Tianfulong: Signing a five-party supervision agreement for the storage of funds raised

announced that the company had been approved to issue 40.01 million shares, raising a total of 944 million yuan, with a net amount of 856 million yuan, including an over-allotment of 65.9144 million yuan. The company plans to invest the excess funds into a functional and environmentally friendly green fiber project in Vietnam. On June 9, 2026, the company, Tianfulong Singapore Industrial, Tianfulong Singapore Materials, China Merchants Bank, and the sponsor institution, CITIC Securities, signed the "Regulatory Agreement on the Special Account Storage of Raised Funds" to clearly define the rights and obligations of each party and regulate the use and management of the raised funds.