Stock Code: 301588 Stock Abbreviation: NewTechWood
NewTechWood Co., Ltd.
2026 Plan for Issuance of A-Shares to Specific Targets
July 2026
Issuer Statement
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The company and all members of the Board of Directors guarantee that the contents of this plan are true, accurate, and complete, confirming that there are no false records, misleading statements, or major omissions, and assume individual and joint legal liability for the authenticity, accuracy, completeness, and timeliness of its contents.
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Upon completion of this issuance of shares to specific targets, the company is solely responsible for changes in its operations and earnings; investors are solely responsible for investment risks arising from this issuance.
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This plan is the Board of Directors' explanation of the matters concerning this issuance of shares to specific targets; any statements to the contrary are false.
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If investors have any questions, they should consult their stockbroker, lawyer, professional accountant, or other professional advisor.
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The matters described in this plan do not represent a substantive judgment, confirmation, or approval by the approval authorities regarding the matters related to this issuance of A-shares to specific targets. The effectiveness and completion of the matters described herein are subject to the approval of the company's shareholders' meeting and relevant regulatory authorities.
Special Notice
The terms or abbreviations used in this section have the same meanings as those defined in the "Definitions" section of this plan.
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The plan for this issuance of shares to specific targets has been reviewed and approved at the 21st meeting of the second session of the Board of Directors. It is still subject to approval by the company's shareholders' meeting and must obtain approval from the Shenzhen Stock Exchange and the China Securities Regulatory Commission (CSRC) before it can be implemented.
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The number of targets for this issuance of shares to specific targets shall not exceed 35 (inclusive). These targets must be specific entities meeting the conditions stipulated by the CSRC, including securities investment fund management companies, securities companies, trust investment companies, finance companies, insurance institutional investors, qualified foreign institutional investors (QFII), and other legal persons, natural persons, or other qualified investors that comply with laws and regulations. Among them, securities investment fund management companies, securities companies, QFIIs, and RMB qualified foreign institutional investors (RQFIIs) subscribing with two or more products under their management shall be regarded as a single target; trust investment companies acting as targets may only subscribe with their own funds.
The final targets for this issuance will be determined by the Board of Directors, as authorized by the shareholders' meeting, in accordance with the relevant regulations of the CSRC and the Shenzhen Stock Exchange, based on the results of the inquiry process and in consultation with the sponsor (lead underwriter) after the issuance application has been approved by the Shenzhen Stock Exchange and the CSRC.
All targets for this issuance shall subscribe to the shares in cash. If there are new provisions in national laws and regulations, the company will make adjustments accordingly.
- This issuance of shares to specific targets adopts a competitive pricing method, with the pricing benchmark date being the first day of the issuance period. The price of the shares issued shall not be lower than the floor price, which is 80% of the average trading price of the company's shares for the 20 trading days preceding the pricing benchmark date (Average trading price for the 20 trading days = Total trading volume for the 20 trading days / Total trading amount for the 20 trading days).
If the company's stock undergoes ex-rights or ex-dividend events such as dividend distribution, bonus shares, or capitalization of capital reserves between the pricing benchmark date and the issuance date, the floor price for this issuance will be adjusted accordingly.