Yushun Electronics announced that the company plans to issue A-shares to specific targets in 2026, with a total capital raised of no more than 1.5 billion yuan. The net amount of capital raised after deducting relevant issuance fees will be used to repay debts and supplement working capital. The current issuance of shares to a specific target audience is Shanghai Fanwang, the controlling shareholder of the company, and the issuer subscribes to the shares issued by the company in cash. The pricing reference date for this issue of shares to specific targets is the first day of the issuance period. The issue price is not less than 80% of the average trading price of the company's stock in the 20 trading days before the pricing benchmark date. If the company's shares are exempted or depreciated during the period from the pricing reference date of the current issue to the issuance date, such as dividends, stock transfers, capital reserve transfers to share capital, etc., the current issue price will be adjusted accordingly. The number of shares to be issued to a specific target is determined by dividing the total amount of capital raised by the issue price. The number of shares to be issued is not more than 840.761 million shares, or no more than 30% of the total share capital of the company before the current issuance to the specified target. If the company has any exclusion or interest deductions such as dividends, stock transfers, capital reserve transfers to share capital during the period from the pricing benchmark date of this issuance, the issuance volume range for this issue will be adjusted accordingly. The final number of shares to be issued will be determined by the board of directors of the company or an authorized person of the board of directors in accordance with the authorization of the shareholders' meeting and negotiations with the sponsor agency at the time of issuance after the issuance is reviewed and approved by the Shenzhen Stock Exchange and approved by the China Securities Regulatory Commission.

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