Fudan Microelectronics plans to amend the company's articles of incorporation, with registered capital to be increased to 82,371,900 yuan.

Fudan Microelectronics Group Co., Ltd. (A-share ticker: Fudan Micro, code: 688385; Hong Kong share ticker: Shanghai Fudan, code: 01385) released an announcement on March 28 stating that its board of directors has reviewed and approved the proposal on “Amending the Articles of Association and Handling Industrial and Commercial Change Registration.” The company plans to amend relevant provisions of the Articles of Association due to a change in registered capital.

The announcement shows that the change in registered capital is attributable to the implementation of the Company’s 2021 Science and Technology Innovation Board (STAR Market) restricted stock incentive plan. The incentive plan’s initial grant portion’s fourth vesting period and the reserved grant portion’s third vesting period have met the vesting conditions, and the number of newly added shares is 2.29195 million shares. Among them, 2.28595 million shares were listed for tradable circulation on January 19, 2026, and the remaining 6,000 shares will complete vesting before the 2025 annual general meeting of shareholders.

As a result, the company’s total share capital will change from 821,427,300 shares to 823,719,250 shares, and the registered capital will accordingly be adjusted from RMB 82,142,730 to RMB 82,371,925.

This amendment to the Articles of Association still needs to be submitted to the company’s 2025 annual general meeting of shareholders for consideration. The company’s board of directors also asks the shareholders’ meeting to authorize management to handle all specific matters related to this amendment to the Articles of Association, including but not limited to procedures for industrial and commercial change registration and filing for the amended Articles of Association. The company states that after the shareholders’ meeting approves the proposal, it will promptly process the relevant change registration and filing procedures with the industrial and commercial registration authority; the final change content shall be subject to approval by the industrial and commercial registration authority.

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