Shanghai Weike Precision Molding Co., Ltd. Announcement on Resolutions of the 16th Meeting of the Second Board of Directors
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. Convening of the Board Meeting
The Second Board of Directors Meeting of Shanghai Weike Precision Molding Co., Ltd. (hereinafter referred to as the "Company") was held in the Company's conference room at No. 598, Beihengsha River Road, Minhang District, Shanghai, on June 23, 2026 (Tuesday) in person. The meeting notice was sent to all directors via email on June 18, 2026. Five directors were expected to attend, and five directors actually attended.
The meeting was presided over by Chairman TAN YAN LAI. Senior management attended as non-voting participants. The convening of the meeting complied with relevant laws, regulations, rules, and the "Articles of Association of Shanghai Weike Precision Molding Co., Ltd." (hereinafter referred to as the "Company's Articles of Association"). After careful deliberation by all directors, the meeting formed the following resolutions:
II. Deliberation Matters of the Board Meeting
(I) The proposal "Proposal on Further Clarifying the Company's Plan for Issuing Convertible Corporate Bonds to Non-specific Targets" was deliberated and approved item by item.
The Company has obtained the "Approval on the Registration of Shanghai Weike Precision Molding Co., Ltd. Issuing Convertible Corporate Bonds to Non-specific Targets" (Securities Regulatory License [2026] No. 1169) issued by the China Securities Regulatory Commission (hereinafter referred to as the "CSRC"), agreeing to the Company's registration application for issuing convertible corporate bonds to non-specific targets. Based on the authorization of the Company's shareholders' meeting, the Company's Board of Directors has further clarified the plan for the current issuance of convertible corporate bonds in accordance with relevant laws and regulations, the Company's actual situation, and market conditions. The specific contents are as follows:
- Type of Securities to be Issued
The type of securities to be issued is convertible corporate bonds that can be converted into the Company's Class A shares. These convertible corporate bonds and the Class A shares to be converted in the future will be listed on the Shenzhen Stock Exchange.
Voting results: 5 votes in favor, 0 votes against, 0 abstentions.
- Issuance Scale
In accordance with the requirements of relevant laws, regulations, and normative documents, and combined with the Company's operating conditions, financial situation, and investment plans, the total amount of convertible corporate bonds to be issued this time is RMB 630,000,000, with an issuance quantity of 6,300,000 shares.
- Face Value and Issuance Price of Bonds
The face value of each convertible corporate bond to be issued is RMB 100, and it will be issued at par.
- Term of Bonds
The term of the convertible corporate bonds to be issued is 6 years from the date of issuance.
- Coupon Rate
The coupon rate for the convertible corporate bonds to be issued is: 0.2% for the first year, 0.4% for the second year, 0.8% for the third year, 1.5% for the fourth year, 2.0% for the fifth year, and 2.5% for the sixth year.
- Repayment and Payment of Principal and Interest Term and Method
The convertible corporate bonds to be issued will pay interest once a year, and the principal of all unconverted convertible corporate bonds and the interest of the last year will be repaid upon maturity.