Dongguan Changlian New Materials 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, without false records, misleading statements, or significant omissions.
The Company held the 6th meeting of the 5th Board of Directors Audit Committee on November 26, 2025, and the 9th meeting of the 5th Board of Directors on November 27, 2025, to review and approve the proposal regarding the absorption and merger of its wholly-owned subsidiary and the change of the implementation entity for certain fundraising projects, as well as the extension and completion of some fundraising projects, with the remaining raised funds permanently supplementing working capital.
The Company agreed that its wholly-owned subsidiary, Huizhou Changlian New Materials Technology Co., Ltd. (hereinafter referred to as "Huizhou Changlian"), will absorb and merge its wholly-owned subsidiary, Huizhou Huilian New Materials Technology Co., Ltd. (hereinafter referred to as "Huizhou Huilian"). The implementation entity for the fundraising project "Annual Production of 27,750 Tons of Environmentally Friendly Water-Based Printing Glue Construction Project" will be changed from Huizhou Huilian to Huizhou Changlian. Huizhou Changlian will open a corresponding special account for the raised funds and cancel the special account of Huizhou Huilian. For detailed information, please refer to the relevant announcement disclosed by the Company on November 28, 2025, on the Giant Tide Information Network.
- Basic Situation of Raised Funds According to the approval from the China Securities Regulatory Commission regarding the registration of the initial public offering of Dongguan Changlian New Materials Technology Co., Ltd. (Zheng Jian Xu Ke [2024] No. 763), and with the consent of the Shenzhen Stock Exchange, the Company issued 16.11 million shares of RMB ordinary shares (A shares), with a par value of RMB 1.00 per share and an issue price of RMB 21.12 per share, raising a total of RMB 340.2432 million. After deducting the total issuance expenses related to the raised funds amounting to RMB 63.0313 million (excluding VAT), the actual net amount raised is RMB 277.2119 million. The raised funds were transferred to the Company's designated account on September 25, 2024, and the accounting firm Xinyong Zhonghe (Special General Partnership) conducted verification of the raised funds and issued a "Verification Report." The Company manages the raised funds in accordance with relevant regulations and has signed a supervision agreement for the raised funds with the sponsor and the commercial bank holding the raised funds.