Lian Jia Investment Holdings: Announcement of the Board of Directors' Resolution to Conduct a Private Placement for Cash Capital Increase by Issuing Ordinary Shares and/or Domestic Unsecured Convertible Corporate Bonds

1. Date of Board of Directors Resolution: 2026/04/16
2. Type of Privately Placed Securities: Ordinary shares, domestic unsecured convertible corporate bonds
3. Private Placement Counterparties and their Relationship with the Company: Strategic investors; None
4. Number of Privately Placed Shares or Units: It is proposed to authorize the shareholder meeting to authorize the Board of Directors to issue ordinary shares not exceeding 70 million shares, or to issue domestic unsecured convertible corporate bonds, where the number of ordinary shares convertible from the privately placed convertible corporate bonds shall be within the aforementioned 70 million shares, calculated based on the conversion price at the time of private placement. The company will decide whether to proceed in one or multiple tranches (up to three times) within one year from the date of the shareholder meeting resolution, depending on market conditions and the status of specific investors.
5. Maximum Private Placement Quota: Not exceeding 70 million shares
6. Basis and Rationality for Determining Private Placement Price: The private placement price will be determined based on the regulations of the competent authority, taking into account the three-year transfer restriction on privately placed securities under the Securities and Exchange Act.
7. Purpose of this Private Placement: To cooperate with the company's operational development, seek opportunities for industrial cooperation and diversified strategic development, expand market share, and create long-term shareholder value.
8. Reason for Not Adopting Public Offering: Considering capital market conditions, the timeliness and feasibility of fundraising, issuance costs, and the actual needs of introducing strategic investors, and given that privately placed securities are subject to a three-year transfer restriction, which can ensure a long-term cooperative relationship between the company and strategic investors, a private placement is chosen instead of a public offering.
9. Independent Directors' Dissenting or Reserved Opinions: None
10. Actual Pricing Date: Proposed to authorize the shareholder meeting to authorize the Board of Directors to decide
11. Reference Price: The issue price of this private placement of ordinary shares shall not be lower than 80% of the reference price. The reference price for privately placed ordinary shares shall be determined by the higher of the following two bases:
A. The simple arithmetic average of the closing prices of ordinary shares for one, three, or five business days prior to the pricing date, after deducting ex-rights and ex-dividend for bonus shares and cash dividends, and adding back ex-rights for capital reduction.
B. The simple arithmetic average of the closing prices of ordinary shares for 30 business days prior to the pricing date, after deducting ex-rights and ex-dividend for bonus shares and cash dividends, and adding back ex-rights for capital reduction.
The issue price of the company's privately placed domestic unsecured convertible corporate bonds shall not be lower than 80% of the theoretical price, and the conversion price shall not be lower than 80% of the higher of the following two bases:
A. The simple arithmetic average of the closing prices of ordinary shares for one, three, or five business days prior to the pricing date, after deducting ex-rights and ex-dividend for bonus shares and cash dividends, and adding back ex-rights for capital reduction.
B. The simple arithmetic average of the closing prices of ordinary shares for 30 business days prior to the pricing date, after deducting ex-rights and ex-dividend for bonus shares and cash dividends, and adding back ex-rights for capital reduction.
12. Actual Private Placement Price, Conversion or Subscription Price: The pricing date, actual reference price, and actual issue price are proposed to be authorized by the shareholder meeting to the Board of Directors to decide within the scope of not less than the percentage resolved by the shareholder meeting, taking into account market conditions, objective conditions, and the situation of specific investors.
13. Rights and Obligations of these Privately Placed New Shares: Except for the transfer restrictions stipulated in Article 43-8 of the Securities and Exchange Act, their rights and obligations are the same as those of the issued ordinary shares.
14. If accompanied by conversion, exchange, or subscription rights, the conversion basis date: Not applicable
15. If accompanied by conversion, exchange, or subscription rights, the possible dilution of equity: Not applicable
16. If the preceding item's estimated listed ordinary shares are less than 60 million shares and less than 25%, please explain the measures to address low equity liquidity: Not applicable
17. Other Explanatory Matters: (1) The main plan for this private placement of ordinary shares and domestic unsecured convertible corporate bonds, except for the pricing percentage, including the actual issue price and actual conversion price per share, number of shares issued, number of units issued, actual issuance conditions and conversion methods, private placement amount, capital increase record date, project items, estimated progress, capital utilization progress, estimated possible benefits, and other unmentioned matters, if there are any amendments due to instructions from the competent authority or changes in objective environment and market conditions in the future, it is proposed to authorize the shareholder meeting to authorize the Board of Directors to handle them in full.
(2) To cooperate with this private placement of securities, it is proposed to approve this private placement plan at the shareholder meeting and authorize the chairman or his designated person to represent the company in negotiating, signing, and delivering all contracts or documents related to the issuance of these privately placed securities, and to handle all necessary matters related to the issuance of these privately placed securities. For any unmentioned matters, the chairman is authorized to handle them in full in accordance with the law.