Resolutions of the Second Extraordinary General Meeting of Shareholders of Green Bio-Tech Co., Ltd. in 2025
I. Basic Meeting Information:
Meeting Time: 10:00 AM, September 25, 2025
Meeting Venue: Company Conference Room
Meeting Nature: Extraordinary General Meeting of Shareholders
Meeting Method: On-site combined with written voting
II. Meeting Notice and Attendance:
The company notified all shareholders 15 days prior to the meeting. All shareholders attended. Company directors attended the meeting, and senior management personnel were present.
III. Meeting Convening and Presiding:
This shareholders' meeting was convened by the company's board of directors and presided over by Chairman Lu Wencheng. The convening and resolution procedures comply with relevant laws, regulations, and the "Articles of Association."
IV. Review of Meeting Proposals:
- Approved the "Proposal on the Company's Initial Public Offering of Shares and Listing on the ChiNext Market"
The sub-item voting results for this proposal are as follows:
1.1 Type of Shares to be Issued
The shareholders' meeting agreed: The type of shares to be issued is RMB ordinary shares (A shares), with a par value of RMB 1.00 per share.
Voting Result: 10,000 million shares in favor, 0 abstentions, 0 against, accounting for 100% of the voting shares of shareholders present at the meeting.
1.2 Number of Shares to be Issued
The shareholders' meeting agreed: The number of shares to be issued in this application shall not exceed 33.333334 million shares, and the proportion of issued shares to the company's total share capital after issuance shall not be less than 25%. The final number of shares publicly offered in this new share issuance will be determined through negotiation between the company and the lead underwriter in accordance with the latest policies of the China Securities Regulatory Commission at the time of the company's issuance and listing.
1.3 Issuance Target
The shareholders' meeting agreed: The target for this new share issuance is: qualified inquiry targets and qualified natural persons, legal persons, and other investors who have opened securities accounts on the Shenzhen Stock Exchange and have activated trading on the ChiNext market (excluding those prohibited by the laws, administrative regulations, other normative documents of the People's Republic of China, and other regulatory requirements that the company must comply with) or other targets stipulated by regulatory authorities.
1.4 Pricing Method and Issuance Price
The shareholders' meeting agreed: The pricing method and issuance price are: to determine the issuance price through preliminary inquiry with inquiry targets or by other methods approved by the regulatory authorities.
1.5 Issuance Method
The shareholders' meeting agreed: This issuance will adopt a combination of offline placement to inquiry targets and online market capitalization-based subscription pricing to investors, as well as strategic investor placement, or other methods approved by regulatory authorities.
1.6 Use of Raised Funds
The shareholders' meeting agreed: The raised funds from this initial public offering of A shares will be invested in: (1) Production project of 6,300 tons of high-grade spices per year; (2) Intelligent transformation project for factory facilities; (3) R&D and innovation upgrade project for the full series of products; (4) Supplementary working capital project.