Shanghai Hejing announced that the company's 2026 plan to issue A-shares to specific targets has been reviewed by the board of directors and shareholders' meetings, and still needs to be reviewed and approved by the Shanghai Stock Exchange and registered with the China Securities Regulatory Commission. There are no more than 35 issuers. The issuance price is not lower than 80% of the company's average stock trading price in the 20 trading days before the pricing benchmark. The number issued does not exceed 6% of the total share capital before issuance, or 40.1517 million shares. The total capital raised is not more than 700 million yuan. It is planned to invest all in the 12-inch semiconductor large silicon wafer industrialization project, with a total investment of 2,575 billion yuan. After the issuance is completed, the sale period for subscribed shares is limited to 6 months, which will not lead to changes in the controlling shareholders and actual controllers of the company.

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