Zhejiang Communications Technology (002061.SZ) proposes to issue shares to the original shareholders and the authorized period will expire and become invalid.

Zhejiang Communications Technology (002061.SZ) announcement, according to a previous announcement, the company held the 25th meeting of the eighth board of directors and the 21st meeting of the eighth board of supervisors on August 23, 2023, and the second extraordinary general meeting of shareholders in 2023 on September 22, 2023, and reviewed and approved the "Proposal on the Company's Issuance of Shares to Original Shareholders" and the "Proposal on Seeking Shareholders' Authorization for the Board of Directors or Authorized Persons to Handle Matters related to the Rights Issue." Since the disclosure of the rights issue plan, the company has been actively promoting related work with intermediaries. Due to the comprehensive impact of changes in the capital market financing environment and the actual situation of the company, the company has not been able to complete the rights issue and authorization matters within the validity period of the rights issue plan. As of September 21, 2024, the validity period of the rights issue plan and authorization matters has been 12 months from the date of approval by the shareholders' meeting, and will automatically expire after the expiration date.