Fenglong(SZ:002931) Xin Lang Cai Jing·2025-10-13 09:47Core Viewpoint - Zhejiang Fenglong Electric Co., Ltd. announced a change in registered capital due to the conversion of "Fenglong Convertible Bonds," which requires amendments to the company's articles of association and related rules [1][2]. Summary by Sections Reason for Capital Change - The company issued 2.45 billion yuan worth of convertible bonds on January 8, 2021, with a conversion period from July 14, 2021, to January 7, 2027. The bonds were redeemed early on March 4, 2025, leading to an increase in total shares from 199,091,200 to 218,505,856, resulting in an increase of 19,414,656 shares [2]. Amendments to Articles of Association and Related Rules - The company revised its articles of association to reflect the new registered capital of 218,505,856 yuan and the total shares of 218,505,856. The term "shareholders' meeting" was standardized, and the supervisory board's powers were transferred to the audit committee, leading to the abolition of the supervisory meeting rules. The revisions also included non-substantive changes such as adjustments to chapter titles and clause numbers [3]. - The company seeks authorization from the shareholders' meeting to handle the business registration changes and amendments to the articles of association, with the authorization valid until the completion of the matters [3].