Han's Laser subsidiary expands capital, incentivizes management

Han's Laser Technology Industry Group (Han's Laser) has approved a capital increase and share expansion for its subsidiary, Shenzhen Han's Laser Juwei Technology (Han's Laser Juwei), to strengthen its long-term incentive mechanism and support growth. The registered capital of Han's Laser Juwei will increase from 30m yuan to 50m yuan. Shenzhen Zhaosibojuyou Consulting Partnership (Limited Partnership) will subscribe 5m yuan, and Zhao Guanghui, chairman of Han's Laser Juwei, will subscribe 2.5m yuan, with Han's Laser subscribing 12.5m yuan. Following the transaction, Han's Laser will hold 28% directly and 57% indirectly, totaling 85% ownership.

This capital increase involves related party transactions with Zhao Guanghui, a former senior executive of Han's Laser, as approved by the board of directors and independent directors on December 19 and 24, 2025. Concurrently, Han's Laser also forecasts daily related party transactions for 2026, totaling up to 570m yuan with various affiliates, including Han's Laser Holdings Group, Beijing Han's Laser Tiancheng Semiconductor Technology, and Shenzhen Huachuang Smart Enterprise Technology.

These forecasted transactions, primarily involving raw material procurement and product sales, are based on market prices and are within the company's operational needs. The independent directors confirmed that these transactions are fair and will not harm the interests of Han's Laser or its shareholders.