Anhui Deli Household Glass Co., Ltd. announced a private placement of A shares for gross proceeds of not more than CNY 600,000,000 on November 24, 2020. The issue price is not less than 80% of the average price in the 20 trading days before the pricing reference date. The transaction will include participation from not more than 35 investors. All securities issued in the transaction have a hold period of 6 months. The transaction has been approved in the 47th Meeting of the Company's 3rd Directorate, and is subject to the approval of the shareholders meeting and the China Securities Regulatory Commission.