Fuliwang planea aumentar su capital social a 288 millones de yuanes debido a la conversión de bonos convertibles, lo que añade 28.66 millones de acciones

【Shanghai, March 17, 2026】Fuliwang Precision Electromechanical (China) Co., Ltd. (stock code: 688678, stock abbreviation: Fuliwang) announced today that the company’s board of directors has reviewed and approved the proposal to change the registered capital and amend the relevant articles of association. This change is mainly due to the increase in share capital resulting from the conversion of the company’s convertible bonds “Fuli Convertible Bonds,” with registered capital increasing from 259.69 million yuan to 288.93 million yuan.

The announcement shows that since the “Fuli Convertible Bonds” began converting on February 19, 2024, as of February 10, 2026, a total of 46.7695 million shares have been converted. Among them, 28.6642 million shares were newly converted during the period from June 30, 2025, to February 10, 2026, becoming the main reason for this registered capital change.

According to the announcement, the company plans to amend relevant provisions of the articles of association, mainly involving adjustments to registered capital and share structure. The sixth article on registered capital and the twentieth article on share structure will be updated according to the latest data, while the one hundred thirty-fourth article concerning the method of selecting members of the audit committee will also be clarified as “members of the audit committee are elected by the board of directors.”

The revised articles of association will be disclosed on the Shanghai Stock Exchange website. This change still needs to be submitted to the company’s shareholders’ meeting for approval by special resolution and will ultimately be subject to the content approved by the industrial and commercial registration authority. The company’s board of directors also requests the shareholders’ meeting to authorize the management team to handle related industrial and commercial changes and filing procedures.

Fuliwang stated that this change in registered capital and amendment of the articles of association meets the company’s development needs, is conducive to improving the company’s governance structure, and will not have a significant impact on the company’s daily production and operations.

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Editor: Xiaolang Express Report