On April 24, 2008, Seiko Technology held the 13th meeting of the 3rd Board of Directors and the 11th meeting of the 3rd Board of Supervisors in the conference room on the 3rd floor of the company. The meeting reviewed and approved the “Proposal on the Company's Compliance with the Conditions for Non-Public Issuance of Stocks”. , "Proposal on the Company's Non-public Issuance of Stocks Plan", "Proposal on the Feasibility Study Report on the Use of Raised Funds for Non-Public Issuance of Stocks", "Proposal on the Report on the Use of Previously Raised Funds", "On the Draw The shareholders' meeting authorized the board of directors to handle the matters related to the non-public offering of shares, and the "Proposal on Holding the Second Extraordinary General Meeting of 2008" and other seven proposals.

According to the current development status and development trend of the domestic and international solar photovoltaic industry, Seiko Technology combines its actual situation to further expand and strengthen the company's solar photovoltaic special equipment, and intends to apply for refinancing by means of non-public offering of shares. According to the non-public offering plan issued by the board of directors of the company, the number of shares issued by Seiko Technology is not more than 14 million shares (including 14 million shares), and the issue price is not less than the top 20 of the pricing base date (the announcement date of the board resolution). 90% of the company's average stock price on the trading day, that is, no less than 14.79 yuan / share. The issue target is no more than 10 companies including the company's controlling shareholders Jinggong Group Co., Ltd. and securities investment fund management companies, securities companies, trust and investment companies, finance companies, insurance institutional investors, qualified foreign institutional investors, and other institutional investors and natural persons. Specific object. The non-public offering of stock subscribers is subscribed in RMB cash, and the funds raised are intended to be invested in “200 solar panels (sets of solar photovoltaic equipment manufacturing technological transformation projects). Seiko's plan for the non-public offering of shares is subject to the approval of the second extraordinary general meeting of 2008 and approval by the China Securities Regulatory Commission.

During the meeting, the participants also made a special trip to the company's solar polysilicon ingot furnace assembly production site and the company's related party Jinggong Shaoxing Solar Technology Co., Ltd. solar polysilicon film production site visit and inspection, the field learned the fine power solar polysilicon ingot furnace and solar polysilicon film Construction of the production line.