Beimo Hi-Tech announced that the 13th meeting of the fourth board of directors of the company reviewed and passed the “Proposal on Authorization Related to the Company's 2025 Plan to Issue A Shares to Specific Targets”. In order to ensure the smooth progress of the fixed increase matters, if the number of shares to be issued determined after bookkeeping is not 70% of the number of shares to be issued in the subscription invitation document, the board of directors authorizes the chairman or his designated person to adjust the issue price without falling below the reserve price until the number of shares to be issued meets the standard; if the valid subscription is insufficient, it can decide whether to initiate additional subscription or suspension of issuance, etc., and the validity period of the authorization is consistent with the validity period of the shareholders' meeting authorization. The bill received 7 votes in agreement, 0 against, and 0 abstentions.

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