Skysea Defense: Plans to issue A-shares to specific targets to raise up to 1 billion yuan for projects such as expanding production of high-end green ships.

Tianhai Defense announcement, the company plans to issue A shares to specific investors to raise funds not exceeding 1 billion yuan. The funds raised, after deducting issuance expenses, will be used for high-end green ship expansion and intelligent manufacturing upgrade projects, unmanned special boat development and equipment upgrade projects, underwater security research and operation projects, new energy comprehensive water refueling platform projects, and supplementary working capital. The number of shares issued this time will not exceed 518 million shares, and the issuance objects are securities investment fund management companies, securities companies, insurance institutions, trust investment companies, financial companies, qualified overseas institutional investors, and other qualified investors in accordance with the regulations of the China Securities Regulatory Commission. The final issuance objects will be determined by the company's board of directors and underwriters after the approval of the Shenzhen stock exchange and approval from the China Securities Regulatory Commission.