Securities code: 603260 Securities abbreviation: Hesheng Silicon Industry Announcement Number: 2026-033
Hesheng Silicon Industry Co., Ltd.
About holding the first temporary meeting in 2026
Notice of shareholders meeting
The company's board of directors and all directors guarantee that the contents of this announcement do not contain any false records, misleading statements or major omissions, and assume legal responsibility for the authenticity, accuracy and completeness of its contents.
Important content reminder:
Date of shareholders’ meeting: April 10, 2026
The online voting system adopted for this shareholders’ meeting: Shanghai Stock Exchange Shareholders’ Meeting Online Voting System
1. Basic information on convening a meeting
(1) Type and session of shareholders’ meeting
The first extraordinary shareholders' meeting in 2026
(2) Convener of shareholders’ meeting: Board of Directors
(3) Voting method: The voting method used in this shareholders’ meeting is a combination of on-site voting and online voting.
(4) Date, time and place of on-site meeting
Date and time of the meeting: 14:00 on April 10, 2026
Venue: Company Conference Room, 4th Floor, Block A, Hengyuan Plaza, No. 1988 North Third Ring East Road, Cixi City, Zhejiang Province
(5) Online voting system, start and end dates and voting time.
Online voting system: Shanghai Stock Exchange Shareholders Meeting online voting system
Online voting starts and ends on April 10, 2026
Until April 10, 2026
Using the Shanghai Stock Exchange's online voting system, the voting time through the trading system voting platform is the trading time period on the day the shareholders' meeting is held, that is, 9:15-9:25, 9:30-11:30, 13:00-15:00; the voting time through the Internet voting platform is 9:15-15:00 on the day the shareholders' meeting is held.
(6) Voting procedures for margin financing and securities lending, refinancing, agreed repurchase business accounts and Shanghai-Hong Kong Stock Connect investors
Voting involving accounts related to margin financing and securities lending, refinancing business, agreed repurchase business, and Shanghai-Hong Kong Stock Connect investors shall be carried out in accordance with the "Shanghai Stock Exchange Self-Regulatory Guidelines for Listed Companies No. 1 – Standardized Operations" and other relevant regulations.
(7) Involving public solicitation of shareholder voting rights
2. Matters to be considered at the meeting
The resolutions to be reviewed and the types of voting shareholders at this shareholders’ meeting
1. The time and disclosure media of each proposal
The above proposal has been reviewed and approved at the 15th meeting of the company's fourth board of directors and the 16th meeting of the fourth board of directors. For details, please refer to the relevant announcements published in the "Shanghai Securities News", "China Securities News", "Securities Times" and the website of the Shanghai Stock Exchange (www.sse.com.cn) on March 7, 2026, and March 26, 2026.
2. Special resolutions: motions 1-8
3. Proposal on separate counting of votes for small and medium-sized investors: Proposals 1-9
4. Proposals involving related shareholders’ avoidance of voting: 9
Names of related shareholders who should avoid voting: Ningbo Hesheng Group Co., Ltd., Luo Liguo, Luo Yi, Luo Yedong
5. Proposals involving preference shareholders’ participation in voting: None
3. Things to note when voting at the shareholders’ meeting
(1) The shareholders of the Company who exercise their voting rights through the Shanghai Stock Exchange Shareholders Meeting online voting system can either log in to the trading system voting platform (through the trading terminal of the securities company designated for trading) to vote, or log in to the Internet voting platform (website: vote.sseinfo.com) to vote. When logging into the Internet voting platform to vote for the first time, investors need to complete shareholder identity authentication. For specific operations, please see the instructions on the Internet voting platform website.
In order to better serve the majority of small and medium-sized investors, we ensure that small and medium-sized investors who are willing to vote can participate in the meeting and vote in a timely manner. The company plans to use the shareholders' meeting reminder service provided by SSE Information Network Co., Ltd. (hereinafter referred to as "SSE Information"), and entrust SSE Information to proactively remind shareholders to participate in the meeting and vote based on the shareholder list on the equity registration date through smart text messages and other forms, and actively push information such as invitations to participate in the shareholders' meeting and resolutions to each investor. After receiving the smart text message, investors can vote directly according to the instructions in the manual "User Manual of One-Click Online Voting Service for Listed Company Shareholders Meetings" (link: https://vote.sseinfo.com/i/yjt_help.pdf). In case of congestion, etc., they can still vote through the original trading system voting platform and Internet voting platform.
(2) If the same voting right is voted on repeatedly through on-site, online voting platform of the Exchange or other methods, the result of the first vote shall prevail.
(3) For a shareholder holding multiple shareholder accounts, the number of exercisable voting rights is the total number of common shares of the same category and preference shares of the same variety held by all shareholder accounts under his or her name.
Shareholders holding multiple shareholder accounts who participate in online voting at the shareholders' meeting through the Exchange's online voting system can participate through any of their shareholder accounts. After the voting, it shall be deemed that all ordinary shares of the same category and preferred shares of the same variety under all shareholder accounts have voted with the same opinion.
If a shareholder holding multiple shareholder accounts votes repeatedly through multiple shareholder accounts, the voting opinions of the same class of ordinary shares and the same type of preferred stocks under all shareholder accounts shall be based on the first voting results of each class and type of stocks respectively.
(4) Shareholders must vote on all proposals before they can be submitted.
4. Participants at the meeting
(1) Shareholders of the company who are registered in the Shanghai Branch of China Securities Depository and Clearing Co., Ltd. at the market close on the afternoon of the equity registration day have the right to attend the shareholders’ meeting (see the table below for details), and may entrust a proxy in writing to attend the meeting and participate in voting. The agent does not have to be a shareholder of the company.
(2) Directors and senior managers of the company.
(3) Lawyers hired by the company.
(4) Other personnel.
5. Meeting registration method
Shareholders or shareholders' proxies who plan to attend this shareholders' meeting should hold the following documents for registration:
1. Legal person shareholders: Legal person shareholders attending the meeting must be attended by the legal representative or the agent authorized by the legal representative. If the legal representative attends the meeting, he must go through the registration formalities with his or her identity card and a valid certificate that proves his qualifications as a legal representative; if he entrusts an agent to attend the meeting, the agent must go through the registration procedures with his or her identity card and a written power of attorney issued by the legal representative of the legal person shareholder unit in accordance with the law.
2. Natural person shareholders: Individual shareholders attending the meeting must present their ID cards and valid shareholding certificates to complete registration procedures; authorized agents of individual shareholders must present their ID cards and written shareholder power of attorney to complete registration procedures (see attachment 1 for the power of attorney).
(2) On-site meeting attendance registration time:
The on-site registration time for shareholders or shareholders’ authorized representatives to attend this meeting is 8:00-17:00 on April 9, 2026. There will no longer be registration of shareholders attending the meeting on site.
(3) Meeting registration location and power of attorney delivery location:
Corporate Securities Department, 24F, Building A, Hengyuan Plaza, No. 1988 Beisanhuan East Road, Cixi City, Zhejiang Province.
(4) Meeting registration method:
Shareholders (or agents) can register with the company's securities department or register by letter, email, or fax. The deadline is: 17:00 pm on April 9, 2026.
6. Other matters
(1) The on-site meeting of this shareholders’ meeting lasts for half a day. Shareholders attending the meeting are responsible for their own food, accommodation and transportation expenses.
(2) Contact information:
Corporate Securities Department: 0574-58011165
Company fax: 0574-58011083
Company email: hsir@hoshinesilicon.com
Office address: 23-24F, Tower A, Hengyuan Plaza, No. 1988, North Third Ring East Road, Cixi City, Ningbo City, Zhejiang Province
Postal code: 315300
Announcement is hereby made.
The Board of Directors of Hesheng Silicon Industry Co., Ltd.
March 26, 2026
Attachment 1: Power of attorney
Power of attorney
Hesheng Silicon Industry Co., Ltd.:
I hereby authorize Mr. (Ms.) to represent the unit (or myself) at your company’s first extraordinary shareholders’ meeting of 2026 to be held on April 10, 2026, and to exercise voting rights on your behalf.
Number of common shares held by the client:
Number of preferred shares held by the client:
Client shareholder account number:
Signature (stamped) of the principal: Signature of the trustee:
Trustee’s ID number: Trustee’s ID number:
Commission date: year month day
Remark:
The client should choose one of the "agree", "objection" or "abstain" intentions in the power of attorney and tick "√". If the client does not give specific instructions in this power of attorney, the trustee has the right to vote according to his own wishes.
Securities code: 603260 Securities abbreviation: Hesheng Silicon Industry Announcement Number: 2026-034
Hesheng Silicon Industry Co., Ltd.
Announcement of Resolutions of the 16th Meeting of the Fourth Board of Directors
The company's board of directors and all directors guarantee that the contents of this announcement do not contain any false records, misleading statements or major omissions, and assume legal responsibility for the authenticity, accuracy and completeness of its contents.
1. Convening of board of directors meetings
The 16th meeting of the fourth board of directors of Hesheng Silicon Co., Ltd. (hereinafter referred to as the "Company" or "Hesheng Silicon") was held at 13:30 pm on March 25, 2026 in the Heihe Conference Room on the 24th floor of the company's Cixi office in a combination of on-site and communication methods. This meeting was convened with the unanimous consent of all directors, and the advance notice requirement for this meeting was exempted. There should be 9 directors attending the meeting, but there were actually 9 directors. The meeting was chaired by the company's chairman, Mr. Luo Liguo, and the company's senior managers attended the meeting. The convening and holding of this board meeting complied with the relevant national laws, regulations and the Articles of Association, and the resolutions of the meeting were legal and valid.
2. Review status of board of directors meeting
1. Reviewed and approved the “Proposal on the Company’s Estimated Daily Related Transactions in 2026”
For details, please refer to the "Hasheng Silicon Industry's Announcement on Estimated Daily Related Transactions in 2026" disclosed by the company on the Shanghai Stock Exchange website (http://www.sse.com.cn/) and designated information disclosure media on March 26, 2026.
The proposal has been reviewed and approved in advance at a special meeting of the company's independent directors, and all independent directors unanimously agreed to submit it to the board of directors for review.
Voting results: 5 votes in favor, 0 votes against, 0 abstentions, and 4 votes to avoid.
Related directors Luo Liguo, Luo Yi, Luo Yedong and Haohan abstained from voting.
This proposal still needs to be submitted to the company's shareholders' meeting for review.
2. The "Proposal on Convening the Company's First Extraordinary Shareholders' Meeting in 2026" was reviewed and approved
For details, please refer to the "Notice on Convening the First Extraordinary Shareholders Meeting in 2026" disclosed by the company on the Shanghai Stock Exchange website (http://www.sse.com.cn/) and designated information disclosure media on March 26, 2026.
Voting results: 9 votes in favor, 0 votes against, 0 abstentions, and 0 avoidance votes.
Announcement is hereby made.
The Board of Directors of Hesheng Silicon Industry Co., Ltd.
March 26, 2026
Securities code: 603260 Securities abbreviation: Hesheng Silicon Industry Announcement Number: 2026-035
Hesheng Silicon Industry Co., Ltd.
Announcement on the expected daily related transactions in 2026
The company's board of directors and all directors guarantee that the contents of this announcement do not contain any false records, misleading statements or major omissions, and assume legal responsibility for the authenticity, accuracy and completeness of its contents.
Important content reminder:
Whether it needs to be submitted to the shareholders' meeting for review: This matter still needs to be submitted to the company's first extraordinary shareholders' meeting in 2026 for review.
The expected impact of daily related transactions on the listed company: This expected daily related transaction is based on the company's normal production and operation needs, is reasonable and necessary, and follows fair and just pricing principles. It will not have an adverse impact on the company's future financial status and operating results, will not form a significant dependence on related parties, and will not affect the independence of the listed company.
1. Basic situation of daily related transactions
(1) Review procedures for the performance of daily related transactions
The 16th meeting of the fourth board of directors of Hoshine Silicon Industry Co., Ltd. (hereinafter referred to as the "Company") held on March 25, 2026 reviewed and approved the "Proposal on the Company's Daily Related Transaction Estimates for 2026". The company's related directors Luo Liguo, Luo Yi, Luo Yedong, and Haohan abstained from the vote. With the unanimous consent of the non-related directors present at the meeting, the resolution was finally reviewed and approved with 5 votes in favor, 0 votes against, 0 abstentions, and 4 votes to avoid.
The company held a special meeting of independent directors of the fourth session of the board of directors to review the above proposal. All independent directors unanimously agreed to submit it to the board of directors for review and formed the following review opinions: the expected decision-making and voting procedures for this daily related transaction are in line with the provisions of the Articles of Association and are legal and compliant; this daily related transaction is expected to be based on the needs of the company's normal production and operations. The pricing and settlement method is based on fair market prices, reflecting the principle of fair transactions. There will be no harm to the interests of the company or shareholders, especially the interests of small and medium-sized shareholders, and it is fair and reasonable for the company and shareholders.
The estimated amount of daily related transactions in 2026 reaches 5% of the absolute value of the company's latest audited net assets. In accordance with the relevant provisions of the "Articles of Association" and the "Shanghai Stock Exchange Stock Listing Rules", this matter still needs to be submitted to the company's first extraordinary shareholders' meeting in 2026 for review, at which time related shareholders will abstain from voting.
(2) Estimated and actual execution of daily related transactions in 2025:
Unit: RMB 10,000
(3) Estimated amount and categories of daily related transactions in 2026:
In order to ensure the continuity and normality of the company's daily operations, the company has reasonably estimated the total amount of daily related transactions in 2026. The specific situation is as follows:
Unit: RMB 10,000
Note: There may be differences between the company's annual daily related-party transaction estimates and actual execution. The company will make quota adjustments between different related parties under the same control (including adjustments between different related-party transaction types) based on actual transaction conditions, and the total amount will not exceed the estimated amount.
2. Introduction to related parties and related relationships
(1) Basic information on related parties
1. Company name: Hami Hexiang Industry and Trade Co., Ltd.
Residence: Villa No. 6, Hubin Community, Barkol County, Hami Region, Xinjiang
Enterprise type: Limited liability company (state-owned holding)
Legal representative: Ma Fenghu
Registered capital: RMB 730 million
Date of establishment: August 11, 2005
Business scope: coal mining; raw coal exploration; sales of iron and gold powder, coke, ferroalloys, metal materials, mechanical and electrical products, and mineral products; stone processing and sales; machinery maintenance. (Projects that require approval according to law can only carry out business activities after approval by relevant departments)
As of December 31, 2025, the company's total assets were 4,656.012 million yuan, net assets were 3,114.2975 million yuan, operating income from January to December 2025 was 4,227.7941 million yuan, and net profit was 1,092.1334 million yuan (data unaudited).
Related relationships: The company's controlling shareholder Ningbo Hesheng Group Co., Ltd. holds 20.00% of the company's investment share. Mr. Luo Liguo, the company's chairman and one of the actual controllers, serves as the company's director.
2. Company name: Ningbo Hesheng Magnetic Industry Co., Ltd.
Residence: No. 538, Youth Palace North Road, Gutang Street, Cixi City, Zhejiang Province
Enterprise type: Limited liability company (natural person investment or holding)
Legal representative: Zhang Shaote
Registered capital: RMB 20 million
Date of establishment: March 13, 2009
Business scope: General items: production of magnetic materials; sales of magnetic materials; manufacturing of non-ferrous metal alloys; sales of new functional metal materials; sales of high-performance non-ferrous metals and alloy materials; sales of rare earth functional materials; metal cutting and processing services; import and export of goods; import and export of technology (except for projects that require approval according to law, business activities can be carried out independently with a business license and in accordance with the law).
As of December 31, 2025, the company's total assets were 225.4039 million yuan, net assets were 68.6584 million yuan, operating income from January to December 2025 was 107.4413 million yuan, and net profit was 494,800 yuan (data unaudited).
Related relationships: Mr. Zhang Shaote, the company's deputy general manager, holds 60% of the company's investment share and serves as the company's executive director; Mr. Luo Lifeng serves as the company's general manager, and is the brother of Mr. Luo Liguo, the company's chairman and one of the actual controllers.
3. Company name: Nano Technology Co., Ltd.
Residence: No. 9, Baichuan Road, Lihai Town, Binhai New Town, Shaoxing, Zhejiang Province
Business type: Other limited liability company
Legal representative: Hu Yulin
Registered capital: RMB 68.6301 million
Date of establishment: November 30, 2011
Business scope: General projects: technical services, technology development, technical consultation, technology exchange, technology transfer, technology promotion; manufacturing of heat insulation and sound insulation materials; sales of heat insulation and sound insulation materials; production of refractory materials; sales of refractory materials; sales of insulation materials; import and export of goods; solar power generation technology Technical services; engineering management services; engineering technical services (except planning management, survey, design, and supervision); research and development of emerging energy technologies; sales of photovoltaic equipment and components; sales of new energy prime mover equipment (except for projects that require approval according to law, business activities can be carried out independently with a business license in accordance with the law). Licensed projects: production of hazardous chemicals; operation of hazardous chemicals; warehousing of hazardous chemicals; power supply business; power generation business, power transmission business, power supply (distribution) business; installation, maintenance and testing of power transmission, power supply and power receiving power facilities (projects that require approval according to law can only be carried out with the approval of relevant departments, and specific business projects are subject to the approval results).
As of December 31, 2025, the company's total assets were 270.0197 million yuan, net assets were 142.0819 million yuan, operating income from January to December 2024 was 196.0904 million yuan, and net profit was -10.4155 million yuan (data unaudited).
Related relationships: The company's controlling shareholder Ningbo Hesheng Group Co., Ltd. holds 53.33% of the company's capital contribution. Mr. Luo Liguo, the company's chairman and one of the actual controllers, serves as the company's director.
4. Company name: Ningbo Gezhi Plastic Products Co., Ltd.
Residence: No. 538, Youth Palace North Road, Gutang Street, Cixi City, Zhejiang Province
Enterprise type: Limited liability company (investment from Hong Kong, Macao and Taiwan, non-sole proprietorship)
Legal representative: Luo Lifeng
Registered capital: US$3.75 million
Date of establishment: November 29, 2000
Business scope: manufacturing and processing of plastic products, household appliances, plugs and sockets.
As of December 31, 2025, the company's total assets were 44.7725 million yuan, net assets were 39.8934 million yuan, operating income from January to December 2025 was 4.4851 million yuan, and net profit was 2.7793 million yuan (data unaudited).
Related relationships: The company's controlling shareholder Ningbo Hesheng Group Co., Ltd. holds 35.48% of the company's capital contribution. Mr. Luo Liguo, the company's chairman and one of the actual controllers, serves as a director of the company; Mr. Luo Lifeng holds 34.52% of the company's capital contribution and serves as the company's general manager and chairman. He is the brother of Mr. Luo Liguo, the company's chairman and one of the actual controllers.
5. Company name: Ningbo Jusheng Hat Industry Co., Ltd.
Residence: No. 48, Zhendong Road, Changhe Town, Cixi
Enterprise type: Limited liability company (natural person investment or holding)
Legal representative: Zhang Jian
Registered capital: RMB 5 million
Date of establishment: February 28, 2017
Business scope: General items: clothing manufacturing; apparel manufacturing; import and export of goods; technology import and export; import and export agency; manufacturing of grass and related products; manufacturing of arts and crafts and ceremonial items (except ivory and its products); production of special labor protection products; production of labor protection products; daily masks (non- Medical) production; sales of daily masks (non-medical); manufacturing of sporting goods and equipment; sales of outdoor products; manufacturing of household products; manufacturing of stationery; sales of office supplies; manufacturing of plastic products; manufacturing of paper products (except for projects that require approval according to law, business activities can be carried out independently with a business license in accordance with the law).
As of December 31, 2025, the company's total assets were 38.9732 million yuan, net assets were 16.1664 million yuan, operating income from January to December 2025 was 40.0347 million yuan, and net profit was 399,300 yuan (data unaudited).
Related relationships: Mr. Luo Lifeng holds 80% of the capital contribution of the company and serves as the company's executive director. He is the brother of Mr. Luo Liguo, the company's chairman and one of the actual controllers.
6. Company name: Kuqa Juyou Coal Co., Ltd.
Residence: No. 130, Group 4, Kangcun, Age Township, Kuqa City, Aksu Prefecture, Xinjiang
Enterprise type: Limited liability company (natural person investment or holding)
Legal representative: Wang Shuiqing
Registered capital: RMB 20 million
Date of establishment: September 20, 2012
Business scope: General projects: mineral washing and processing; coal-based activated carbon and other coal processing; sales of coal and products. (Except for projects that require approval according to law, business activities can be carried out independently with a business license and in accordance with the law)
As of December 31, 2025, the company's total assets were 245.6676 million yuan, net assets were 42.9445 million yuan, operating income from January to December 2025 was 217.5944 million yuan, and net profit was 1.9206 million yuan (data unaudited).
Related relationship: Based on the principle of substance over form, the company determined that Kuqa Juyou Coal Co., Ltd. is a related legal person that has a special relationship with the company.
7. Company name: Xinjiang Yiri Copper Foil Technology Co., Ltd.
Residence: North of Kekeya Road and west of Photovoltaic Road, Shanshan County, Turpan City, Xinjiang
Enterprise type: joint stock limited company (unlisted, natural person investment or holding)
Legal representative: Ding Shuai
Registered capital: RMB 485 million
Date of establishment: December 12, 2016
Business scope: production, processing and sales of copper foil, import and export trade of copper materials, development, design and manufacturing of new energy devices. (Projects that require approval according to law can only carry out business activities after approval by relevant departments)
As of December 31, 2025, the company's total assets were 1,138.1429 million yuan, net assets were -15.8654 million yuan, operating income from January to December 2025 was 283.1339 million yuan, and net profit was -364.8403 million yuan (data unaudited).
Related relationships: Mr. Luo Liguo, the company's chairman and one of the actual controllers, holds 49.78% of the company's capital contribution and serves as the company's chairman; Ms. Luo Yi, the company's vice chairman and one of the actual controllers, holds 21.44% of the company's capital contribution and serves as the company's vice chairman; Mr. Luo Yedong, the company's general manager and one of the actual controllers, holds 21.44% of the company's capital contribution and serves as the company's director.
(2) Analysis of contract performance capabilities
The above-mentioned related parties' previous related-party transactions with the company have all been performed normally, their operating conditions are good, and they have strong ability to perform contracts.
3. Main contents and pricing policies of related-party transactions
The company sells products to the above-mentioned related parties, purchases products, provides leasing, and accepts leasing from related parties at prices based on market prices. Both parties follow the basic principles of good faith, equivalent compensation, fairness and voluntariness, and reasonableness and fairness, and negotiate pricing and transactions based on market prices.
4. Purpose of related transactions and impact on listed companies
The related transactions between the company and the above-mentioned related parties are all to meet the company's daily production and operation business needs. Transactions follow fair and just market principles, and there is no transfer of interests. The above-mentioned daily related transactions have no adverse impact on the company's financial status and operating results, and do not harm the interests of the company and shareholders, especially the interests of small and medium-sized shareholders.
The above-mentioned related-party transactions have no impact on the company's independence, and the company's main business will not be significantly dependent on related parties due to such transactions.
Announcement is hereby made.
The Board of Directors of Hesheng Silicon Industry Co., Ltd.
March 26, 2026
