Cangzhou Mingzhu: Intends to issue A shares to Guangzhou Light Industry to raise funds of no more than 1.4 billion yuan.

Cangzhou Mingzhu Announcement: It is planned to issue A-shares to Guangzhou Light Industry, with a total fundraising amount not exceeding RMB 1.4 billion. After deducting the relevant issuance expenses, all funds will be used to supplement working capital. The number of shares issued to specific investors this time will not exceed 351 million shares, based on the upper limit of the number of shares issued this time, accounting for 21.28% of the total shares before the issuance of shares to specific investors this time, and the number of shares issued will not exceed 30% of the total shares before this issuance. The issuance price this time is 3.99 yuan per share, not less than 80% of the average trading price of the company's stock for the 20 trading days before the pricing benchmark date. The shares of this issuance subscribed by Guangzhou Light Industry shall not be transferable within 18 months from the end of the issuance.