On September 11, local time, Corning submitted documents to the US Securities and Exchange Commission stating that the company has signed an equity distribution agreement with Goldman Sachs and plans to sell common shares from time to time through “issuance at market price”, with a total issuance of up to 2 billion US dollars. Goldman Sachs will act as a sales agent. Corning said that the scale and timing of stock sales will be determined based on factors such as market conditions, stock liquidity, stock prices, and the company's financing needs, and the net proceeds will be used for general corporate purposes. Goldman Sachs will charge a commission equal to 1% of the total amount issued for shares sold through this agreement.

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