Securities Code: 301607
Securities Abbreviation: Fute Technology
Announcement No.: 2026-042
Zhejiang Fute Technology Co., Ltd.
Announcement on Adjusting Board Size, Amending Articles of Association, and Handling Industrial and Commercial Registration Changes
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 major omissions.
Zhejiang Fute Technology Co., Ltd. (hereinafter referred to as the "Company") held its 20th meeting of the Third Board of Directors on June 11, 2026, and reviewed and approved the "Proposal on Adjusting the Number of Directors, Amending the Articles of Association, and Handling Industrial and Commercial Registration Changes." The Company plans to adjust the number of directors from nine to seven and amend relevant clauses of the Articles of Association. This proposal will be submitted to the Company's First Extraordinary General Meeting of Shareholders in 2026 for review. The relevant content is hereby announced as follows:
I. Adjustment of Board Size
To further improve the Company's internal governance structure and enhance the efficiency of the Board of Directors' operations, considering the current composition and tenure of the Board, it is proposed to adjust the number of directors from nine to seven, including three independent directors and four non-independent directors (including one employee representative director).
II. Amendments to the Articles of Association
Based on the above matters, the Company proposes to amend relevant clauses of the Articles of Association. In accordance with the latest regulations, laws, and normative documents such as the "Company Law," "Guidelines for Articles of Association of Listed Companies," and the "Listing Rules of the Shenzhen Stock Exchange ChiNext Market," and in conjunction with the Company's actual situation, certain clauses of the Articles of Association will be amended. The specific amendment content is as follows:
| Before Amendment | After Amendment | |
|---|---|---|
| Article 73 | ...... | ...... |
| The shareholders' meeting convened by the Audit Committee shall be presided over by the convener of the Audit Committee. If the convener of the Audit Committee is unable to perform his duties or fails to perform his duties, one member of the Audit Committee elected by a majority of the Audit Committee members shall preside. | The shareholders' meeting convened by the Audit Committee shall be presided over by the convener of the Audit Committee. If the convener of the Audit Committee is unable to perform his duties or fails to perform his duties, one member of the Audit Committee elected by a majority of the Audit Committee members shall preside. | |
| ...... | ...... | |
| Article 88 | ...... | ...... |