Stetway's registered capital increases by 4.65 million yuan to 402.3 million yuan, and the registered address is relocated to Guiye Road, Pudong New Area.

【Shanghai, March 28, 2026】. SmartSens (Shanghai) Electronics Technology Co., Ltd. (Securities code: 688213, Securities abbreviation: SmartSens) today issued an announcement stating that the company held the 11th meeting of the second session of the board of directors on March 27 and approved related proposals regarding changes to registered capital, the registered address, and amendments to the Articles of Association. The adjustments are mainly based on the implementation needs of the company’s equity incentive plan and requirements for business development. The relevant matters still need to be submitted to the company’s shareholders’ meeting for consideration.

The announcement shows that the change in the company’s registered capital stems from the completion of the registration of shares under the first vesting period of the reserved portion of the 2023 restricted stock incentive plan. As disclosed, this vesting period added a total of 4.65203 million shares, of which the first batch of 3.83603 million shares was listed and tradable on December 24, 2025, and the second batch of 0.816 million shares was listed and tradable on January 16, 2026. After the completion of share vesting, the company’s total share capital increased from 401.841572 million shares to 402.306775 million shares. Accordingly, the registered capital was adjusted from RMB 0.401841572 billion to RMB 0.402306775 billion, representing an increase of approximately 0.115%.

At the same time, to meet actual business needs, the company’s registered address will be moved from the original “Room 612, Floor 6, Building 3, No. 111 Xiangke Road, China (Shanghai) Pilot Free Trade Zone” to “No. 188 Guiye Road, Pudong New Area, Shanghai,” and the postal code will change from 200131 to 201204.

Based on the above changes, the company plans to amend the relevant provisions of the Articles of Association. The specific amendments are as follows:

The announcement clarifies that, except for the above provisions, all other content of the Articles of Association remains unchanged. The full text of the amended Articles of Association has been disclosed on the website of the Shanghai Stock Exchange. The board of directors also requests that the shareholders’ meeting authorize the office of the board of directors to handle matters such as industrial and commercial change registration and filing of the Articles of Association. The final changes will be subject to the approval results from the competent industrial and commercial registration authority.

As a professional supplier of CMOS image sensors, SmartSens’ move of the registered address and adjustment of registered capital have been interpreted by the market as normal measures for the company’s business development and scale expansion. Analysts noted that as Pudong New Area is a hub for Shanghai’s tech innovation companies, its improved industrial ecosystem and policy support will provide a favorable environment for the company’s future development.

Click to view the original announcement>>

Statement: There are risks in the market; invest with caution. This article is automatically published by an AI large model based on third-party databases and does not represent Sina Finance’s viewpoints. Any information appearing in this article is for reference only and does not constitute personal investment advice. In case of any discrepancy, please refer to the actual announcement. If you have any questions, please contact biz@staff.sina.com.cn.

A wealth of information and precise analysis—right on the Sina Finance APP

责任编辑：小浪快报