REG - Ming Yang Smart Engy - Notice of the Second EGM of 2026

Ming Yang Smart EnergyAnnouncement

09/02/2026 10:30

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RNS Number : 2485S  Ming Yang Smart Energy Group Ltd  09 February 2026

MING YANG SMART ENERGY GROUP LIMITED

(GDR under the symbol: "MYSE")

(a joint stock company established under the laws of the People's Republic of
China with limited liability)

 

Notice of the Second Extraordinary General Meeting of 2026

 

NOTICE IS HEREBY GIVEN that the Second Extraordinary General Meeting of 2026
of Ming Yang Smart Energy Group Limited will be held in the conference room on
the 5th floor of Ming Yang Smart Energy Group Limited (the "Company"), Ming
Yang Industrial Park, No. 22, Torch Avenue, Zhongshan Torch High-tech
Industrial Development Zone, Zhongshan City, Guangdong, People's Republic of
China, on Monday, 2 March 2026, at 15:00 (Beijing Time). The meeting is
convened for the purpose of considering, and if thought fit, passing the
following resolution:

 

Ordinary Resolution:

1. To consider and approve the Proposal on Issuance of Medium-Term Notes

 

 

Ming Yang Smart Energy Group Limited

9 February, 2026

 

 

Appendix: Proposal on Issuance of Medium-Term Notes

To all Shareholders and Shareholders' proxies,

To further broaden the Company's financing channels, optimize its financing
structure, and meet the funding needs for its long-term development strategy,
Ming Yang Smart Energy Group Limited (hereinafter referred to as the
"Company") held the 31st meeting of the 3rd Board on February 9, 2026,
deliberating and approving the Proposal on the Proposed Issuance of
Medium-Term Notes. The Company plans to apply to the National Association of
Financial Market Institutional Investors (hereinafter referred to as "NAFMII")
for the registration and issuance of medium-term notes with a total amount not
exceeding RMB 3 billion (inclusive) (hereinafter referred to as "this
Issuance"). The Company plans to issue the aforementioned medium-term notes in
a single tranche or in multiple tranches within the registered issuance quota
and its validity period, depending on market conditions, interest rate
changes, and the Company's own funding needs. The details are as follows:

I. Basic Plan for the Proposed Issuance of Medium-Term Notes

1. Issuer: Ming Yang Smart Energy Group Limited.

2. Type of debt financing instrument: medium-term notes.

3. Registration size: the proposed registration and issuance size of the
medium-term notes shall not exceed RMB 3 billion (inclusive). The final
registered issuance size shall be subject to the quota specified in the
registration notice obtained by the Company from NAFMII.

4. Tenor: the tenor of the medium-term notes for this Issuance shall not
exceed 5 years (inclusive). The specific tenor will be determined based on the
Company's actual funding needs and market conditions at the time of issuance.
It can be a single-tenor product or a combination of multiple-tenor products.

5. Use of raised funds: the raised funds are intended to meet the Company's
production and operation needs, including but not limited to repaying
interest-bearing debts, project construction, supplementing working capital,
and other purposes recognized by laws, regulations, and regulatory
authorities.

6. Issue rate: to be determined based on the actual conditions at the time of
issuance and finalized through the book-building process.

7. Target investors: institutional investors in the China interbank bond
market (excluding those prohibited from purchasing by national laws and
regulations).

8. Issuance method: the notes may be issued in a single tranche or in multiple
tranches within the registered quota and its validity period.

9. Listing venue: upon completion of the issuance, the medium-term notes will
be listed and traded on the interbank bond market.

10. Guarantee clause: the medium-term notes will be issued without a
guarantee.

11. Validity period of the resolution: the validity period of the resolution
for this proposed issuance of medium-term notes shall commence from the date
of deliberation and approval by the Shareholders' Meeting and expire 24 months
after the issuance of the registration notice for the medium-term notes by
National Association of Financial Market Institutional Investors ("NAFMII").
The Company may complete the relevant issuance within the validity period of
such registration documents (according to the period specified in the
registration notice for the medium-term notes issued by NAFMII).

 

II. Authorization Matters

To effectively handle the specific matters during the registration and
issuance process of the medium-term notes, it is proposed that the
Shareholders' Meeting authorize the Board or persons authorized by the Board
to, in accordance with the relevant provisions of laws and regulations such as
the Company Law, the Securities Law, the Administrative Measures for the Debt
Financing Instruments of Non-Financial Enterprises in the Interbank Bond
Market, and the Rules for the Registration of Debt Financing Instruments of
Non-Financial Enterprises, as well as the Articles of Association of Ming Yang
Smart Energy Group Limited (hereinafter referred to as the "Articles of
Association"), based on the market conditions at the time, and in the
principle of maximizing the interests of the Company's shareholders, handle
all matters related to the registration and issuance of the medium-term notes
with full authority, including but not limited to:

1. Formulating and adjusting the specific plan for this Issuance of the
medium-term notes, as well as revising and adjusting this issuance terms of
the medium-term notes, in accordance with national laws, regulations,
normative documents, and relevant provisions of securities regulatory
authorities, as well as subsequent effective relevant provisions, and based on
the actual situation of the Company and the market. This includes, but is not
limited to, all matters related to the issuance plan, such as the specific
issue size, tenor, product type, coupon rate and its determination method,
timing of issuance (including whether to issue in tranches and the number of
tranches), rating arrangements, specific subscription methods, specific
placement arrangements, term and method of principal and interest repayment,
bond listing, and termination of issuance;

2. Deciding on and engaging the lead underwriter, duration management
institution, and other intermediary agencies to provide services for this
issuance of medium-term notes, signing underwriting agreements, formulating
meeting rules for the bond holders, and updating the Information Disclosure
Management System;

3. Handling the application matters for this Issuance of medium-term notes,
formulating, approving, signing, modifying, submitting, and announcing all
application materials and legal documents related to this registration and
issuance of medium-term notes, making corresponding supplements or adjustments
to the application documents as required by the approving authorities, and
handling information disclosure matters related to this issuance in accordance
with regulatory requirements;

4. Deciding on and adjusting the specific arrangements for the use of raised
funds based on the actual progress of this Issuance of medium-term notes and
the Company's actual funding needs, including specific uses and amounts;

5. If the policies of regulatory authorities on the issuance of medium-term
notes change or market conditions change, making corresponding adjustments to
matters related to the medium-term notes based on the opinions of the
regulatory authorities, except for matters that must be re-voted on by the
Shareholders' Meeting as stipulated by relevant laws, regulations, and the
Articles of Association;

6. Handling other specific matters related to the issuance and listing of the
medium-term notes in accordance with the bond issuance and listing rules of
the National Association of Financial Market Institutional Investors;

7. Handling matters related to trading, circulation, and principal and
interest payment during the duration of the medium-term notes;

8. Handling other matters related to this registration and issuance of
medium-term notes;

9. This authorization is valid from the date of approval by the Shareholders'
Meeting until the completion of the aforementioned authorized matters.

It is proposed that the Board agree to authorize Chairman Chuanwei Zhang as
the authorized person for this Issuance to specifically handle matters related
to this issuance. The aforementioned authorized person has the right to
represent the Company in handling the above matters related to this Issuance
and listing, in accordance with the scope of authorization determined by the
resolution of the Company's Shareholders' Meeting and the authorization of the
Board.

 

III. Risk Warning

Whether the registration and issuance of the medium-term notes can be approved
is still uncertain. The Company will promptly disclose the issuance status of
the medium-term notes in accordance with relevant laws and regulations.
Investors are kindly reminded to be aware of investment risks.

 

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