shall be determined by the Shareholders' Meeting authorizing the Board of Directors (or its authorized personnel) within the aforementioned limit.
3. Face Value and Issuance Price
The face value of each convertible bond to be issued shall be RMB 100, and it shall be issued at par.
4. Bond Term
The term of the convertible bonds to be issued shall be 6 years from the date of issuance.
5. Bond Interest Rate
The method for determining the coupon rate of the convertible bonds to be issued and the final interest rate for each interest-bearing period shall be determined by the Board of Directors (or its authorized personnel), upon authorization by the Shareholders' Meeting, through negotiation with the sponsor (lead underwriter) based on national policies, market conditions, and the Company's specific circumstances prior to the issuance.