Tianma Technology proposes capital increase, expands subsidiary guarantees for eel farming

Fujian Tianma Science and Technology Group Co., LTD. will hold its Second Extraordinary General Meeting of Shareholders on October 31, 2025, to address several key proposals. The agenda includes a resolution to change the registered capital, business scope, and revise the company's articles of association. This change reflects an increase in registered capital by 808,022 yuan, raising the total from 502,335,741 yuan to 503,143,763 yuan, following the exercise of stock options under the 2024 stock option incentive plan. The business scope will also be updated to support expanded operations.

Additionally, shareholders will vote on revising and formulating several corporate governance policies to enhance the company's operational framework. A notable proposal is the increase in the 2025 annual guarantee limit for subsidiaries' business performance by 800 million yuan. This boost raises the total guarantee limit from 1.1 billion yuan to 1.9 billion yuan to support the high-quality development of the company’s eel farming main business. The guarantees include provisions for wholly-owned and controlling subsidiaries, with varying limits based on their asset-liability ratios.

The board of directors and the board of supervisors have already approved these resolutions. As of October 10, 2025, the company and its subsidiaries had an outstanding external guarantee balance of 2,356,463,200 yuan, representing 105.34% of the latest audited net assets.