Darbond Technology announced on the evening of September 23 that the 27th meeting of its second board of directors reviewed and approved a proposal to delay part of its raised-fund investment projects, agreeing to postpone the date by which the new R&D center construction project reaches its intended usable state by one year to September 2027. The project's implementing entity, implementation method, use of raised funds, and investment scale will remain unchanged. The announcement shows cumulative investment in the project at 98 million yuan, with investment progress at 55.39 percent. Civil construction has been largely completed, and the delay is mainly because the procurement, on-site installation, and commissioning of R&D equipment took longer than previously expected. The company said the delay involves only a change in project schedule, will not have a material impact on implementation of the raised-fund project, and does not constitute a disguised change in the use of raised funds or harm to shareholder interests. The same day, the company also announced that board secretary Yu Jie had applied to resign from the board secretary position to comply with regulatory requirements for board secretaries of listed companies. After resigning, Yu Jie will continue to serve as deputy general manager and chief financial officer. The board agreed to appoint Zhang Yufeng as board secretary, with a term lasting until the end of the second board's term. Zhang Yufeng was born in June 1981 and holds a master's degree in accounting from Tsinghua University. He is qualified as a Chinese certified public accountant, lawyer, sponsor representative, and board secretary for the Shanghai and Shenzhen stock exchanges. He previously worked at Huawei Technologies, Jianghai Securities, Essence Securities, Shenwan Hongyuan Securities underwriting and sponsorship, and Sansec. He joined Darbond Technology in July 2026 and currently holds no company shares.
Darbond Technology Co. Ltd. ACompany delays its raised-fund R&D center project by one year to September 2027, with investment progress at only 55.39%.
Shenwan Hongyuan Group Co Ltd
Sansec Technology Co. Ltd. A