Shanghai Hejing announced that the company's fund-raising project “Low Impedance Monocrystalline Growth and High Quality Epitaxial R&D Project” plans to raise 775 million yuan, with a total investment of 603 million yuan as of June 30, 2026, with an investment progress of 77.78%. The main project construction of the project has basically been completed. Due to uncertainty about the acceptance process, the company extended the time for the project to reach the intended usable state until June 30, 2027. This extension has not changed the investment use of raised capital, total investment amount and implementing entity, and will not have a substantial impact on the company's production and operation. The matter has been reviewed and approved by the company's board of directors, and the sponsor, CITIC Securities, has no objection to the extension of this project.

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