Taijin New Energy: First public offering of shares and listing on the Science and Technology Innovation Board, reminder of risks.

Thai Golden New Energy announced that the company's initial public offering of 40 million shares of stock and application for listing on the Science and Technology Innovation Board have been approved by the Shanghai Stock Exchange and the China Securities Regulatory Commission. The online and offline offerings will be implemented on March 20, 2026, at an offering price of 26.28 yuan per share, corresponding to a financing scale of 105 million yuan, higher than the fundraising demand. This offering carries risks such as a decline in stock price and the impact of fundraising on the company. It also highlights rules and precautions related to subscription, restricted sales, and payment, and indicates that the offering may be suspended in case of specific circumstances.