Hua Guang New Materials: Intends to raise 199 million yuan through a private placement.

Huangguang New Materials announced that it plans to issue shares to specific entities through a simplified process to raise funds of 199 million yuan. The number of shares to be issued is 4.893 million shares, with an issue price of 40.67 yuan per share. The funds raised will be used entirely for the TaiGuang Welding Materials Production Base project in Thailand. The subscribers for this issuance include Nord Fund Management Co., Ltd., Taikang Asset Management Co., Ltd., Caitong Fund Management Co., Ltd., Lu Jun, etc., all of whom will subscribe in RMB cash. This issuance is subject to approval by the Shanghai Stock Exchange and a registration decision by the China Securities Regulatory Commission.